Mesa Air Group Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Phoenix, feb. 23, 2024 (globe newswire) -- mesa air group, inc. (nasdaq: mesa) (“mesa” or the “company”) today announced that it received a notice (“notice”) on february 21, 2024 from the listing qualifications department of the nasdaq stock market (“nasdaq”) stating that the company is not in compliance with nasdaq listing rule 5250(c)(1) (the “listing rule”) because the company failed to timely file its quarterly report on form 10-q for the period ended december 31, 2023 (the “form 10-q”) with the securities and exchange commission. the filing delay is not the result of a forthcoming restatement of the company's financial statements or any disagreement with the company's auditors.

Phoenix, jan. 26, 2024 (globe newswire) -- mesa air group, inc. (nasdaq: mesa) (“mesa” or the “company”) today reported fourth quarter and fiscal full-year 2023 financial and operating results.

Phoenix, jan. 18, 2024 (globe newswire) -- mesa air group, inc. (nasdaq: mesa) (“mesa” or the “company”) today announced agreements with united airlines (“united”) to amend its capacity purchase agreement and certain credit agreements between the parties to significantly improve mesa's operating income and liquidity over the next twelve months. the company also issued an update on its efforts to sell excess crj-900 assets to reduce debt and bolster liquidity.

Phoenix, jan. 09, 2024 (globe newswire) -- mesa air group, inc. (nasdaq: mesa) (“mesa” or the “company”) today announced that it received a notice (“notice”) on january 4, 2024 from the listing qualifications department of the nasdaq stock market (“nasdaq”) stating that the company is not in compliance with nasdaq listing rule 5250(c)(1) (the “listing rule”) because the company failed to timely file its annual report on form 10-k for the period ended september 30, 2023 (the “form 10-k”) with the securities and exchange commission. the filing delay is not the result of a forthcoming restatement of the company's financial statements or any disagreement with the company's auditors.

Phoenix, dec. 14, 2023 (globe newswire) -- mesa air group, inc. (nasdaq: mesa) (“mesa” or the “company”) today announced that it will file a form 12b-25, notification of late filing, with the u.s. securities and exchange commission with regard to its annual report on form 10-k (the “2023 10-k”) for the fiscal year ended september 30, 2023. form 12b-25 will allow the company an automatic extension of fifteen additional calendar days to file the 2023 10-k, which is due on december 14, 2023.

When travelers and investors think about the airline industry, their attention remains captivated by big names like United Airlines (NASDAQ: UAL ) or Delta (NYSE: DAL ). After all, these airlines operate the most exciting routes and aircraft, with flashy first-class amenities and branded credit cards.

Dave Portnoy's tweets about being long on Spirit Airlines may spark a short squeeze. The fundamentals of SAVE, including its high debt load, make it a risky investment at $7 or $8 per share. Mesa Airlines offers a better risk/return profile for those looking to play an airline turnaround.

Mesa Air (NASDAQ: MESA ) stock is flying higher on Friday after the air carrier passenger scheduling services company announced an agreement with United Airlines (NASDAQ: UAL ). The new deal between Mesa Air and United Airlines amends the capacity purchase agreement and certain credit agreements between the two.

Mesa Air Group's shares jumped close 70% in Friday premarket trade after it announced a revised deal with United Airlines Holdings Inc (NASDAQ:UAL) that will boost revenue and improve liquidity at the struggling company.   The Phoenix, Arizona-based holding company for regional carrier Mesa Airlines also issued an update on its efforts to sell excess CRJ-900 aircraft and engines to reduce its debt and bolster liquidity.

Mesa Air Group, Inc. MESA, -3.42% said Thursday it plans to file a notification of a late filing for its annual report for the fiscal year ended Sept. 30. The filing will provide it with an automatic 15-day extension to release its 2023 10-K annual report.

PHOENIX, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today announced that it will file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission with regard to its annual report on Form 10-K (the “2023 10-K”) for the fiscal year ended September 30, 2023. Form 12b-25 will allow the Company an automatic extension of fifteen additional calendar days to file the 2023 10-K, which is due on December 14, 2023.

PHOENIX, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2023 fourth quarter and fiscal year end earnings after the market closes on Thursday, December 14th. The Company will also host a conference call to discuss the results on December 14th at 4:30 pm Eastern Time.

Airline stocks are particularly weak at the moment. Recession fears are spiking again as rate concerns increase, threatening spending overall along with travel in the process.

The airline industry has been flying high since 2022, thanks to the post-pandemic “revenge travel” trend, but after a rare period of strong operating and stock price performance, now may be the right time to consider what are the airline stocks to sell. Since July, shares in legacy and budget carrier alike have plunged, as soaring labor and fuel costs point to greater uncertainty over future results.

Mesa Air Group has experienced a significant decline in stock value due to continued pilot shortages and a transition period. The company is still losing money despite transitioning to a profitable agreement with United Airlines. Mesa Air Group is focused on reducing debt and improving liquidity through the sale of aircraft and engines.