MESA News and Press, Mesa Air Group Inc. From 03/04/21

Airline stocks are down sharply as broad selling pressure in the market sweeps over the sensitive sector. Mesa Air ([[MESA]] -17.6%) is one of biggest decliners in the group after a Deutsche Bank downgrade. Other names trading weak include United Airlines ([[UAL]] -7.0%), Spirit Airlines ([[S...

Mesa Air ([[MESA]] -15.1%) is down sharply after Deutsche Bank clips its wings with a cut to a Hold rating from Buy. The call was tied largely to valuation after shares of Mesa ran up more than 100% in a month. DB assigns a price target of $15 to Mesa, which works out to 12X the FY23 EPS esti...

Gainers: DIRTT Environmental Solutions (DRTT) +13%. Mesa Air Group (MESA) +10%. Navios Maritime Containers (NMCI) +10%. R. R. Donnelley & Sons (RRD) +9%. Navios Maritime Partners (NMM) +8%.Losers: Code Chain New Continent (CCNC) -13%. Huttig Building Products (HBP) -10%. JELD-WE...

Mesa Air (MESA) entered into a conditional agreement with London-based Gramercy Associates to develop a European based joint venture.JV will apply for a new Air Operator's Certificate ((AOC)) in the European Union using CRJ-900 aircraft with the goal of introducing a Capacity Purchase Agreeme...

PHOENIX, March 02, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced it has entered into a conditional agreement with Gramercy Associates Ltd. based in London, England to develop a European based joint venture. The joint venture will apply for a new Air ...

Mesa Air Group (MESA) is the best-performing stock in the airline industry. This is impressive considering the entire sector has been very strong in recent weeks due to increased optimism of the economy's reopening. Mesa Air...

PHOENIX, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced it signed a letter of intent to lease an additional Boeing 737-400F cargo aircraft currently planned to be available in May 2021. The company currently operates two 737-400F aircraft for...

The Biden Administration is being lobbied by U.S airlines and renewables companies to back a big increase in subsidies for lower-carbon aviation fuel.The argument is being made by industry groups that new incentives are needed to help fight climate change. The support could also help in the r...

PHOENIX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today named Torque Zubeck as its new Senior Vice President of Finance. Zubeck brings 20 years of industry experience and will help oversee the company's financials and report directly to President and C...

PHOENIX, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for January 2021. Mesa Airlines reported 25,359 block hours in January 2021, a 33.8 percent drop from January 2020 as a result ...