Mesa Air Group reports third quarter fiscal 2021 results

Mesa Air Group has reported pre-tax income of $5.8 million for the third quarter fiscal 2021, compared to $4.9 million for Q3 2020. Mesa’s Q3 2021 results reflect net income of $4.3 million, or $0.11 per diluted share, compared to net income of $3.4 million. Total operating revenue increased by $52.1 million, or 71.2%, to $125.2 million for the three months ended June 30, 2021 as compared to the three months ended June 30, 2020. Contract Revenue increased by $38.0 million, or 53.0%, to $109.7 million. Total operating expense increased by $52.9 million, or 91.4%, to $110.8 million for the