Term SheetCode Share and Revenue Sharing Agreement • August 14th, 2019 • Mesa Air Group Inc • Air transportation, scheduled
• Overview. This term sheet (this “Term Sheet”) sets forth the agreement of American Airlines, Inc. (“American”) and Mesa Airlines, Inc. (“Mesa”, and together with American, the “Parties”) with respect to the following: (i) the permanent withdrawal of two aircraft from the Code Share and Revenue Sharing Agreement, dated as of March 20, 2001, but effective as of February 1, 2001, by and between American and Mesa, as amended (the “CSA”); (ii) the criteria by which Mesa’s performance during the remainder of the term of this Term Sheet will be evaluated for purposes of determining American’s rights under the bullet labeled “Withdrawal of Additional Aircraft” below; and (iii) the permanent withdrawal of up to an additional six aircraft in the event that Mesa fails to perform in accordance with such established criteria at any point during the term of this Term Sheet. Capitalized terms used herein but not defined will have the meanings provided in the CSA.
