MESA News and Press, Mesa Air Group Inc. From 04/03/23

2023-04-03 13:58:04 ET Summary SkyWest stock is cheaper than every major competitor, according to nearly all relevant valuation metrics. The regional airline is dominant and has a strong competitive advantage in 5 key ways. Opportunities created by the pandemic have opened up ...

2023-04-03 12:06:18 ET Airline stocks traded lower on Monday in reaction to the surprise production cut announced over the weekend by major oil producers in the OPEC+ group. Saudi Arabia, the top producer in the group that includes Russia, will cut 500K barrels per day . The total n...

2023-03-31 12:31:15 ET Summary Mesa Airlines shows topline stability despite 40% reduction in compensated block hours. The road to recovery is long for Mesa Air Group, but there are some tailwinds that will manifest within six months. I am cautiously optimistic on the prospect...

2023-03-27 08:27:05 ET One of the first indications of possible weakening of airline demand arrived on Monday. U.S. airline bookings fell -3.0% vs. 2019 for the week that ended on March 19 to worsen from the -1.2% pre-pandemic comparison for the prior week, per credit and debit card dat...

2023-03-15 14:55:22 ET Delta Air Lines ( NYSE: DAL ) fell over 7% on Wednesday, leading a dip for airline stocks amid a spate of earnings updates and general jitters emanating from the financial sector. The Atlanta-based airline provided a Q1 forecast ref...

2023-03-13 16:19:23 ET Market turmoil appeared to weigh on the airline sector as the sector ( NYSEARCA: JETS ) -3.71% declined sharply on Monday. The implications of bank failures are important for the industry that has counted on a steady return to pre-pandemic ...

2023-03-06 15:54:13 ET The FAA paused traffic at both Jacksonville and Miami airports amid a traffic control issue on Monday afternoon, according to a safety notice. The notice indicated that both airports were “heavily impacted” by a radar issue, causing a gro...

Mesa Air Group, Inc. (MESA) Q1 2023 Earnings Conference Call February 09, 2023 04:30 PM ET Company Participants Doug Cooper - Head, IR Jonathan Ornstein - Chairman and CEO Brad Rich - EVP and COO Torque Zubeck - CFO Michael Lotz - President Conference Cal...

Mesa Air press release ( NASDAQ: MESA ): Q1 Non-GAAP EPS of -$0.12 beats by $0.41 . Revenue of $147.2M (-0.4% Y/Y) beats by $23.28M . Mesa’s Adjusted EBITDA for Q1 2023 was $21.8 million, compared to $17.0 million in Q1 2022, and Adjusted EBITDAR 1 wa...

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 million Pre-tax loss of $10.0 million, net l...