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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...
The U.S. airline sector appears to be setting up for another rocky trading session. On the macro front, airline fares were reported to have fallen back 0.1% in July from the previous month, according to data from the U.S. Bureau of Labor Statistics. The average fare was still up 19.0% from th...
PHOENIX, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for July 2021. Mesa Airlines reported 32,843 block hours in July 2021, a 92.1 percent increase from July 2020 as a...
Shares of Mesa Air Group (NASDAQ: MESA) fell 10% on Tuesday following the regional airline company's earnings release. The company is seeing stronger demand for its services, but maintenance issues and spare part shortages are restraining growth for the time being. Mesa earned $...
Mesa Air Group, Inc. (MESA) Q3 2021 Earnings Conference Call August 9, 2021 16:30 ET Company Participants Susan Donofrio - Head, Investor Relations Jonathan Ornstein - Chairman and Chief Executive Officer Brad Rich - Executive Vice President and Chief Operating Officer Michael Lotz - Presiden...
PHOENIX, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported third quarter fiscal 2021 financial and operating results. Highlights for the quarter (3-months ended June 30, 2021): Pre-tax income of $5.8 million, net income of $...
U.S. airline stocks are lower across the board as investors react to the double whammy of COVID-19 developments and staffing issues in the industry. UBS reports that booking trends are still strong, although corporate and OTA worsened a bit for September in a development that is worth watchin...
Mesa Air (NASDAQ:MESA) is scheduled to announce FQ3 earnings results on Monday, August 9th, after market close. The consensus EPS Estimate is $0.10 (flat Y/Y) and the consensus Revenue Estimate is $131.4M (+79.8% Y/Y). Over the last 1 year, MESA has beaten EPS estimates 75% of the time and ha...
Airline stocks are jetting higher with all 13 publicly-traded U.S. carriers in positive territory on the day. Investors are focusing a little bit more on earnings reports from consumer companies and conference call updates than the latest Delta COVID-19 tallies. MKM Partner chief market techn...
naphtalina/iStock via Getty Images Tuesday's session saw stocks bounce back from Monday's COVID-related decline. The rebound was led in part by the sector most endangered by a lingering pandemic: leisure and airline stocks. Mesa Air Group (MESA), SkyWest (SKYW), American Airlines (AAL) and Su...
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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...
A look at the top 10 most actives in the United States Reliance Global Group Inc. (RELI) rose 76.2% to $0.3911 on volume of 383,719,808 shares NLS Pharmaceutics Ltd. (NLSP) rose 82.1% to $0.2701 on volume of 302,290,803 shares NVIDIA Corporation (NVDA) rose 3.5% to $135.58 on volume of 28...
A look at the top 10 most actives in the United States NLS Pharmaceutics Ltd. (NLSP) rose 156.2% to $0.38 on volume of 125,047,059 shares Reliance Global Group Inc. (RELI) rose 210.8% to $0.69 on volume of 110,427,102 shares Mustang Bio Inc. (MBIO) rose 53.3% to $1.15 on volume of 87,727,...