Articles from Mesa Air Group, Inc.

PHOENIX, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today announced that it received a notice (“Notice”) on January 15, 2025 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 fiscal year ended September 30, 2024 (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. 05, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today announced the Company will significantly increase daily aircraft utilization rates beginning in January 2025.

PHOENIX, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today reported third quarter fiscal 2024 financial and operating results.

PHOENIX, July 02, 2024 (GLOBE NEWSWIRE) --  Mesa Air Group, Inc. (NASDAQMESA) (“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 significantly reduced attrition among Mesa’s active pilot workforce. The Company currently anticipates this will save approximately $750,000 per month in operating expenses.

PHOENIX, June 18, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today reported second quarter fiscal 2024 financial and operating results.

PHOENIX, June 06, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today provided an update that the Company has completed the sales of six of the 15 surplus CRJ-900 airframes, and ten of the 30 surplus CRJ engines, associated with its Regional Aircraft Securitization Program (“RASPRO”) finance lease. Mesa previously entered into agreements to sell the 15 airframes and 30 engines, respectively, to two separate third parties.

PHOENIX, June 05, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today provided additional detail around its holdings in XTI Aerospace, Inc. (“XTI Aerospace”), which is developing the TriFan 600, a unique, fixed-wing vertical lift crossover airplane (VLCA) that can take off and land like a helicopter and is configurable to transport up to six passengers.

PHOENIX, June 05, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“NASDAQ”) informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

PHOENIX, May 20, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today reported first quarter fiscal 2024 financial and operating results.

PHOENIX, May 17, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“Mesa” or the “Company”) today announced that it received a notice (“Notice”) on May 16, 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 March 31, 2024 (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, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) (“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. (NASDAQMESA) (“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. (NASDAQMESA) (“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. (NASDAQMESA) (“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. (NASDAQMESA) (“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. (NASDAQMESA) 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.

PHOENIX, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) - Mesa Airlines, announced today the launch of its Independent Pilot Development program (IPD), which will offer pilots “pay as you go” opportunity to build required flight time quickly, economically, and efficiently in brand new Pipistrel Alpha 2 aircraft.

PHOENIX, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) - Mesa Airlines, is launching a one of a kind Direct-Entry Captain Referral Program, offering a $20,000 incentive to anyone who successfully refers a qualified pilot for employment with the company as a Captain.

PHOENIX, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) today reported third quarter fiscal 2023 financial and operating results.

PHOENIX, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) will release its third quarter earnings results for fiscal year 2023 after the market closes on Wednesday, August 9th. The company will also host a conference call to discuss the results on August 9th at 4:30 pm Eastern Time.

PHOENIX, June 06, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) - 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 will succeed John Hornibrook who is retiring from the Company.

PHOENIX, May 12, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) today announced that it will provide an audio webcast of a virtual fireside chat with Torque Zubeck, Mesa’s Chief Financial Officer, at the BofA Securities 30th Annual Transportation, Airlines and Industrials Conference on Thursday, May 18th.

PHOENIX, May 11, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) - Mesa Airlines, a leading regional airline, is pleased to announce the appointment of Lorraine "Lori" DiMarco as its new Vice President of Maintenance. DiMarco will be responsible for overseeing all aspects of Mesa Airlines' maintenance operations and replaces Christian Daoud who has resigned from the company.            

PHOENIX, May 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) today reported second quarter fiscal 2023 financial and operating results.

PHOENIX, April 25, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) will release its second quarter earnings results for fiscal year 2023 after the market closes on Tuesday, May 9th. The company will also host a conference call to discuss the results on May 9th at 4:30 pm Eastern Time.

PHOENIX, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) today reported first quarter fiscal 2023 financial and operating results.

PHOENIX, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Mesa Airlines, Inc (NASDAQMESA) is launching a Direct-Entry Captain Position for highly qualified candidates with a 24-month flow to United Airlines. Qualifications are as follows:

PHOENIX, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) will release its first quarter earnings results for fiscal year 2023 after the market closes on Thursday, February 9th. The company will also host a conference call to discuss the results on February 9th at 4:30 pm Eastern Time.

PHOENIX, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) today reported fourth quarter and fiscal full-year 2022 financial and operating results.

PHOENIX, Dec. 28, 2022 (GLOBE NEWSWIRE) --  Mesa Air Group, Inc. (NASDAQMESA) 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.

PHOENIX, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) announced today plans for a significant restructuring in its operations with American Airlines and United Airlines. As a result of ongoing unprofitable operations with American Airlines, driven primarily by higher pilot wages and block hour utilization penalties driven by the ongoing industry wide pilot shortage, Mesa initiated and has finalized a consensual wind down of its American operations. Mesa is finalizing a new-five-year agreement with United Airlines that would place the associated aircraft into United Express operations and compensate Mesa for the higher costs associated with regional jet flying. The new agreement would cover all of Mesa’s existing flying at American and could increase to 38 CRJ-900 aircraft, dependent upon the number of E-175s that Mesa is operating.

PHOENIX, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group (NASDAQMESA) 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 “2022 10-K”) for the fiscal year ended September 30, 2022. 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.

PHOENIX, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQMESA) will release its 2022 fourth quarter and fiscal year end earnings after the market closes on Monday, December 12th. The company will also host a conference call to discuss the results on December 12th at 4:30 pm Eastern Time.