8-K - MESA AIR GROUP INC (0000810332) (Filer)

10-Q - MESA AIR GROUP INC (0000810332) (Filer)

8-K - MESA AIR GROUP INC (0000810332) (Filer)

NT 10-Q - MESA AIR GROUP INC (0000810332) (Filer)

8-K - MESA AIR GROUP INC (0000810332) (Filer)

8-K - MESA AIR GROUP INC (0000810332) (Filer)

10-Q - MESA AIR GROUP INC (0000810332) (Filer)

8-K - MESA AIR GROUP INC (0000810332) (Filer)

8-K - MESA AIR GROUP INC (0000810332) (Filer)

10-Q - MESA AIR GROUP INC (0000810332) (Filer)

PHOENIX, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) - Mesa Airlines, announced today the launch of its Independent Pilot Development program (IPD), which will offer pilots "pay as you go" opportunity to build required flight time quickly, economically, and efficiently in brand new Pipistrel Alpha 2 aircraft. Unlike traditional time building programs, IPD offers airline training materials, advanced computerized based training, and pilot mentors, giving pilots a competitive advantage in the commercial aviation job market. IPD is designed to accelerate the time needed to achieve the required hours under the FAA's mandated "1,500-hour rule". IPD gives pilots a

PHOENIX, June 06, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) - Mesa Airlines Inc., a wholly-owned subsidiary of Mesa Air Group, is pleased to announce the appointment of Andrew Lotter as the new Vice President of Flight Operations. Lotter will succeed John Hornibrook who is retiring from the Company. Lotter brings over 25 years of aviation industry experience and has held several executive positions in operations including Chief Operating Officer at Avelo Airlines, President of Ameriflight and most recently Vice President of Operations at Omni Air International. He has also held positions as Chief Pilot, Check Airman/Pilot, Simulator Instructor and holds numerous type ra

PHOENIX, May 11, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) - Mesa Airlines, a leading regional airline, is pleased to announce the appointment of Lorraine "Lori" DiMarco as its new Vice President of Maintenance. DiMarco will be responsible for overseeing all aspects of Mesa Airlines' maintenance operations and replaces Christian Daoud who has resigned from the company.             With over 33 years of experience in the aviation industry, DiMarco brings a wealth of knowledge and expertise to Mesa Airlines. She began her maintenance career as a hangar and line mechanic at JFK airport in New York for Trans World Airlines, working on the Boeing 747 aircraft. Most recentl

PHOENIX, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today reported third quarter fiscal 2024 financial and operating results. Third Quarter Fiscal 2024 Update: Total operating revenues of $110.8 million, United Express contract revenue 8.0% higher year-over-yearPre-tax loss of $20.7 million, net loss of $19.9 million, or $(0.48) per diluted shareAdjusted net loss1 of $9.4 million2, or $(0.23) per diluted shareAdjusted EBITDAR1 of $10.6 millionOperated at a 99.94% controllable completion factor3 United CPA and Fleet Update: Extended increased block-hour rate on E-175 flying in current United CPA through August 31, 2025At United's requ

PHOENIX, AZ / ACCESSWIRE / August 20, 2024 / Mesa Air Group, Inc. (NASDAQ:MESA) ("Mesa" or the "Company") today announced that it received a notice ("Notice") on August 16, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") because the Company failed to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2024 (the "Form 10-Q") with the Securities and Exchange Commission. The filing delay is not the result of a forthcoming restatement of the Company's financial statements or any disagreement with the Company's auditors.The Notice has

PHOENIX, July 02, 2024 (GLOBE NEWSWIRE) --  Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today announced the furlough of 12 pilots and training deferrals for 41 pilot trainees, effective July 12, 2024. These actions are the result of significantly reduced attrition among Mesa's active pilot workforce. The Company currently anticipates this will save approximately $750,000 per month in operating expenses. "Over the last two years, attrition at Mesa often exceeded 25 pilots per month due to the pilot shortage created by the FAA's implementation of the ‘1,500-hour rule'," said Jonathan Ornstein, Mesa Chairman and CEO. "As a result, we undertook significant efforts to increas

PHOENIX, June 18, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today reported second quarter fiscal 2024 financial and operating results. Second Quarter Fiscal 2024 Update: Total operating revenues of $131.6 millionPre-tax income of $11.7 million, net income of $11.7 million or $0.28 per diluted shareAdjusted net income1 of $6.3 million2 or $0.15 per diluted shareAdjusted EBITDAR1 of $28.2 millionFlew 99.85% controllable completion factor Additional Updates: Closed on additional five engines associated with RASPRO finance lease since June 2024 announcementRenegotiated operating lease on two CRJ aircraft into a fully amortized buyout lease, redu

PHOENIX, June 06, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today provided an update that the Company has completed the sales of six of the 15 surplus CRJ-900 airframes, and ten of the 30 surplus CRJ engines, associated with its Regional Aircraft Securitization Program ("RASPRO") finance lease. Mesa previously entered into agreements to sell the 15 airframes and 30 engines, respectively, to two separate third parties. Previously, the RASPRO finance lease carried a $50.4 million obligation for Mesa to purchase the assets at the end of the lease in March 2024. As disclosed with its first quarter fiscal 2024 earnings release, Mesa reached an agree

ENGLEWOOD, Colo., June 5, 2024 /PRNewswire/ -- XTI Aerospace, Inc. (NASDAQ:XTIA) ("XTI Aerospace" or the "Company") today announced that Mesa Air Group, Inc. ("Mesa") (NASDAQ:MESA) ("Mesa"), the holding company of regional air carrier Mesa Airlines, is the purchaser under a previously disclosed conditional purchase order with XTI Aircraft Company ("XTI"), a wholly-owned subsidiary of the Company, for up to 100 TriFan 600 aircraft, a fixed-wing, vertical lift crossover airplane (VLCA), which is currently in development. If all conditions are met and the order is fully exercised, it could represent up to approximately $1 billion in revenue for XTI Aerospace. XTI Aerospace also announced that M

PHOENIX, June 05, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today provided additional detail around its holdings in XTI Aerospace, Inc. ("XTI Aerospace"), which is developing the TriFan 600, a unique, fixed-wing vertical lift crossover airplane (VLCA) that can take off and land like a helicopter and is configurable to transport up to six passengers. XTI Aerospace began publicly trading on the Nasdaq (symbol: XTIA) on March 13, 2024, following the closing of the merger between XTI Aircraft Company ("XTI") and Inpixon, a provider of real-time location systems, on March 12, 2024 (the "Merger"). In connection with the closing of the Merger, Mesa

PHOENIX, June 05, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ:MESA) ("Mesa" or the "Company") today announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("NASDAQ") informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). On November 3, 2023, NASDAQ notified Mesa that the closing bid price of the Company's common stock had not met the Minimum Bid Price Requirement of $1.00 per share for 30 consecutive business days. In response, Mesa was tasked with maintaining a closing bid price of $1.00

PHOENIX, May 20, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today reported first quarter fiscal 2024 financial and operating results. First Quarter Fiscal 2024 Update: Total operating revenues of $118.8 millionPre-tax loss of $57.0 million, net loss of $57.9 million or $(1.41) per diluted shareAdjusted net loss1 of $21.8 million2 or $(0.53) per diluted shareAdjusted EBITDAR1 of $6.3 millionBlock hours of 46,658, an approximate 5% increase over fourth quarter fiscal 2023Paid down $39.2 million of debt during quarter with surplus CRJ asset sale proceeds Developments Subsequent to Quarter End: As announced in January 2024, United Airlines agreed

PHOENIX, May 17, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ:MESA) ("Mesa" or the "Company") today announced that it received a notice ("Notice") on May 16, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") because the Company failed to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2024 (the "Form 10-Q") with the Securities and Exchange Commission. The filing delay is not the result of a forthcoming restatement of the Company's financial statements or any disagreement with the Company's auditors. The Notic

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4/A - MESA AIR GROUP INC (0000810332) (Issuer)

4 - MESA AIR GROUP INC (0000810332) (Issuer)

4 - MESA AIR GROUP INC (0000810332) (Issuer)

Raymond James downgraded Mesa Air Group from Outperform to Market Perform

BofA Securities downgraded Mesa Air from Buy to Neutral and set a new price target of $8.00 from $12.00 previously

Raymond James reiterated coverage of Mesa Air Group with a rating of Outperform and set a new price target of $12.50 from $13.00 previously

Deutsche Bank downgraded Mesa Air Group from Buy to Hold and set a new price target of $7.00 from $15.00 previously

Raymond James reiterated coverage of Mesa Air Group with a rating of Outperform and set a new price target of $13.00 from $14.00 previously

Deutsche Bank upgraded Mesa Air from Hold to Buy and set a new price target of $15.00

Deutsche Bank upgraded Mesa Air Group from Hold to Buy

Raymond James reiterated coverage of Mesa Air Group with a rating of Outperform and set a new price target of $14.00 from $10.00 previously

Deutsche Bank Aktiengesellschaft resumed coverage of Mesa Air Group with a rating of Hold and set a new price target of $15.00 from $10.00 previously

Deutsche Bank downgraded Mesa Air from Buy to Hold and set a new price target of $15.00

PHOENIX, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today reported fourth quarter and fiscal full-year 2023 financial and operating results. Fiscal Fourth Quarter Financial Update: Total operating revenues of $114.4 millionPre-tax loss of $31.3 million, net loss of $28.3 million or $(0.69) per diluted shareAdjusted net loss1 of $26.4 million2 or $(0.64) per diluted share Developments Subsequent to Fourth Quarter End: Entered into agreements with United Airlines for amendments to CPA and credit agreements Increased block-hour rates in CPA projected to generate approximately $63.5 million in incremental revenue over next twelv

PHOENIX, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) ("Mesa" or the "Company") today announced agreements with United Airlines ("United") to amend its capacity purchase agreement and certain credit agreements between the parties to significantly improve Mesa's operating income and liquidity over the next twelve months. The Company also issued an update on its efforts to sell excess CRJ-900 assets to reduce debt and bolster liquidity. United Agreements Highlights: Increased block-hour rate in United CPA, retroactive to October 1, 2023 through December 31, 2024, projected to generate approximately $63.5 million in incremental revenue over next twelve monthsExtingu

PHOENIX, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ:MESA) ("Mesa" or the "Company") 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 "2023 10-K") for the fiscal year ended September 30, 2023. Form 12b-25 will allow the Company an automatic extension of fifteen additional calendar days to file the 2023 10-K, which is due on December 14, 2023. In accordance with today's announcement, the Company is canceling its previously announced earnings release and call scheduled for after market close on December 14, 2023. The Company expects to file th

PHOENIX, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2023 fourth quarter and fiscal year end earnings after the market closes on Thursday, December 14th. The Company will also host a conference call to discuss the results on December 14th at 4:30 pm Eastern Time. The call can be accessed by dialing 800-857-9792 and entering the passcode: PHOENIX (7463649). There will also be a listen-only webcast on Mesa's website (found here). A recorded version will be available on Mesa's website approximately two hours after the call (http://investor.mesa-air.com). About Mesa Air Group, Inc. Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the hol

PHOENIX, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported third quarter fiscal 2023 financial and operating results. Fiscal Third Quarter Update: Total operating revenues of $114.7 millionPre-tax loss of $50.3 million, net loss of $47.6 million or $(1.17) per diluted shareAdjusted net loss1 of $27.2 million or $(0.67) per diluted shareAdjusted net loss excludes $21.2 million, primarily a $30.5 million impairment loss on assets Paid down $27 million of debt with engine sale proceeds Jonathan Ornstein, Chairman and CEO, said, "As expected, Fiscal 2023 has been a transformative year as we ended our agreement with American Airlines and transitioned all of

PHOENIX, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its third quarter earnings results for fiscal year 2023 after the market closes on Wednesday, August 9th. The company will also host a conference call to discuss the results on August 9th at 4:30 pm Eastern Time. The call can be accessed by dialing 800-857-9792 and entering the passcode: PHOENIX (7463649). There will also be a listen-only webcast on Mesa's website (found here). A recorded version will be available on Mesa's website approximately two hours after the call (http://investor.mesa-air.com). About Mesa Air Group, Inc.Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding

PHOENIX, May 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported second quarter fiscal 2023 financial and operating results. Fiscal Second Quarter Update: Total operating revenues of $121.8 millionPre-tax loss of $37.2 million, net loss of $35.1 million or $(0.88) per diluted shareAdjusted net loss1 of $21.3 million or $(0.53) per diluted shareAdjusted net loss excludes $13.8 million primarily related to impairment of assets held for saleInitiated CRJ-900 transition to United Airlines in March, with last American Airlines flight operated April 3rdExperiencing pilot attrition below pre-COVID levelsReduced debt by approximately $80 million primarily with proceed

PHOENIX, April 25, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its second quarter earnings results for fiscal year 2023 after the market closes on Tuesday, May 9th. The company will also host a conference call to discuss the results on May 9th at 4:30 pm Eastern Time. The call can be accessed by dialing 888-469-2054 and entering the passcode: PHOENIX (7463649). There will also be a listen-only webcast on Mesa's website (found here). A recorded version will be available on Mesa's website approximately two hours after the call (http://investor.mesa-air.com). About Mesa Air Group, Inc. Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding com

PHOENIX, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported first quarter fiscal 2023 financial and operating results. Fiscal First Quarter Update: Total operating revenues of $147.2 millionPre-tax loss of $10.0 million, net loss of $9.1 million or $(0.25) per diluted shareAdjusted net loss1 of $4.3 million or $(0.12) per diluted shareAdjusted net loss excludes a $3.7 million impairment related to intangible assets and $1.7 million related to investments in equity securitiesAs previously reported, closed on United Airlines, American Airlines, and aircraft-related transactionsSubsequent to quarter end, closed sale of 8 remaining CRJ-550s to Un

PHOENIX, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its first quarter earnings results for fiscal year 2023 after the market closes on Thursday, February 9th. The company will also host a conference call to discuss the results on February 9th at 4:30 pm Eastern Time. The call can be accessed by dialing 888-469-2054 and entering the passcode: PHOENIX (7463649). There will also be a listen-only webcast on Mesa's website (found here). A recorded version will be available on Mesa's website approximately two hours after the call (http://investor.mesa-air.com). About Mesa Air Group, Inc. Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the ho

Gainers Zoomcar Holdings (NASDAQ:ZCAR) stock moved upwards by 57.2% to $0.21 during Thursday's pre-market session. The company's market cap stands at $13.9 million. Mesa Air Gr (NASDAQ:MESA) shares moved upwards by 13.86% to $1.56. The company's market cap stands at $64.2 million. Dragonfly Energy Hldgs (NASDAQ:DFLI) shares rose 9.84% to $0.82. The market value of their outstanding shares is at $50.1 million. Aqua Metals (NASDAQ:AQMS) stock increased by 7.44% to $0.33. The market value of their outstanding shares is at $37.1 million. Caravelle Intl Gr (NASDAQ:CACO) shares moved upwards by 7.16% to $0.47. The company's market cap stands at $24.9 million. Art's-Way Manufacturing (NASDAQ:

These actions are the result of significantly reduced attrition among Mesa's active pilot workforce. The Company currently anticipates this will save approximately $750,000 per month in operating expenses. "Based on our current outlook, we anticipate starting to recall pilots by the end of the year. Additionally, once our pilot pipeline has recalibrated, we will resume hiring pilot trainees based on anticipated attrition levels."

Gainers Mesa Air Gr (NASDAQ:MESA) shares increased by 39.8% to $1.58 during Wednesday's regular session. The company's market cap stands at $64.6 million. As per the news, the Q2 earnings report came out yesterday. Desktop Metal (NYSE:DM) stock rose 35.24% to $4.95. The company's market cap stands at $163.5 million. ShiftPixy (NASDAQ:PIXY) stock rose 28.34% to $2.4. The company's market cap stands at $16.2 million. Nano Nuclear Energy (NASDAQ:NNE) shares moved upwards by 22.74% to $11.55. The company's market cap stands at $334.4 million. Professional Diversity (NASDAQ:IPDN) stock rose 19.59% to $0.71. The market value of their outstanding shares is at $8.2 million. Li-Cycle Holdings (

Gainers Mesa Air Gr (NASDAQ:MESA) stock rose 24.8% to $1.41 during Wednesday's pre-market session. The market value of their outstanding shares is at $57.7 million. As per the news, the Q2 earnings report came out yesterday. Greenwave Tech Solns (NASDAQ:GWAV) stock increased by 15.67% to $2.14. The company's market cap stands at $27.2 million. Expion360 (NASDAQ:XPON) shares moved upwards by 13.39% to $1.27. The company's market cap stands at $9.4 million. noco-noco (NASDAQ:NCNC) stock moved upwards by 10.98% to $0.2. The company's market cap stands at $27.0 million. Energy Focus (NASDAQ:EFOI) stock moved upwards by 10.85% to $1.94. The market value of their outstanding shares is at $9.1

Shares of Quantum Corporation (NASDAQ:QMCO) fell sharply during Tuesday's session after the company reported worse-than-expected FY24 financial results and issued FY25 guidance below estimates. Quantum shares dipped 44.5% to $0.43 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Reliance Global Group, Inc. (NASDAQ:RELI) shares jumped 350% to $1.00 after the company issued an update on the pending acquisition of Spetner Associates. NLS Pharmaceutics AG (NASDAQ:NLSP) shares rose 166% to $0.3930 after jumping 30% on Monday. Actelis Networks, Inc. (NASDAQ:ASNS) climbed 80.9% to $2.08 after the company announced a partnership with Carahsoft Tech

Gainers Mesa Air Gr (NASDAQ:MESA) stock increased by 32.3% to $1.5 during Tuesday's regular session. The company's market cap stands at $61.2 million. As per the press release, Q2 earnings came out today. Professional Diversity (NASDAQ:IPDN) stock rose 25.25% to $0.74. The market value of their outstanding shares is at $8.6 million. ShiftPixy (NASDAQ:PIXY) shares moved upwards by 21.22% to $2.27. The market value of their outstanding shares is at $15.3 million. Nano Nuclear Energy (NASDAQ:NNE) shares moved upwards by 15.03% to $10.82. The company's market cap stands at $313.4 million. Li-Cycle Holdings (NYSE:LICY) shares rose 13.36% to $5.26. The market value of their outstanding shares

Gainers Mesa Air Gr (NASDAQ:MESA) stock increased by 16.8% to $1.32 during Tuesday's pre-market session. The company's market cap stands at $54.0 million. Energy Focus (NASDAQ:EFOI) stock moved upwards by 10.85% to $1.94. The market value of their outstanding shares is at $9.1 million. Greenwave Tech Solns (NASDAQ:GWAV) stock increased by 9.72% to $2.03. The company's market cap stands at $25.8 million. Simpple (NASDAQ:SPPL) stock rose 7.91% to $0.68. The company's market cap stands at $11.0 million. AgEagle Aerial Sys (AMEX:UAVS) stock increased by 5.8% to $0.56. The company's market cap stands at $6.6 million. SOS (NYSE:SOS) shares increased by 5.2% to $0.82. The market value of thei

Mesa Air Gr (NASDAQ:MESA) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $(0.11) by 236.36 percent. This is a 128.3 percent increase over losses of $(0.53) per share from the same period last year. The company reported quarterly sales of $131.582 million which missed the analyst consensus estimate of $135.000 million by 2.53 percent. This is a 8.00 percent increase over sales of $121.834 million the same period last year.