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Mesa Stock to be Delisted on May 1, 2024

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Mesa Stock to be Delisted on May 1, 2024

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Old 12-10-2023 | 05:45 AM
  #21  
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Originally Posted by BusBoe
mesa stock got bumped above a dollar and has been holding steadily since. +131% over the last month. It wont be delisted anymore, and chances are, they will have more investors than ever now
That or Mesa will be cease to exist.
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Old 01-12-2024 | 11:06 AM
  #22  
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https://www.flightglobal.com/strateg...156429.article

Maybe sooner. 2023 must have been an extra-hard year to cook the books.
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Old 01-12-2024 | 11:44 AM
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Originally Posted by rickair7777
https://www.flightglobal.com/strateg...156429.article

Maybe sooner. 2023 must have been an extra-hard year to cook the books.
At what point will UA stop supporting Mesa and let the current economic and pilot environments do as they will? Mesa clearly is not in a position to survive without being given cash injections.
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Old 01-12-2024 | 12:15 PM
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Originally Posted by ClappedOut145
At what point will UA stop supporting Mesa and let the current economic and pilot environments do as they will? Mesa clearly is not in a position to survive without being given cash injections.
I think UAL, and others, would like to preserve the regional model for better days, after the retirement wave and pilot shortage are done.
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Old 01-12-2024 | 12:33 PM
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Originally Posted by rickair7777
I think UAL, and others, would like to preserve the regional model for better days, after the retirement wave and pilot shortage are done.
I think you are missing at least 3 different variables in your equation. You are not thinking strategically.
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Old 01-12-2024 | 01:10 PM
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Originally Posted by rickair7777
I think UAL, and others, would like to preserve the regional model for better days, after the retirement wave and pilot shortage are done.
They have C5, YX, OO, and to a lesser extent G7 to do their bidding. Mesa seems to have major constraints to being economically viable and United could shift the planes that they own to other partners, or even have their own pilots fly them (not likely but they do have rates for them). The point is, YV is on borrowed time without significant changes.
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Old 06-05-2024 | 06:45 PM
  #27  
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Default Mesa Air regains Nasdaq compliance

Mesa Air regains NASDAQ compliance after extended share price rally

Mesa Air Group (NASDAQ:MESA) announced that it has received a notification letter from the Nasdaq informing the company that it has regained compliance with the minimum bid price requirements of the exchange. The development followed a +60% rally in Mesa's (MESA) share price over the last six weeks.

On November 3, NASDAQ notified Mesa that the closing bid price of the company’s common stock had not met the minimum bid price requirement of $1.00 per share for 30 consecutive business days. In response, Mesa was tasked with maintaining a closing bid price of $1.00 per share or more for a minimum of 10 consecutive business days to regain compliance.

On June 4, NASDAQ verified and confirmed that for 10 successive business days, from May 20, 2024, to June 3, 2024, the closing bid price of Mesa's (MESA) common stock was at or above the $1.00 minimum per share threshold.

Mesa Air (MESA) announced in May that it expects to report an adjusted net profit for the first time in ten quarters. The Phoenix-based company also expects to generate breakeven cash flow for the remainder of the fiscal year.
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Old 06-20-2024 | 09:38 AM
  #28  
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Hmmmmm....Profitable quarter this past! Go Mesa, Go!
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Old 06-20-2024 | 05:11 PM
  #29  
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Originally Posted by maxjet
Hmmmmm....Profitable quarter this past! Go Mesa, Go!
there running out of stuff to sell to make a profit….
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