- 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.
- Several tailwinds are present including pent-up demand and increases in consumer spending in the short term and the general increase in air travel long term.
- Risks and uncertainties exist, and Mesa's history of underperforming the S&P 500 still makes this a speculative play.
For further details see:
Is It Worth Taking A Flier On Mesa Air?