Mesa to raise $230m with sale-leaseback of 18 E175s to United | News
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United Airlines has agreed to purchase 18 Embraer 175 regional jets from partner Mesa Airlines in a sale-leaseback deal that will raise some $230 million for the regional carrier.
Phoenix-based Mesa disclosed the deal in a 7 January filing with the US Securities and Exchange Commission, adding that $142 million of sale proceeds will be allocated to paying off the carrier’s debt.
Mesa says that part of the deal, involving the sale of eight E175s, closed on 31 December. The remaining 10 regional …