MESA Oct 2024 0.500 call
- GlobeNewswire
Mesa Announces Action to Balance Pilot Supply
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 mon
- GlobeNewswire
Mesa Air Group Reports Second Quarter Fiscal 2024 Results
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 Upda
- GlobeNewswire
Mesa Provides Update on RASPRO Surplus CRJ Asset Transactions
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 le
