MESA Mesa Air Group, Inc. featured news, full reports, and detailed charts
Mesa Air Group, Inc. (MESA) Wrap Up:
Mesa Air Group, Inc. (“Mesa” or the “Company”) is a holding company whose principal subsidiaries operate as regional air carriers providing scheduled passenger and airfreight service. As of September 30, 2007, the Company served 184 cities in 45 states, the District of Columbia, Canada, the Bahamas and Mexico and operated a fleet of 182 aircraft with approximately 1,100 daily departures. Approximately 98% of our consolidated passenger revenues from continuing operations for the fiscal year ended September 30, 2007 were derived from operations associated with code-share agreements. Our subsidiaries have code-share agreements with Delta Air Lines, Inc. (“Delta”), Midwest Airlines, Inc. (“Midwest Airlines”), United Airlines, Inc. (“United Airlines” or “United”) and America West Airlines, Inc. (“America West”) which currently operates as US Airways and is referred to herein as “US Airways. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f01%2f15%2f0000950153-08-000058.html#FIS_BUSINESS"Mesa Air Group Inc. (MESA*(D):NASDAQ)
Snapshot of Mesa Air Group Inc. (MESA)
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OPEN
$0.12
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PREVIOUS CLOSE
$0.12
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DAY HIGH
$0.12
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DAY LOW
$0.12
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52 WEEK HIGH
12/2/08 - $0.56
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52 WEEK LOW
02/12/09 - $0.01
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MARKET CAP
17.9M
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AVERAGE VOLUME 3 mo
4.0M
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DILUTED EPS TTM
$-0.78
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SHARES OUTSTANDING
146.6M
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MESA Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
related news
MESA Top Compensated Officers
Executives, Board Directors
Key developments for Mesa Air Group Inc. (MESA)
Mesa Air Group Inc. announced that United Airlines has exercised its early termination rights for Mesa's operation of 10 Dash-8 turboprop aircraft under Mesa's code-share agreement with United Airlines. Mesa plans to work with United Airlines on an orderly transition plan, but, in any event, the date of exit from service is expected to be no later than April 30, 2010.
Republic Airways Holdings Inc. announced that it had reached an agreement with Mesa Air Group Inc. to form a joint venture to combine the jet routes currently flown by both Mesa and Republic. Under the agreement, E170 routes currently operated by Republic Airways will be transitioned to jet service provided by Mesa Airlines. The three E170 aircraft will be returned to the mainland by November and will operate in Republic Airways' branded network. All passengers holding tickets on Shuttle America operated flights will be reaccomodated on flights operated by Mesa. Under the terms of the JV agreement, Mokulele shareholders will contribute their ownership of Mokulele to the JV and will own 25% of the new venture. Additionally, current Mokulele shareholders will be obligated to fund up to $1.5 million to capitalize the JV. Republic, which is the majority shareholder of Mokulele, will forgive Mokulele's $3.1 million outstanding debt to Republic, net of surrendered aircraft deposits.
Mesa Air Group Inc. entered into agreements with Mokulele Flight Service Inc. (d/b/a Mokulele Airlines) and its majority shareholder to create a joint venture to provide Hawaii inter-island airline service under the go! and Mokulele brand names. Under the terms of the agreements Mesa will own 75% of the units and Mokulele shareholders will own 25%. Routes currently served by Mokulele partner Shuttle America will be operated by Mesa Airlines d/b/a go!. Passengers will continue to book reservations on both go! and Mokulele, check in for jet services at the newly co-branded go! Mokulele ticket counters and will have the added benefit of seamless travel to the destinations served by both airlines.
MESA Competitors
| Company | Last | Change |
| Allegiant Travel Co | $40.64 USD | -0.02 |
| ExpressJet Holdings Inc | $3.92 USD | -0.06 |
| Hawaiian Holdings Inc | $6.54 USD | -0.05 |
| Pinnacle Airlines Corp | $6.53 USD | +0.03 |
| Republic Airways Holdings Inc | $7.04 USD | -0.01 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | MESA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | 0.2x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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MESA |
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MESA transactions
| Type Date |
Target |
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Merger/Acquisition
October 13, 2009 |
Mokulele Airlines, Inc. |