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Mesa Air Group ([[MESA]] +17.0%) reports 44% decline to 20,457 block hours in February 2021.Controllable completion factor of 99.62% and 99.97% for its American and United operations.Block hours dropped 45% for American operations and 44.3% for United operations.Departures down 48.4% to 9,572...
PHOENIX, March 08, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for February 2021. Mesa Airlines reported 20,457 block hours in February 2021, a 44.0 percent drop from February 2020 as a res...
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...
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PHOENIX, July 02, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today announced the furlough of 12 pilots and training deferrals for 41 pilot trainees, effective July 12, 2024. These actions are the result of sig...
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