Mesa Follows RJET in Declining Earnings

Net income for Mesa Air Group’s third quarter, dropped significantly from the year-ago period coming in at $2.6 million on gross operating revenues of $355.9 million compared to net income of $10.9 million in Q3 2006. That quarter, however, included income of $5.9 million from its US Airways (LCC) bankruptcy claim. For a complete analysis see the next issue of Regional Aviation News.