Aloha, 

As you may have heard, Mesa Air Group recently announced it has sought protection under Chapter 11 of the Bankruptcy Code. We would like to provide you with additional information regarding this financial restructuring and what it means for go! Mokulele. 

go! has served the Hawaii inter-island market for over three years. We remain fully committed to continuing these services uninterrupted for years to come. Mesa provides regional jet services to go! Mokulele under a fight services agreement. The joint venture itself is its own separate entity and is not included in the Mesa Chapter 11 proceedings. 

On behalf of Mesa Airlines, I want to emphasize our commitment to the go! Mokulele operation and assure you that go! Mokulele is operating its full flight schedule. Tickets will be sold and honored, all terms and conditions governing tickets purchased remain the same, our frequent flyer program remains intact, and we intend to continue to service you with the low cost, high quality service you have come to rely on. In fact, this restructuring will be virtually unnoticeable to you! 

Importantly, Mesa Air Group and its subsidiaries are not going out of business. Chapter 11 means reorganization, not liquidation. In fact, Mesa took this action to preserve the business. The Company will continue to operate its business uninterrupted. 

Mesa has sufficient cash to continue funding its day-to-day and ongoing operations, and I and the rest of Mesa’s management team are committed to its long-term future. This future includes continued, uninterrupted service to go! Mokulele. 

Understandably, you may be wondering how and why this happened. Over the past two years, we have worked closely with our lessors, creditors and other constituents to restructure our financial obligations. These efforts have led to the elimination of over $160 million of debt obligations, the return of a number of aircraft, and the restructuring of inventory management and engine overhaul agreements. We are nonetheless faced with an untenable financial situation resulting primarily from our continued lease obligations on aircraft excess to our current requirements. After careful consideration, the Company determined that a Chapter 11 filing provides the most effective and efficient means to restructure with minimal impact on the business and our customers. This process will allow us to eliminate excess aircraft to better match our needs and give us the flexibility to align our business model to the changing regional airline marketplace, ensuring a leaner and more competitive company poised for future success. 

You have our commitment that we will continue to update you throughout this process. Moreover, we invite you to visit the special reorganization section of the website www.mesa-air.com/restructuring. We truly value your business and are committed to meeting your travel needs – now and in the future. 

Regards, 

Jonathan G. Ornstein 
Chairman and Chief Executive 
Mesa Air Group 

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