Mesa Air Group Inc.

Mesa Air Group, Inc. operates as a commercial aviation holding company, which engages in the provision of regional air carrier and passenger transportation services. Its fleet include American Eagle, United Express, and DHL Express flights. The company was founded in 1982 and is headquartered in Phoenix, AZ.

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Mesa Air Group reports Q1 losses, eyes cargo growth

Mesa Air Group Inc. navigated challenges in Q1, focusing on transitioning operations to United Airlines and expanding its cargo fleet to drive growth.
Despite a net loss of $9.1 million, Mesa achieved significant milestones, maintained good airline relationships, and is committed to turning the business around.
The company's investments in pilot production, sustainability, and operational stability position it well for future profitability and growth opportunities.
With a strategic focus on the cargo business and operational efficiency, Mesa is poised to capitalize on industry recovery and expand its market presence.

Mesa Air Group Inc. reports Q2 results, focuses on CRJ-900 transition and pilot pipeline

Mesa Air Group Inc. navigated a transition year with revenue in line but a net loss, focusing on CRJ-900 flying and pilot pipeline.
The company's proactive approach to debt reduction and pilot shortage challenges shows strategic foresight.
Analyst questions highlighted areas of concern like deferred revenue and profitability margins.
Efforts to sell CRJ-900s for cash, address pilot shortage, and improve financial performance indicate a path forward.

Mesa Air Group Inc. reports Q3 losses, focuses on operational efficiency

Mesa Air Group Inc. grapples with financial losses in Q3 2023 but targets improved margins by FY 2024. Efforts to address the pilot shortage and optimize operations are underway. The company's revenue mix from United flying provides stability amidst challenges in reducing costs and debt.

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Mesa Air Group, Inc. is a holding company, which engages in the provision of regional air carrier and passenger transportation services. Its fleet include American Eagle, United Express, and DHL Express flights. The company was founded in 1982 and is headquartered in Phoenix, AZ.

PHOENIX, Dec. 28, 2022 (GLOBE NEWSWIRE) --  Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2022 fourth quarter and fiscal year end earnings after the market closes on Thursday, December 29th. The company will also host a conference call to discuss the results on December 29th at 4:30 pm Eastern Time.

Mesa Air Group Announces Updated Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call Date

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Mesa Air Group and American Airlines have agreed on termination of their capacity agreement. New agreement with United Airlines will be in effect next year.

Frustrated Mesa Air Terminates American Airlines Agreement

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American Airlines and regional carrier Mesa Air Group are ending their partnership amid concerns of viability. Mesa is also entering into a new agreement with United Airlines.

American Airlines, Mesa Air end partnership

Mesa Air Group Inc (NASDAQ:MESA) is in the spotlight today, after news that the company is finalizing a five-year deal with United Airlines (UAL) to operate regional flights, as its winds down  its contract with American Airlines (AAL).

Mesa Air Group Stock Surges on Airline Switch

Investors of Mesa Air Group (NASDAQ: MESA ) stock got a few surprises this morning. First of all, Mesa is winding down its operations with American Airlines (NASDAQ: AAL ), having struck a new agreement with United Airlines (NASDAQ: UAL ).

Why Is Mesa Air Group (MESA) Stock Up 10% Today?

Mesa Air Group Inc. MESA, -4.10% has announced plans to wind down its contract with American Airlines Group Inc. AAL, -0.93% and expand its relationship with United Airlines Holdings Inc. UAL, -0.31% . In a statement, Mesa said that the restructuring was driven primarily by higher pilot wages and block hour utilization penalties, which are the result an ongoing industry-wide pilot shortage.

Mesa Air to wind down contract with American Airlines, expand relationship with United Airlines

PHOENIX, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) announced today plans for a significant restructuring in its operations with American Airlines and United Airlines. As a result of ongoing unprofitable operations with American Airlines, driven primarily by higher pilot wages and block hour utilization penalties driven by the ongoing industry wide pilot shortage, Mesa initiated and has finalized a consensual wind down of its American operations. Mesa is finalizing a new-five-year agreement with United Airlines that would place the associated aircraft into United Express operations and compensate Mesa for the higher costs associated with regional jet flying. The new agreement would cover all of Mesa's existing flying at American and could increase to 38 CRJ-900 aircraft, dependent upon the number of E-175s that Mesa is operating.

Mesa to Expand Relationship with United Airlines, Winds Down Contract with American Airlines

American Airlines said Saturday it will end its agreement with regional carrier Mesa Airlines to fly some regional routes after raising concerns about the Arizona-based carrier's performance.

American Airlines ending agreement with regional carrier Mesa Airlines

American said its final flight with Mesa will be on April 3.

American Airlines is dropping regional carrier Mesa, citing financial and operational problems

Mesa Air Group MESA, +3.55% said Monday it will file with the Securities and Exchange Commission to delay its fourth quarter and fiscal 2022 earnings, which were expected later Monday. The Phoenix, Az.

Mesa Air to delay Q4 and fiscal 2022 earnings in filing with SEC

PHOENIX, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group (NASDAQ: MESA) today announced that it will file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission with regard to its annual report on Form 10-K (the “2022 10-K”) for the fiscal year ended September 30, 2022. Form 12b-25 will allow the Company an additional fifteen calendar days to file the 2022 10-K, which is due on December 14, 2022.

Mesa Air Group Announces Intent to File Form 12b-25 and Delay Its Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

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Wall Street analysts see share prices doubling over the next 12 months. That upside is filled with risks as Mesa Air Group faces high attrition, rendering it unable to fly its schedules efficiently.

Mesa Air Group: A Bigger Sell Than Hold

PHOENIX, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2022 fourth quarter and fiscal year end earnings after the market closes on Monday, December 12th. The company will also host a conference call to discuss the results on December 12th at 4:30 pm Eastern Time.

Mesa Air Group Announces Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call Date

Mesa Airlines MESA, -3.98% said Thursday it has purchased 29 Pipistrel Alpha Trainer 2 aircraft, along with an option to acquire up to 75 more in the next year. The new fleet will be used to offer pilots an accelerated path to chalking up the 1,500 flight hours required to fly a commercial aircraft and aims to address the pilot shortage currently hurting U.S. airlines.

Mesa Airlines offers accelerated path to 1,500 hours in effort to combat pilot shortage

Airline Orders up to 104 Pipistrel Aircraft to Build ‘Mesa Pilot Development' to Combat Pilot Shortage Airline Orders up to 104 Pipistrel Aircraft to Build ‘Mesa Pilot Development' to Combat Pilot Shortage

Mesa Airlines Offers Accelerated Path to 1,500 Hours

PHOENIX, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, parent company of Mesa Airlines, Inc. (NASDAQ: MESA), today announced that Jonathan Ornstein, Chairman and CEO, Mesa Airlines, will participate in a Fireside Chat at Cowen's 15th Annual Global Transportation & Sustainable Mobility Conference on Wednesday, September 7th from 2:20-2:50 PM EDT.

Mesa Airlines to Participate in Cowen's 15th Annual Global Transportation & Sustainable Mobility Conference

"The pilot shortage is the single greatest threat to the industry I have witnessed since 9/11," Mesa Airlines CEO Jonathan Ornstein said in May.

Mesa Airlines just increased entry-level pilot pay by 118% to $100 an hour, beating out American's recent salary hike as the battle for regional pilots heats up

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Mesa Air Group, Inc. (NASDAQ:MESA ) Q3 2022 Earnings Conference Call August 8, 2022 4:30 PM ET Company Participants Doug Cooper - IR Jonathan Ornstein - Chairman & CEO Bradford Rich - EVP & COO Michael Lotz - President Torque Zubeck - CFO Conference Call Participants Savi Syth - Raymond James & Associates Hillary Cacanando - Deutsche Bank Helane Becker - Cowen and Company Andrew Didora - Bank of America Merrill Lynch Operator Thank you for standing by, and welcome to the Mesa Airlines Q3 Investor Conference Call. [Operator Instructions].

Mesa Air Group, Inc. (MESA) CEO Jonathan Ornstein on Q3 2022 Results - Earnings Call Transcript

Mesa Air (MESA) delivered earnings and revenue surprises of 13.04% and 7.30%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Mesa Air (MESA) Reports Q3 Loss, Tops Revenue Estimates

PHOENIX, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported third quarter fiscal 2022 financial and operating results.

Mesa Air Group Reports Third Quarter Fiscal 2022 Results

PHOENIX, July 25, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its third quarter earnings results for fiscal year 2022 after the market closes on Monday, August 8th. The company will also host a conference call to discuss the results on August 8th at 4:30 pm Eastern Time.

Mesa Air Group Announces Third Fiscal Quarter 2022 Earnings Release and Conference Call Date

Mesa Air Group is experiencing the bitter reality of being a regional airline. Airline has 200 pilots in training, but between each pilot leaving and coming in there is a 74-day gap.

News for Mesa Air Group Inc. Stock (MESA)