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Latest Mesa Air Group Stories

2009-02-19 13:30:00

PHOENIX, Feb. 19 /PRNewswire-FirstCall/ -- MESA AIR GROUP, INC. (Nasdaq: MESA) (the "Company") announced today that is has entered into separate agreements with certain holders of its Senior Convertible Notes due 2024 (the "2024 Notes") to exchange $83.7 million in aggregate principal amount at maturity of the 2024 Notes for an aggregate of $4.9 million in cash, 10.9 million shares of the Company's common stock, no par value (the "Common Stock"), and $16.3 million in aggregate principal...

2009-02-18 18:19:00

PHOENIX, Feb. 18 /PRNewswire-FirstCall/ -- Mesa Air Group, Inc. (Nasdaq: MESA) announced today that it will hold a conference call on Friday, February 20, 2009 to discuss financial results for the first quarter ended December 31, 2008 at 9:00 am Mountain Standard Time, 11:00 am Eastern. (Logo: http://www.newscom.com/cgi-bin/prnh/19990210/LAW065) Interested investors can access the Company's webcast of the conference call through the Mesa website at http://www.mesa-air.com. The call leader...

2009-02-18 05:00:00

PHOENIX, Feb. 18 /PRNewswire-FirstCall/ -- Mesa Air Group, Inc. (Nasdaq: MESA) (the "Company") announced today first quarter net income from continuing operations of $15.5 million on operating revenues of $265.1 million. Total operating revenues for the first quarter of 2009 decreased $61.5 million, or 18.8% primarily resulting from a year-over-year decrease in capacity and lower fuel revenue. The net income of $15.5 million, or $0.46 per share on a diluted basis, compares to net loss from...

2009-02-11 17:19:00

PHOENIX, Feb. 11 /PRNewswire-FirstCall/ -- Mesa Air Group, Inc. (Nasdaq: MESA) announced it completed transactions with certain of the holders of its Senior Convertible Notes due 2023 (the "2023 Notes") resulting in the exchange of $21,271,250 in aggregate face amount of the 2023 Notes for the following consideration: (i) $878,269 in cash, (ii) 8,430,458 shares of the Company's common stock, no par value (the "Common Stock"), and (iii) $983,937 in aggregate principal amount of the...

2009-02-06 16:00:00

PHOENIX, Feb. 6 /PRNewswire-FirstCall/ -- MESA AIR GROUP, INC. (Nasdaq: MESA) announced today that the number of shares of its common stock issuable on February 10, 2009 in exchange for each $1,000 principal amount at maturity of its Senior Convertible Notes due 2024 ("2024 Notes") is 4,890 shares. This number is based upon the average closing price of the Company's common stock for the five trading days ended February 5, 2009. (Logo: http://www.newscom.com/cgi-bin/prnh/19990210/LAW065)...

2009-02-03 05:00:00

PHOENIX, Feb. 3 /PRNewswire-FirstCall/ -- MESA AIR GROUP, INC. (Nasdaq: MESA) is pleased to announce the outcome of the put rights for its Senior Convertible Notes Due 2023 (the "2023 Notes"), which matured on January 31, 2009 (the "Put Date"). The outstanding face value of the 2023 Notes prior to the Put Date was $52.1 million ($21.5 million put value). $21.7 million ($9.0 million put value) of the 2023 Notes' face value was not put to the Company and remains outstanding. In satisfaction of...

2009-01-29 16:47:00

PHOENIX, Jan. 29 /PRNewswire-FirstCall/ -- MESA AIR GROUP, INC. (Nasdaq: MESA) announced today that the number of shares of its common stock issuable on January 31, 2009 in exchange for each $1,000 principal amount at maturity of its Senior Convertible Notes due 2023 ("2023 Notes") is 2,525 shares. This number is based upon the average closing price of the Company's common stock for the five trading days ended January 28, 2009. (Logo: http://www.newscom.com/cgi-bin/prnh/19990210/LAW065)...

2009-01-22 12:11:00

PHOENIX, Jan. 22 /PRNewswire-FirstCall/ -- MESA AIR GROUP, INC. (Nasdaq: MESA) announced today that it has entered into separate agreements with certain holders of its Senior Convertible Notes Due 2023 (the "2023 Notes") and certain holders of its Senior Convertible Notes Due 2024 (the "2024 Notes") to (i) waive the January 31, 2009 put right for $15.6 million in aggregate principal amount at maturity of the 2023 Notes and (ii) exchange $18.9 million in aggregate principal amount at maturity...

2009-01-13 05:00:00

PHOENIX, Jan. 13 /PRNewswire-FirstCall/ -- Mesa Air Group, Inc. (Nasdaq: MESA) (the "Company") announced today fourth quarter losses from continuing operations of $22.3 million ($0.83 per diluted share) on gross operating revenues of $325.3 million. This compares to losses from continuing operations of $62.2 million ($2.16 per diluted share) in the fourth quarter of 2007 on gross operating revenues of $327.8 million. Total operating revenues decreased $2.6 million year-over-year, or 0.8%,...

2009-01-12 10:06:00

PHOENIX, Jan. 12 /PRNewswire-FirstCall/ -- On January 5, 2009, Mesa Air Group, Inc. (Nasdaq: MESA) received a letter from Nasdaq (the "Notice") indicating that the Company fails to comply with the filing requirements for continued listing set forth in Marketplace Rule 4310(c)(14), and that its securities are, therefore, subject to delisting from The Nasdaq Global Select Market. Nasdaq rules permit the Company 60 calendar days to submit a plan to regain compliance. Following review of...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.