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Stock impact report

Mesa Air Group Reports Second 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 20, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported second quarter fiscal 2025 financial and operating results. Second Quarter Fiscal 2025 Update: Total operating revenues of $94.7 millionPre-tax loss of $62.5 million, net loss of $58.6 million, or $(1.42) per diluted shareAdjusted net loss1 of $2.9 million2 excludes a $53.8 million loss related to the impairment and loss on sale of assetsAdjusted EBITDAR1 of $9.6 millionOperated at a 99.9% controllable completion factor3Scheduled utilization for the quarter of 9.4 block hours per dayOperated our last CRJ-900 flight on February 28, 2025 “In the March 2025 quarter, Mesa posted our sixth straight quarter of positive EBITDA and EBITDAR performance, along with our third consecutive quarter of improving block-hour-per-day utilization, which is expected to be 9.8 in the June 2025 quarter,” said Jonathan Ornstein, Mesa Chairman and CEO. “Notably, we flew our final CRJ-90 Show less Read more
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