Mesa Air Group

Mesa Air Group Discloses Notice from Nasdaq

Retrieved on:

Friday, February 23, 2024

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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.

Key Points:

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 Notice has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Global Select Market.
The Notice states that the Company has 60 calendar days from the date of the Notice, or April 22, 2024, to submit a plan to regain compliance with the Listing Rule.
This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2023 Results

Retrieved on:

Friday, January 26, 2024

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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.

Key Points:

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.
Fiscal Fourth Quarter Operating Performance:
Operationally, the Company reported a controllable completion factor of 99.5% for United during Q4 2023.
Mesa’s Adjusted EBITDA for fiscal full-year 2023 was $24.2 million, compared to $66.6 million in fiscal full-year 2022.
Mesa Air Group will not host a conference call to discuss fourth quarter and full-year 2023 results.

Mesa Air Group Discloses Notice from Nasdaq

Retrieved on:

Tuesday, January 9, 2024

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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.

Key Points:

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 Notice has no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Global Select Market.
The Notice states that the Company has 60 calendar days from the date of the Notice, or October 16, 2023, to submit a plan to regain compliance with the Listing Rule.
This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

Mesa Air Group Announces Intent to File Form 12b-25 and Delay Its Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

Retrieved on:

Thursday, December 14, 2023

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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.

Key Points:

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.
In accordance with today's announcement, the Company is canceling its previously announced earnings release and call scheduled for after market close on December 14, 2023.
The Company expects to file the 2023 10-K as soon as practicable and no later than the December 29, 2023 deadline in compliance with Rule 12b-25.

Mesa Airlines Names Andrew Lotter as Vice President of Flight Operations

Retrieved on:

Tuesday, June 6, 2023

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PHOENIX, June 06, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) - Mesa Airlines Inc., a wholly-owned subsidiary of Mesa Air Group, is pleased to announce the appointment of Andrew Lotter as the new Vice President of Flight Operations.

Key Points:

PHOENIX, June 06, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) - Mesa Airlines Inc., a wholly-owned subsidiary of Mesa Air Group, is pleased to announce the appointment of Andrew Lotter as the new Vice President of Flight Operations.
Lotter brings over 25 years of aviation industry experience and has held several executive positions in operations including Chief Operating Officer at Avelo Airlines, President of Ameriflight and most recently Vice President of Operations at Omni Air International.
"We are excited to welcome Andrew to Mesa," said Michael Lotz, Mesa Air Group President.
He is a proven leader with a wealth of operational expertise and a passion for excellence.”
"I am honored to be a part of Mesa Airlines and look forward to leading the flight operations team,” said Lotter.

Mesa Air Group Announces Updated Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call Date

Retrieved on:

Wednesday, December 28, 2022

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PHOENIX, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2022 fourth quarter and fiscal year end earnings after the market closes on Thursday, December 29th.

Key Points:

PHOENIX, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its 2022 fourth quarter and fiscal year end earnings after the market closes on Thursday, December 29th.
The company will also host a conference call to discuss the results on December 29th at 4:30 pm Eastern Time.
The call can be accessed by dialing 888-469-2054 and entering the passcode: PHOENIX (7463649).

Mesa Air Group Announces Intent to File Form 12b-25 and Delay Its Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

Retrieved on:

Monday, December 12, 2022

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Form 12b-25 will allow the Company an additional fifteen calendar days to file the 2022 10-K, which is due on December 14, 2022.

Key Points:

Form 12b-25 will allow the Company an additional fifteen calendar days to file the 2022 10-K, which is due on December 14, 2022.
In accordance with today's announcement, the Company is canceling its previously announced earnings release and call scheduled for after market close on December 12.
The Company expects to file the 2022 10-K as soon as practicable and no later than the December 29, 2022 deadline in compliance with Rule 12b-25.
As of September 30, 2022, Mesa operated or leased a fleet of 158 aircraft with approximately 306 daily departures and 2,500 employees.

Heart Aerospace unveils new airplane design, confirms Air Canada and Saab as new shareholders

Retrieved on:

Thursday, September 15, 2022

Air Canada and Saab have each invested USD 5 million in Heart Aerospace.

Key Points:

Air Canada and Saab have each invested USD 5 million in Heart Aerospace.
We are thrilled to have two such strong partners as Saab and Air Canada join our mission to electrify regional air travel.
Air Canada is a strategically important partner with one of the worlds largest networks operated by regional turboprops, and as a progressive, future leaning company.
Air Canada is very pleased to partner with Heart Aerospace on the development of this revolutionary aircraft.

Mesa Airlines to Participate in Cowen’s 15th Annual Global Transportation & Sustainable Mobility Conference

Retrieved on:

Tuesday, August 30, 2022

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PHOENIX, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, parent company ofMesa Airlines, Inc.(NASDAQ: MESA), today announced thatJonathan Ornstein, Chairman and CEO,Mesa Airlines, will participate in a Fireside Chat at Cowens 15th AnnualGlobal Transportation & Sustainable Mobility ConferenceonWednesday, September 7thfrom2:20-2:50 PM EDT.

Key Points:

PHOENIX, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, parent company ofMesa Airlines, Inc.(NASDAQ: MESA), today announced thatJonathan Ornstein, Chairman and CEO,Mesa Airlines, will participate in a Fireside Chat at Cowens 15th AnnualGlobal Transportation & Sustainable Mobility ConferenceonWednesday, September 7thfrom2:20-2:50 PM EDT.
Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled passenger service to 121 cities in 41 states, the District of Columbia, the Bahamas, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport.
As of June 30, 2022, Mesa operated a fleet of 168 aircraft with approximately 360 daily departures and 2,600 employees.
Mesa operates all of its flights as either American Eagle, United Express, or DHL Express flights pursuant to the terms of capacity purchase agreements entered into with American Airlines, Inc., United Airlines, Inc., and flight service agreement with DHL.

Mesa Air Group Announces Enhanced United Aviate Partnership

Retrieved on:

Wednesday, June 8, 2022

PHOENIX, June 08, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that effective immediately Mesa Airlines pilots participating in Uniteds Aviate career development program are now able to earn service credit, and count prior service, towards their United transition for flying across all of Mesas operations, including American Eagle.

Key Points:

PHOENIX, June 08, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced that effective immediately Mesa Airlines pilots participating in Uniteds Aviate career development program are now able to earn service credit, and count prior service, towards their United transition for flying across all of Mesas operations, including American Eagle.
The United Aviate program is designed to give pilots a clear path to the United Airlines flight deck while building their flight hours with Mesa.
Previously, United Aviate participants could only earn service credit hours while flying aircraft operating as United Express.
Chris Gill, Mesa Air Group MEC Chairman representing the Air Line Pilots Association, said, "We're glad Aviate has chosen to extend mainline advancement opportunities to all Mesa pilots.