Mesa Announces Action to Balance Pilot Supply
Mesa Air Group, Inc. (MESA)
Last mesa air group, inc. earnings: 2/10 04:02 pm
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Source: GlobeNewswire
PHOENIX, July 02, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today announced the furlough of 12 pilots and training deferrals for 41 pilot trainees, effective July 12, 2024. These actions are the result of significantly reduced attrition among Mesa’s active pilot workforce. The Company currently anticipates this will save approximately $750,000 per month in operating expenses. “Over the last two years, attrition at Mesa often exceeded 25 pilots per month due to the pilot shortage created by the FAA’s implementation of the ‘1,500-hour rule’,” said Jonathan Ornstein, Mesa Chairman and CEO. “As a result, we undertook significant efforts to increase our pilot hiring, including our Mesa Pilot Development
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MESA
News
- Nasdaq notifies Mesa Air on non-compliance of listing rukes [Seeking Alpha]Seeking Alpha
- Mesa Air Group Discloses Notice from NasdaqGlobeNewswire
- Mesa Air Group Announces Increased Utilization from Fourth Calendar Quarter 2024 to First Calendar Quarter 2025 [Yahoo! Finance]Yahoo! Finance
- Mesa Air Group Announces Increased Utilization from Fourth Calendar Quarter 2024 to First Calendar Quarter 2025GlobeNewswire
MESA
Sec Filings
- 1/21/25 - Form 8-K
- 1/7/25 - Form 8-K
- 12/30/24 - Form NT
- MESA's page on the SEC website