MESA News and Press, Mesa Air Group Inc. From 10/12/20

Unlike any other airline I know of, MESA remained profitable even during the worst COVID quarter. I expect MESA to continue being profitable with free cash flow of $1.30-2.00 a share or 30-50% FCF yield. The profitability isn't tied to government airline relief, and even if Americ...

PHOENIX, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for September 2020. Mesa Airlines reported 21,780 block hours in September 2020, a 40.3 percent drop from September 2019 as a r...

Gainers: India Globalization Capital (IGC) +29%. Mesa Air Group (MESA) +15%. Matson (MATX) +15%. Eastman Kodak (KODK) +14%. Bloom Energy (BE) +12%.Losers: ShiftPixy (PIXY) -25%. Pioneer Power Solutions (PPSI) -12%. CVD Equipment (CVV) -10%. Aqua Metals (AQMS) -10%. DPW Hol...

Gainers: BIO-key International (BKYI) +40%. FuelCell Energy (FCEL) +13%. Navios Maritime Containers (NMCI) +11%. Danaos (DAC) +10%. Mesa Air Group (MESA) +9%.Losers: Ocean Power Technologies (OPTT) -26%. Pioneer Power Solutions (PPSI) -22%. Professional Diversity Network (...

As per the previously announced agreement to operate two Boeing 737-400F aircraft on behalf of DHL for a five-year term, Mesa Air Group (MESA) operated its first revenue cargo flight from Cincinnati/Northern Kentucky International Airport.The second aircraft is scheduled to enter service in N...

PHOENIX, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) Monday operated its first revenue cargo flight for DHL Express from its crew and maintenance base at Cincinnati/Northern Kentucky International Airport. Mesa Airlines is the first regional airline...

The airline sector is on watch after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin met yesterday to discuss the possibility of standalone legislation of as much as $25B for cash-strapped carriers.Pelosi and Mnuchin plan to talk again today amid what is considered broad bipa...

President Trump tweets that the House and Senate should "immediately" approve $25B for airline payroll support and $135B for the Paycheck Protection Program for Small Business. "Both of these will be fully paid for with unused funds from the Cares Act. Have this money. I will sign now," he ad...

Airline stocks turned lower after President Trump called off COVID-19 stimulus talks until after election.The break lower is keeping with the recent trend of the sector to react closely to stimulus developments. The delay will also mean more pressure for airline companies to cut costs with mo...

In agreement with its pilots, Mesa Air Group ([[MESA]] +2.1%) will avoid furloughing any employee for the remainder of 2020.The company remains hopeful Congress will extend the Payroll Support Program to further protect its employees in case the pandemic continues to have a negative impact on...