Home / Market News / UPDATE: Mesa Air signs 5-year cargo contract with DHL Express, to add Boeing 737-400F to fleet

UPDATE: Mesa Air signs 5-year cargo contract with DHL Express, to add Boeing 737-400F to fleet

Regional airline Mesa Air Group Inc.’s shares rallied 23% in premarket trade Monday, after the company said it has signed a five-year cargo contract with DHL Express and that it will add Boeing Co. 737-400F aircraft to its fleet. Mesa will operate two cargo aircraft from DHL Americas hub at Cincinnati/Northern Kentucky International Airport. The company will lease the aircraft from DHL with the first scheduled to be in service this October. Boeing stock was up 1.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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