Mesa Air Group, a U.S.-based regional airline operator, announced a net loss of $58.6 million for the second quarter of fiscal 2025, alongside a 28.0% decrease in total operating revenues, which fell to $94.7 million. The sharp decline reflects ongoing challenges in regional aviation markets and reduced block hours with major partners.
Mesa Air Group, a regional airline operator based in the United States, has released its financial results for the first quarter of fiscal year 2025, reporting a significant net loss of $114.6 million. The downturn was accompanied by a 13.1% decline in total operating revenues, which amounted to $103.2 million for the quarter.
Mesa Air Group, a regional U.S. carrier, has reported a net loss of $24.9 million for its fourth fiscal quarter and a net loss of $91.0 million for the full fiscal year 2024. The airline’s total operating revenue for the year declined by 4.3%, falling to $476.4 million. As of the end of the reporting period, Mesa reported $15.6 million in unrestricted cash and cash equivalents, reflecting…
Republic Airways Holdings and Mesa Air Group, two of the largest regional airline operators in the United States, have announced a definitive agreement to merge in an all-stock transaction. The deal will create a new, publicly traded regional airline company, consolidating resources, fleets, and operational platforms under a unified corporate structure.
Mesa Air Group has announced the successful sale of 23 CF34-8C engines, generating total proceeds of $33.5 million.
Mesa Air Group, a US-based regional airline, has announced an extension and increase in its block-hour rate under its current Capacity Purchase Agreement (CPA) with United Airlines.
Mesa Air Group has released its financial results for the third quarter of fiscal 2024, reporting total operating revenues of $110.8 million.
