Mesa Air Group (MESA) Announces Fiscal Q3 2025 Results

Mesa Air Group, Inc. (NASDAQ:MESA) is one of the best airport and air services stocks to buy. Mesa Air Group, Inc. (NASDAQ:MESA) reported its fiscal Q3 2025 results on August 13, with total operating revenues for the quarter reaching $92.8 million.

The company reported $20.6 million in pre-tax income and $20.9 million in net income, while adjusted net loss for the quarter was $0.6 million, primarily excluding a gain of $25.1 million on the write-off of warrant liabilities.

Mesa Air Group, Inc. (NASDAQ:MESA) further reported an adjusted EBITDAR of $6.1 million and operated at a 99.99% controllable completion factor, with a scheduled utilization for the quarter of 9.8 block hours per day.

The company also attained single fleet operation, training 160 pilots to transition from the CRJ fleet to the E-175 fleet. The stock’s median price target of $1.29 implies an upside of 55.04% from current levels.

Mesa Air Group, Inc. (NASDAQ:MESA) is involved in the provision of regional air carrier and passenger transportation services. The company’s fleet includes United Express, American Eagle, and DHL Express flights.

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Disclosure: None. This article is originally published at Insider Monkey.