Mesa Air Group reports Q1 2019 results

Lauren Eldershaw
By Lauren Eldershaw February 5, 2019 15:32

Mesa Air Group reports Q1 2019 results

Mesa Air Group has reported net income of $19.1 million or $0.55 per diluted share for the first quarter fiscal year 2019 (ending December 31, 2018). Pre-tax income was $25.0 million compared to $0.8 million in the prior-year quarter, with revenue up by 8.2% compared.

“We continue to work hard to successfully execute our plan of increased block hours, improved operational performance and profitability,” stated Jonathan Ornstein, Chairman and Chief Executive Officer. “Our pilot hiring remains strong and we continue to hire significantly above current attrition levels. We appreciate the hard work and dedication of all of our employees, and their meaningful contributions to our improving operational capabilities.”

Lauren Eldershaw
By Lauren Eldershaw February 5, 2019 15:32