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Mesa Air Group is experiencing the bitter reality of being a regional airline. Airline has 200 pilots in training, but between each pilot leaving and coming in there is a 74-day gap. Absent of pilot shortages, regional airlines with fuel cost pass through would provide superior in...
Bank of America said in its latest report on the airline industry that is has yet to see any cracks in airline bookings, despite investors being concerned about a potential slowdown post peak summer travel. Notably, international volume crossed above the 2019 level for the first time since th...
Air fares in the U.S. soared 37.8% in May against a soft comparable to a year ago when travel was just starting to pick up again following the vaccination push in the U.S. On a month-to-month comparison, air fares were up 12.6% in May after rising 18.6% in April and 10.7% in March, according ...
Mesa Air Group (NASDAQ:MESA) said on Wednesday that effective immediately Mesa Airlines pilots participating in United's Aviate career development program are now able to earn service credit, and count prior service, towards their United transition for flying across all of Mesa's operati...
PHOENIX, June 08, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that effective immediately Mesa Airlines pilots participating in United’s Aviate career development program are now able to earn service credit, and count prior service, towards their Unite...
Airline stocks broke higher on Thursday after both Southwest Airlines (LUV +6.7%) and JetBlue Airways (JBLU +4.1%) lifted guidance. Southwest management noted the upward revision is primarily attributable to yield strength, which is more than offsetting the increase in fuel prices - while Jet...
In a repeat of late April’s trend, an optimistic outlook from United Airlines Holdings (NASDAQ:UAL +7.2%) is leading travel stocks higher on Tuesday. The air carrier provided an update in Tuesday’s pre-market hours, stating that an already rebounding demand picture h...
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 ...
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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,...