MESA News and Press, Mesa Air Group Inc. From 04/25/23

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 Ea...

2023-04-10 06:37:05 ET Summary My Q1 FY 2023 total returns was +18.8% vs. +2.8% for the Russell 2000. One of my top Buy and Hold positions, TravelCenters of America, was bought out by BP p.l.c., and this was a big positive driver of the outperformance. I discuss the Second Win...

2023-04-04 07:18:26 ET Summary Air Wisconsin, due to its name and limited visibility, is flying under the radar. Company results looked somewhat boring but better than those seen by some peers. Boring is good in this case. A ramp-up in activity indicates that revenues might be...

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...