Mesa Air Group Inc. and Hawaiian Airlines announced this morning that they have settled their long-running dispute over inter-island Hawaiian service.
Under the terms of the settlement, Mesa did not admit wrongdoing but will pay Hawaiian $52.5 million from a bond it previously posted. Mesa said the agreement does not prevent its go! subsidiary from flying in the interisland market.
Phoenix-based Mesa launched go! in June 2006. Honolulu-based Hawaiian sued Mesa that same year, alleging the company misused company secrets — including figures on route profitability, passenger profiles, and expansion plans — Hawaiian gave Mesa when the former was going through bankruptcy reorganization and seeking investors.
