NEWS RELEASE

Mesa Air Group, Inc. (Nasdaq: MESA) today announced that it entered into a settlement with the former controlling shareholder of Aloha Airlines concerning the Aloha Airlines lawsuit over Mesa's Hawaiian inter-island flight services operated under the go! brand name. Under the terms of the settlement, and without admitting any wrongdoing, Mesa agreed:

  • Mesa will make a cash payment of $2 million;
  • Mesa will issue shares of Mesa common stock equal to 10% of its currently outstanding shares;
  • Mesa will provide certain Hawaiian inter-island travel benefits to the former employees of Aloha Airlines;
  • In the event the shareholder is able to purchase the “Aloha” name in the upcoming bankruptcy court auction, it will license the “Aloha” name to Mesa.

 

“We are extremely pleased to resolve all claims put forward in this litigation and look forward to re-branding service under the Aloha name in the near future,” said Jonathan Ornstein, Chairman and Chief Executive Officer of Mesa. “This settlement resolves all claims by Aloha Airlines related to Mesa’s entry into the Hawaiian inter-island market and permits us to focus solely on our core competency of providing the best service, convenient schedules and low fare pricing to our customers. We intend to carry on Aloha’s proud tradition, maintain Mesa’s status as Hawaii’s low cost air carrier and look forward to future growth opportunities made possible by this settlement.”

This press release contains various forward-looking statements that are based on management's beliefs, as well as assumptions made by and information currently available to management. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, projected or expected.

SOURCE Mesa Air Group, Inc.
CONTACT: Chris Pappaioanou VP Legal Affairs, Mesa Air Group

NEWS RELEASE

HONOLULU—go!, Hawaii's Low Fare Airline, today announced on February 17, 2008, in conjunction with Ho’omau 2008, it will officially launch a new website using only the Hawaiian language. This new site is available at www.lelegowau.com (Hawaiian for www.iflygo.com) and will allow passengers to search for and book interisland travel, all in Hawaiian. go! is extremely proud to launch the first airline website and the first e-commerce website to use only the Hawaiian language. The new site is also available by selecting “Hawaiian” from the language drop-down menu at www.iflygo.com.

Ho’omau 2008 is the 10th annual Ho‘omau concert, which benefits all O‘ahu Hawaiian language immersion schools and will be held on Sunday, February 17, 2008, at the Waikïkï Shell.

“The creation of this site served as both an exercise and opportunity for the students of Hawai’i’s Hawaiian language immersion schools who assisted in translation and the creation of some new Hawaiian words,” said Jonathan Ornstein, Mesa Air Group Chairman and CEO. “Using Hawaiian in such a modern fashion required growth of the language and has already furthered the goal of making it one of today’s living languages,” he continued.

“In the last 30 years there has been a remarkable resurgence in the training and use of Hawaiian,” said Frank Among, go! VP of eCommerce. “We hope that the production of this site will continue to support interaction and familiarity with the Hawaiian language and also encourage more of the business community to make an effort to keep Hawai’i’s rich culture alive,” he continued.

The site has been created with input from many people including Larry Kimura, noted Hawaiian language author and UH Hilo Professor; Sterling Kini Wong of the Office of Hawaiian Affairs; Manu Boyd, Cultural Director, The Festivals Company; Kaulana Vares, UH Manoa Hawaiian Studies student, as well as Ms. Kaui Keola and her students at Kula Kaiapuni `o Anuenue in Palolo. Student involvement from other Hawaiian language schools will also be sought and the goal is to involve students in the marketing, sales, support and development of the site on an on-going basis. Another local company, Ezrez Software, is being used for the booking engine technology. “As a company with deep roots in Hawai`i, Ezrez has a strong commitment to the community. We are honored to be a part of an initiative that promotes and perpetuates the Hawaiian language,” said Ezrez CEO Tina Fitch.

go! operates approximately 60 flights a day from its Honolulu hub to Lihue, Kahului, Kona, and Hilo using a fleet of state-of-the-art Bombardier CRJ-200 jets outfitted with comfortable leather interiors and no middle seats.

In 2007 go! launched go!Drive and began selling Hawai’i interisland holiday packages through its primary website, www.iflygo.com. With interisland vacations starting at $99*, go!Drive is Hawai‘i’s affordable fly/drive package. go!Drive packages offer a variety of options to travelers including airfare, hotels, rental cars, tours and airport transfers all at the lowest prices.

go! recently extended its route network with the launch of go!Express, operated under a code share agreement with Hawai’i-based Mokulele Airlines. The new service adds Kapalua, Maui, Lana’i City, Lana’i and Ho’olehua, Moloka’i to the list of Hawai’i communities with access to go!’s market-leading low fares.