MESA News and Press, Mesa Air Group Inc. From 01/08/21

PHOENIX, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for December 2020. Mesa Airlines reported 25,933 block hours in December 2020, a 33.9 percent drop from December 2019 as a resu...

Airline stocks are lower even after the Transportation Security Administration screened over 1.3M passengers on Sunday to mark the most activity in the sector since the pandemic started.Despite the strong demand around the holidays, booking trends are expected to be weak for the next two mont...

Mesa Air Group is one of the very few airlines that managed to stay profitable this year despite the pandemic. Its unique business model is the main reason why its stock has quickly recovered from its March lows and it has every reason to appreciate even more. We’re long Me...

Mesa Air Group (MESA) amends its latest capacity purchase agreement with American Airlines (AAL) to add additional 5 CRJ-900 aircrafts by March, 2021. Under the new contract, the company initially finalized to operate 40 CRJ-900s for a five-year term through year-end 2025."We appreciate ...

PHOENIX, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it is amending its new Capacity Purchase Agreement with American Airlines. The amendment will see Mesa pick up flying at the beginning of 2021 over and above its new CPA levels, increas...

Mesa stock continues to be undervalued, and offers a great opportunity among airliners. Air traffic should start to normalize post the first quarter as vaccines roll out, and COVID-19 subsides, which in turn would help drive revenue back to historical levels. Cargo contracts shoul...

Mesa Air (MESA) reports 23,144 block hours in November 2020, a 38.2% drop from November 2019 due to reduced schedules amid COVID-19.Block hours declined 33% for American operations and 43% for United. Total YTD block hours fell 43.3% to 43,312. Controllable completion factor of 99.62% and 99....

PHOENIX, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for November 2020. Mesa Airlines reported 23,144 block hours in November 2020, a 38.2 percent drop from November 2019 as a resu...

Deutsche Bank turns cautious on the airline sector with sweeping downgrades across the sector. Downside risks seen for airlines include valuation resets, booking trends, COVID-19 cases, fuel price volatility, economic weakness, government regulation, taxation and airport constraints. The firm...

Mesa Air Group, Inc. (MESA) Q4 2020 Results Earnings Conference Call December 9, 2020, 4:30 PM ET Company Participants Jonathan Ornstein - Chairman and CEO Mike Lotz - President and CFO Brian Gillman - Executive VP and General Counsel Brad Rich - Chief Operating Officer Conference Call Partic...