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Mesa Air Group Adds New Aircraft, Extends Contract with United Airlines

Mesa Air Group, Inc. (MESA)  More Company Research Source: GlobeNewswire
Last mesa air group, inc. earnings: 2/10 04:02 pm Check Earnings Report
Adding 20 new Embraer E175 LL aircraft under a 12-year capacity purchase agreementExtension on 42 United-owned Embraer E175s for five yearsExisting 20 CRJ-700 aircraft to be leased to another United Express carrier PHOENIX, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) announced today it will add 20 new Embraer E175 LL aircraft to its United Express fleet. The aircraft will be owned and financed by Mesa and be covered under a 12-year capacity purchase agreement. The E175 LL features 70 seats in a three-class configuration. Deliveries are scheduled to begin May 2020 and expected to be completed by the end of 2020. The parties are also extending the contract for 42 E175s for an additional five years. The aircraft, which are owned by United, are now contracted through the end of 2024 with rights to extend through 2027. The 18 Mesa-owned E175s are contracted through 2028. “We are pleased to increase the number of Embraer aircraft operating under our partnershi [Read more]
IMPACT SNAPSHOT EVENT TIME: MESA
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Stockreport

Mesa Air Group Adds New Aircraft, Extends Contract with United Airlines

Mesa Air Group, Inc.  (MESA) 
More Company Research Source: GlobeNewswire
Last mesa air group, inc. earnings: 2/10 04:02 pm Check Earnings Report
Adding 20 new Embraer E175 LL aircraft under a 12-year capacity purchase agreementExtension on 42 United-owned Embraer E175s for five yearsExisting 20 CRJ-700 aircraft to be leased to another United Express carrier PHOENIX, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) announced today it will add 20 new Embraer E175 LL aircraft to its United Express fleet. The aircraft will be owned and financed by Mesa and be covered under a 12-year capacity purchase agreement. The E175 LL features 70 seats in a three-class configuration. Deliveries are scheduled to begin May 2020 and expected to be completed by the end of 2020. The parties are also extending the contract for 42 E175s for an additional five years. The aircraft, which are owned by United, are now contracted through the end of 2024 with rights to extend through 2027. The 18 Mesa-owned E175s are contracted through 2028. “We are pleased to increase the number of Embraer aircraft operating under our partnershi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MESA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS