Mesa Air Group (MESA) Tops Q1 EPS by 33c

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Mesa Air Group Reports First Quarter Fiscal 2021 Results

February 9, 2021 4:01 PM EST

PHOENIX, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported first quarter fiscal 2021 financial and operating results.

Highlights for the quarter:

$18.9 million in pretax income and positive cash flowSigned 5-year extension with American Airlines for 40 aircraftReceived $195 million loan under the CARES ActLaunched cargo operations for DHL with two 737-400F aircraftPlaced 12 new E-175 aircraft into... More