The romantic drama based on real aviation documents has a script by Billy Ray
Good Universe will handle international sales at the upcoming Cannes Film Market
The former production head has left to start his own company Good Universe following Lionsgate's acquisition of Summit.
Mandate Pictures founders Joe Drake and Nathan Kahane form Good Universe, which will sell the rights to some of Mandate's upcoming films
The independent film studio will be making low-risk, high-reward movies with $2 million budgets and below
Perry returns as Madea in 11th film for studio, starts shooting "For Colored Girls..." on June 1