MESA News and Press, Mesa Air Group Inc. From 05/05/21

Mesa Air has survived the pandemic and in many ways is emerging stronger than before by taking advantage of government assistance. The balance sheet is less leveraged than before the pandemic, and revenues should continue to bounce back as the country progresses towards full reopening...

Bank of America says airline system sales fell -64.1% for the week ending April 18 vs. the level seen for the same week in 2019. That marks a sequential improvement from the -66.3% and -69.8% levels of the prior two weeks. The firm notes that domestic leisure continues its strong run with dom...

The stock market took a hit on Tuesday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) wasn't able to avoid the downdraft. As of 3:30 p.m. EDT, the Nasdaq was down more than 1% on the day. Most Nasdaq investors focus their attention on innovative tech companies, because they ...

Airlines stocks trade lower after United Airlines UAL disappoints with its Q1 results and guidance update. The airline expects capacity to be down 45% Y/Y in Q2 and revenue per available seat mile to be down 20% to mark sequential improvement. Positive comments by UAL on domestic bookings and...

PHOENIX, April 19, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its second quarter earnings for fiscal year 2021 after the market closes on Monday, May 10. The company will also host a conference call to discuss the results on May 10th a...

Mesa Air Group (MESA) reports 28,127 block hours in March 2021, -15.9% Y/Y, and +37.5% M/M.For fiscal Q2 2021 ending March 31, total block hours dropped 31.7% Y/Y to 73,942, well below the guidance of 76,000.March Departures were 13,502, +41.1% M/M and, a decline of 21.1% from prior year.FQ2 ...

PHOENIX, April 12, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for March 2021. Mesa Airlines reported 28,127 block hours in March 2021, a 15.9 percent drop from March 2020 as a result of re...

The aviation sector has been recovering gradually from COVID-19-pandemic-led business disruption thanks to accelerated mass vaccinations and rising consumer spending. With increasing demand for leisure travel, SkyWest (SKYW) and Mesa Air Group (MESA) are expected to generate big returns in th...

Frontier Group Holdings (ULCC) begins trading at $18.61 after the airline company's IPO was priced at $19. In the first ten minutes of trading, shares have ranged from $18.26 to $19.01. Frontier is the second airline IPO of the year after Sun Country Airlines ([[SNCY]] -0.8%) stepped out last...

British airline stocks Jet2 (DRTGF) and easyJet (EJTTF) are both down about 3% in London trading after the U.K. government warns that COVID-19 cases could restrict travel this summer. Social care minister Helen Whately asked people not to book their summer vacations just yet due to the risk o...