Mesa Air Group Announces Increased Utilization from Fourth Calendar Quarter 2024 to First Calendar Quarter 2025
Mesa Air Group, Inc. (MESA)
Last mesa air group, inc. earnings: 2/10 04:02 pm
Check Earnings Report
Company Research
Source: GlobeNewswire
PHOENIX, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today announced the Company will significantly increase daily aircraft utilization rates beginning in January 2025. After working closely with United’s Network Planning group, Mesa is scheduled to increase utilization from an average of 8.9 block hours per day in the fourth calendar quarter of 2024 to an average of 9.5 block hours per day, or a 7% increase in the first calendar quarter of 2025. Utilization is planned to reach 9.8 block hours per day by March 2025, or a 10% increase from the fourth calendar quarter of 2024. Further improvement in aircraft utilization is anticipated in the second calendar quarter of 2025. While still below pre-Covid levels, the increase in utilization is a result of significantly reduced attrition throughout all work groups, more optimal scheduling practices, and improved operational performance. Mesa has experienced only one controllable cancel
Show less
Read more
Impact Snapshot
Event Time:
MESA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MESA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MESA alerts
High impacting Mesa Air Group, Inc. news events
Weekly update
A roundup of the hottest topics
MESA
News
- Mesa Air Group Announces Increased Utilization from Fourth Calendar Quarter 2024 to First Calendar Quarter 2025 [Yahoo! Finance]Yahoo! Finance
- Mesa Air Non-GAAP EPS of -$0.23, revenue of $110.8M Oct. 16, 2024 7:15 AM ET By: Deepa Sarvaiya , SA News Editor [Seeking Alpha]Seeking Alpha
- Mesa Air Group Reports Third Quarter Fiscal 2024 ResultsGlobeNewswire
MESA
Sec Filings
- 10/16/24 - Form 8-K
- 10/15/24 - Form 10-Q
- MESA's page on the SEC website