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Stock impact report

Mesa Air Group Reports First Quarter Fiscal 2025 Results

Mesa Air Group, Inc. (MESA) 
Last mesa air group, inc. earnings: 2/10 04:02 pm Check Earnings Report
Company Research Source: GlobeNewswire
PHOENIX, May 19, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported first quarter fiscal 2025 financial and operating results. First Quarter Fiscal 2025 Update: Total operating revenues of $103.2 millionPre-tax loss of $116.3 million, net loss of $114.6 million, or $(2.77) per diluted shareAdjusted net loss1 of $4.0 million2 excludes a $112.4 million loss related to the impairment and loss on sale of aircraftAdjusted EBITDAR1 of $12.6 millionOperated at a 100.00% controllable completion factor3Scheduled utilization for the quarter of 8.9 block hours per day “Mesa continued to have strong operational performance during the December 2024 quarter,” said Jonathan Ornstein, Mesa Chairman and CEO. “We are pleased to have flown a 100% controllable completion factor for United. We continued to make financial progress and generated positive adjusted EBITDA and adjusted EBITDAR for the fifth consecutive quarter, highlighting improving oper Show less Read more
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