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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) announced today that it has finalized a new contract, which replaces the previous agreement with American Airlines, to operate 40 CRJ-900s for a five-year term beginning January 1, 2021 through December 31, 2025. Under the previous contract 30 CRJ-900 aircraft were set to expire in 2021 with an additional 17 expiring in 2022.

Mesa Air Group Enters New Contract with American Airlines to Operate 40 CRJ-900s for Five Years; Replaces Existing Expiring Contract

PHOENIX, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act).

Mesa Air Group Completes Second Closing On Secured Loan Facility, Receiving an Additional $152 Million

PHOENIX, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its fourth quarter earnings for fiscal year 2020 after the market closes on Wednesday, December 9. The company will also host a conference call to discuss the results on December 9 at 4:30 pm Eastern Time.

Mesa Air Group Announces Fourth Quarter Fiscal Year 2020 Earnings Release and Conference Call Date

PHOENIX, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has entered into a five-year Loan and Guarantee Agreement on October 30, 2020, with the U.S. Treasury Department which provides Mesa Airlines with a secured term loan facility to borrow up to $200 million under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

Mesa Air Group Enters Into a $200 Million Secured Loan Facility Under CARES Act; Thanks Arizona Delegation for Critical Support

Mesa Air Group: Profitable Even During COVID

PHOENIX, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for September 2020.

Mesa Air Group Reports September 2020 Operating Performance

PHOENIX, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) Monday operated its first revenue cargo flight for DHL Express from its crew and maintenance base at Cincinnati/Northern Kentucky International Airport. 

Mesa Air Group Operates First Revenue Cargo Flight For DHL Express

PHOENIX, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) is pleased to announce the company has reached an agreement with its pilots, represented by the Air Line Pilots Association, that will enable the company to avoid furloughing any employee for the remainder of 2020, despite the tremendous impact of the COVID-19 pandemic on air travel.  

Mesa Air Group Announces No Furloughs in 2020

PHOENIX, Sept.  10, 2020  (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for August 2020.

Mesa Air Group Reports August 2020 Operating Performance

PHOENIX, Aug.  19, 2020  (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for July 2020.

Mesa Air Group Reports July 2020 Operating Performance

Mesa Air Group, Inc. (MESA) CEO Jonathan Ornstein on Q3 2020 Results - Earnings Call Transcript

Mesa Air (MESA) delivered earnings and revenue surprises of 138.46% and -8.62%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Mesa Air (MESA) Q3 Earnings Beat Estimates

PHOENIX, Aug.  10, 2020  (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported third quarter fiscal 2020 financial and operating results.

Mesa Air Group Reports Third Quarter Fiscal 2020 Results

Mesa Air (MESA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Mesa Air (MESA) Q3 Earnings Expected to Decline

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PHOENIX, July  20, 2020  (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its third quarter earnings for fiscal year 2020 after the market closes on Monday, August 10. The company will also host a conference call to discuss the results on August 10 at 4:30 pm Eastern Time.

Mesa Air Group Announces Third Quarter Fiscal Year 2020 Earnings Release and Conference Call Date

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Mesa Air to start flying cargo for DHL as the regional airline lacks passengers because of the coronavirus pandemic.

Lacking passengers, regional airline Mesa Air to start flying DHL cargo

Regional airline Mesa Air Group Inc.'s shares MESA, +4.56% 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.

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

PHOENIX, July  13, 2020  (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced plans to begin providing air cargo service for DHL Express with Boeing 737-400F cargo aircraft.   Under the agreement, Mesa will operate two cargo aircraft from DHL Express Americas global hub at Cincinnati/Northern Kentucky International Airport for a five-year term. The company will lease the aircraft from DHL with the first scheduled to be in service this October.   “We are very excited to enter the cargo market and diversify our business. Flying under contract on behalf of DHL is essentially the same business model Mesa has operated under for over 20 years,” said Jonathan Ornstein, Chairman and Chief Executive Officer. “Cargo transport plays a critical role in the health of communities and economies around the world. Mesa is well-suited for this new mission, and this is just the beginning of what we believe will be a long and productive relationship with DHL.”  “This new cargo operation opens new doors for Mesa,” said Brad Rich, Executive Vice President and Chief Operating Officer. “We are proud to offer new opportunities to our employees as we enter the cargo industry. In particular, Mesa pilots will now have the ability to earn a 737 type rating and receive the highest pay in the regional industry, all without leaving the company.”

Mesa Air Group Signs Five-Year Cargo Contract with DHL Express, Will Add Boeing 737-400F Aircraft to Fleet

Mesa Air Group Inc. MESA, +1.81% said Tuesday that block hours, a measure of aircraft utilization, fell 75.8% in June because of reduced schedules during the coronavirus pandemic.

Mesa Air June block hours fall 75.8% as schedules reduced in coronavirus pandemic

PHOENIX, July  07, 2020  (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for June 2020.

Mesa Air Group Reports June 2020 Operating Performance

Regional air carrier Mesa Air Group Inc. MESA, +10.79% said Monday that block hours flown in May were down 68.6% from a year ago, as a result of reduced schedules during the COVID-19 pandemic.

Mesa Air's May block hours fell 69%, but stock rallies toward 6th straight gain

PHOENIX, June  08, 2020  (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for May 2020.

Mesa Air Group Reports May 2020 Operating Performance

NEW YORK, May 15, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Mesa Air Group, Inc. (NASDAQ: MESA) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement")...

MESA LOSS NOTICE: ROSEN, A LEADING AND TOP RANKED LAW FIRM, Reminds Mesa Air Group, Inc. Investors of Important Deadline in Federal Securities Class Action Filed by the Firm - MESA

Mesa Air Group, Inc. (MESA) CEO Jonathan Ornstein on Q2 2020 Results - Earnings Call Transcript

News for Mesa Air Group Inc. Stock (MESA)