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Mesa Air Group Inc. - MESA STOCK NEWS

Welcome to our dedicated news page for Mesa Air Group (Ticker: MESA), a resource for investors and traders seeking the latest updates and insights on Mesa Air Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mesa Air Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mesa Air Group's position in the market.

News
Mesa Air Group Discloses Notice from Nasdaq
Rhea-AI Summary
Mesa Air Group, Inc. (MESA) received a notice from Nasdaq regarding non-compliance with filing its Quarterly Report on Form 10-Q. The company has 60 days to submit a compliance plan and aims to regain compliance by August 12, 2024.
Rhea-AI Impact
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End-of-Day
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Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2023 Results
Rhea-AI Summary
Mesa Air Group, Inc. (NASDAQ: MESA) reported a pre-tax loss of $31.3 million and a net loss of $28.3 million for the fiscal fourth quarter of 2023. The company entered into agreements with United Airlines for amendments to CPA and credit agreements, increased block-hour rates, and sold excess CRJ-900 aircraft and related engines for combined gross proceeds of $198.0 million. The total operating revenues for fiscal full-year 2023 were $498.1 million, a decrease of $32.9 million from the previous year. Mesa's fiscal full-year 2023 adjusted net loss was $79.5 million, compared to an adjusted net loss of $40.2 million in fiscal full-year 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.48%
Tags
earnings
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Mesa Air Group Enters New Agreements with United Airlines for Improved Operating and Financing Terms and Provides Update on CRJ-900 Asset Sale Program
Rhea-AI Summary
Mesa Air Group, Inc. (MESA) announced agreements with United Airlines to amend its capacity purchase agreement and certain credit agreements to improve operating income and liquidity. The company also provided an update on its efforts to sell excess CRJ-900 assets to reduce debt and bolster liquidity. The agreements with United are projected to generate approximately $63.5 million in incremental revenue over the next twelve months. The company has sold or entered into agreements to sell excess CRJ-900 aircraft and related engines for combined gross proceeds of $198.0 million, which will be used to pay down $174.3 million in debt. Mesa expects the completion of CRJ-related asset sale agreements and scheduled principal repayments through Q4 2024 to reduce total debt by an additional $225.4 million, for a projected total debt balance of $310.3 million at fiscal year end.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
50%
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News
Mesa Air Group Discloses Notice from Nasdaq
Rhea-AI Summary
Mesa Air Group, Inc. (NASDAQ: MESA) received a notice from Nasdaq stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to a filing delay of its Annual Report on Form 10-K for the period ended September 30, 2023. The company has 60 days to submit a plan to regain compliance, with a potential extension of up to 180 days if the plan is accepted. The delay is not due to financial restatements or disagreements with auditors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.71%
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Mesa Air Group Announces Intent to File Form 12b-25 and Delay Its Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call
Rhea-AI Summary
Mesa Air Group, Inc. (NASDAQ: MESA) has announced the filing of a Form 12b-25 for an automatic extension of fifteen additional calendar days to file its 2023 10-K report. The company has canceled its previously announced earnings release and call scheduled for December 14, 2023, and expects to file the 2023 10-K no later than December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.73%
Tags
earnings
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Mesa Air Group Announces Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call Date
Rhea-AI Summary
Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2023 fourth quarter and fiscal year end earnings on December 14th. A conference call to discuss the results will be held 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. A recorded version will be available on Mesa’s website approximately two hours after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
earnings
News
Mesa Airlines Launches Independent Pilot Time Building Program for Aspiring Pilots
Rhea-AI Summary
Mesa Airlines announces launch of Independent Pilot Development program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.1%
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Mesa Airlines Launches $20,000 Direct-Entry Captain Referral Incentive Available to Anyone
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
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Mesa Air Group Reports Third Quarter Fiscal 2023 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.77%
Tags
earnings
News
Mesa Air Group Announces Third Fiscal Quarter 2023 Earnings Release and Conference Call Date
Rhea-AI Summary
Mesa Air Group, Inc. (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. Investors and analysts can access the call and webcast through the provided details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
earnings
Stock MESA logo
Mesa Air Group Inc.

Nasdaq:MESA

MESA Rankings

#4886 Ranked by Market Cap
#4975 Ranked by Stock Gains
N/A Ranked by Dividends

MESA Stock Data

33.57M
32.08M
21.75%
13.4%
4.99%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
US
Phoenix

About MESA

a multiple-time recipient of air transport world’s regional airline of the year award, phoenix-based mesa airlines operates as american eagle from hubs in phoenix and dallas/fort worth and as united express from washington dulles and houston. founded on a mesa in new mexico in 1982 by larry and janie risley, mesa currently operates 133 large regional jets and more than 620 daily system departures to 100 cities, 44 states, the district of columbia, canada and mexico. the company has approximately 2,800 employees and plans to hire an additional 1,000 in the next two years. visit our website at www.mesa-air.com