MESA News and Press, Mesa Air Group Inc. From 09/13/21

Airline booking trends have stabilized after an uneven stretch that saw deceleration amid concerns over the Delta COVID variant, according to the latest report from Bank of America. System sales were down 62.0% and domestic volume was off 29.9% compared to 2019 levels, which is noted to be ri...

PHOENIX, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for August 2021. Mesa Airlines reported 32,501 block hours in August 2021, a 73.4 percent increase from August 2020&...

Airline stocks are on watch after a wave of guidance cuts arrived in this morning. Southwest Airlines (NYSE:LUV), United Airlines (NASDAQ:UAL), JetBlue (NASDAQ:JBLU), American Airlines (NASDAQ:AAL) and Delta Air Lines (NYSE:DAL) have all guided for lower Q3 revenue and capacity due to softer ...

Bank of America reports airline tickets sales for the week ending August 29 improved to -51.9% the 2019 level from -61.5% for the week prior. The firm notes that a slight shift in the Labor Day holiday and the impact of Hurricane Dorian in 2019 impacted the comparison. "When we compare net sa...

Since the stock is down 53% from its March highs, it is interesting taking a deeper look at the fundamentals. The company has been affected by the COVID-19 pandemic, but managed to stay profitable and showed resilience. There are interesting growth opportunities embedded in the bu...

PHOENIX, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, parent company of Mesa Airlines, Inc. (NASDAQ: MESA), today announced that Jonathan Ornstein, Chairman and CEO, Mesa Airlines, will participate in a Fireside Chat at Cowen’s 14th Annual Global Transportation & Sustainabl...

Bank of America runs a valuation check on U.S. airline stocks with August in the books. The sector underperformed the S&P 500 Index for the 3rd straight month amid Delta COVID concerns and with labor issues impacting certain carriers. The firm notes that 70% of airline stocks still trade ...

The airline industry recovery took another step back with system sales decelerating for the fifth straight week. Sales were down 61.5% vs. 2019 for the week ending August 22 vs. -58.9% last week, per tracking by Bank of America. BofA notes some stabilization in demand as domestic and internat...

Airline bookings for U.S. carriers decelerated for the fourth straight week with a significant step back to down -58.9% vs 2019 for the week ending August 15, per data from Bank of America. That is a notable drop from the -53.8% pace in the prior week and the worst level since the middle part...

Bank of America reports that U.S. airline bookings decelerated for the third straight week. System sales were down 53.8% in comparison to the level of 2019 for the week that ended on August 8th vs. -51.9% in the week prior. The firm notes that Southwest Airlines (NYSE:LUV) and JetBlue (NASDAQ...