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Mesa Air Group Priced, Nasdaq: MESA

Regional airline providing contract-based flying for United and American Airlines.

Industry: Industrials

First Day Return: -2.1%

Industry: Industrials

Mesa Airlines is a regional air carrier providing scheduled passenger service to 110 cities in 38 states, the District of Columbia, Canada, Mexico and the Bahamas. All of our flights are operated as either American Eagle or United Express flights pursuant to the terms of capacity purchase agreements we entered into with American Airlines, and United Airlines, Inc. We have a significant presence in several of our major airline partners' key domestic hubs and focus cities, including Dallas, Houston, Phoenix and Washington-Dulles. We have been the fastest growing regional airline in the United States over our last five fiscal years, based on fleet growth, with a cumulative increase in aircraft of 137%. As of March 31, 2018, we operated a fleet of 145 aircraft with approximately 610 daily departures. We operate 64 CRJ-900 aircraft under our capacity purchase agreement with American and 20 CRJ-700 and 60 E-175 aircraft under our capacity purchase agreement with United.
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Mesa Air Group (MESA) Performance