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Article: Hawaiian Airlines Reaches Settlement With Mesa Air Group.
- Article from:
- PR Newswire
- Article date:
- April 30, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HONOLULU, April 30 /PRNewswire/ -- Hawaiian Airlines announced today that it has reached a settlement of its lawsuit with Mesa Air Group, Inc., regarding Mesa's misuse of confidential and proprietary information obtained during Hawaiian's Chapter 11 plan of reorganization in 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040827/LAF044LOGO)
Under the terms of the settlement agreement, Hawaiian Airlines will receive a cash payment of $52.5 million and Mesa will withdraw its appeal of the $80 million judgment (plus interest, attorney's fees and costs) awarded against Mesa by the United States Bankruptcy Court in October 2007. The cash payment is required to be made ...
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