Mesa Air Group has signed a letter of intent with Raytheon Aircraft to resolve outstanding issues related to its Beech 1900D fleet, financed with Raytheon.

The aircraft manufacturer has agreed to assist Mesa in reducing the regional air carrier's 1900D operating expenses. The deal also clears Mesa's loan default. Mesa operates 55 Beech 1900Ds at its wholly-owned subsidiary Air Midwest, of which 47 are financed by Raytheon Aircraft Credit.

Source: Flight International