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Low fare airlines are back in focus, including several penny stocks today. The excitement comes after JetBlue Airways ( NASDAQ: JBLU ) turned up the heat on its takeover bid of Spirit Airlines ( NYSE: SAVE ). You may recall the move by JetBlue earlier this year as the company lo...
Rapid increases in airfares are hurting airline stocks on Thursday, with particular impact on low-cost carriers. The latest CPI print added to concerns that inflation is showing no signs of abating. For airfares, this concern was especially elevated. For the month of April, fares rose 1...
PHOENIX, May 12, 2022 (GLOBE NEWSWIRE) -- Mesa Airlines (NASDAQ: MESA) today announced that it will provide an audio webcast of a virtual Fireside Chat with Torque Zubeck, Mesa’s Chief Financial Officer, at BofA Securities’ 29th Annual Transportation, Airlines and Industrials ...
Airline fares accelerated in April with a 33.3% gain from a year ago on an unadjusted basis and a 18.6% jump from a month ago on an adjusted basis. The 18.6% M/M jump in April followed a 10.7% jump in March and 5.2% increase in February as higher jet fuel prices and other inflation pressures ...
Mesa Air Group, Inc. (MESA) Q2 2022 Earnings Conference Call May 09, 2022, 16:30 ET Company Participants Susan Donofrio - Head, IR Jonathan Ornstein - Chairman & CEO Bradford Rich - EVP & COO Torque Zubeck - CFO Michael Lotz - President Conference Call Participants Savi Syth - Raymond...
Mesa Air press release (NASDAQ:MESA): Q2 Non-GAAP EPS of -$0.29 beats by $0.04. Adjusted net loss excludes a $39.5 million (pre-tax) non-cash charge related to 12 CRJ aircraft held for sale. Revenue of $123.21M (+26.7% Y/Y) misses by $3.92M. Shares -7.32%. For further details see: Mesa ...
PHOENIX, May 09, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported second quarter fiscal 2022 financial and operating results. Financial Summary Q2: Pre-tax loss of $55.2 million, net loss of $42.8 million or $(1.19) per diluted share. ...
Airline bookings growth improved in the U.S. as strong pricing trends offset a slight deceleration in volume. System net sales improved modestly this week to down -9.9% compared to the level seen in 2019 for the week ending April 24, per tracking data from Bank of America. That mark compares ...
Invest in what you know; that’s a well-known and straightforward strategy some use to find stocks to buy. The idea is that if you purchase something frequently, you might want to invest in that store’s stock. If you fly a particular airline because you enjoy the product, you m...
PHOENIX, April 21, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its second quarter earnings results for fiscal year 2022 after the market closes on Monday, May 9 th . The company will also host a conference call to discuss the results on May 9...
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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,...