Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2023 Results
Mesa Air Group, Inc. (MESA)
Last mesa air group, inc. earnings: 2/10 04:02 pm
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Source: GlobeNewswire
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 Financial Update: Total operating revenues of $114.4 millionPre-tax loss of $31.3 million, net loss of $28.3 million or $(0.69) per diluted shareAdjusted net loss1 of $26.4 million2 or $(0.64) per diluted share Developments Subsequent to Fourth Quarter End: Entered into agreements with United Airlines for amendments to CPA and credit agreements Increased block-hour rates in CPA projected to generate approximately $63.5 million in incremental revenue over next twelve months Sold or entered into agreements to sell excess CRJ-900 aircraft and related engines for combined gross proceeds of $198.0 million, which has been and will be used to pay down $174.3 million in debtProduced December block hours of 46,660, a 5% increase over the September quarter Jonatha
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MESA
News
- Mesa Air Group Discloses Notice from NasdaqGlobeNewswire
MESA
Earnings
- 8/9/23 - Miss
MESA
Sec Filings
- 2/27/24 - Form 10-K/A
- 2/26/24 - Form 4
- 2/26/24 - Form 4
- MESA's page on the SEC website