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Mesa Air Group ( (MESA) ) has issued an update.
On January 15, 2025, Mesa Air Group received a notification from Nasdaq regarding non-compliance with listing requirements due to a delay in filing its Annual Report for the fiscal year ended September 30, 2024. The delay does not stem from financial restatements or auditor disagreements, and it does not affect the company’s stock listing. Mesa has 60 days to submit a compliance plan and expects to file the report ahead of this deadline to regain compliance.
More about Mesa Air Group
Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled passenger service to 67 cities in 34 states, Cuba, and Mexico. As of September 30, 2024, Mesa operated a fleet of 67 aircraft, with approximately 265 daily departures. The company operates all its flights as United Express under a capacity purchase agreement with United Airlines, Inc.
YTD Price Performance: 4.72%
Average Trading Volume: 256,333
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $54.95M
For an in-depth examination of MESA stock, go to TipRanks’ Stock Analysis page.
