OverviewSuggest Edit

Mesa Air Group operates as an airlines company that provides regional air services. It also operates as an online retailer of apparel and accessories.
TypePublic
Founded1982
HQPhoenix, AZ, US
Websitemesa-air.com
Employee Ratings3
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)3,600
Job Openings39
Revenue (FY, 2020)$545.1 M(-24%)
Share Price (Sept 2021)$7.7(-3%)
Cybersecurity ratingCMore

Key People/Management at Mesa Air

Jonathan Ornstein

Jonathan Ornstein

Chairman & Chief Executive Officer
Michael Lotz

Michael Lotz

President & Chief Financial Officer
Brad Rich

Brad Rich

EVP & Chief Operating Officer
Brian Gillman

Brian Gillman

EVP, General Counsel & Secretary
Brad Holt

Brad Holt

Senior Vice President, Flight Operations
Michael Ferverda

Michael Ferverda

Senior Vice President, Regulatory Affairs
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Mesa Air Office Locations

Mesa Air has an office in Phoenix
Phoenix, AZ, US (HQ)
410 N 44th St #700
Show all (1)

Mesa Air Financials and Metrics

Mesa Air Revenue

Mesa Air's revenue was reported to be $545.07 m in FY, 2020
USD

Revenue (Q2, 2021)

97.3m

Net income (Q2, 2021)

5.7m

EBIT (Q2, 2021)

16.8m

Market capitalization (8-Sept-2021)

275.6m

Closing stock price (8-Sept-2021)

7.7

Cash (31-Mar-2021)

147.9m

EV

914.2m
Mesa Air's current market capitalization is $275.6 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

587.8m643.6m681.6m723.4m545.1m

Revenue growth, %

9%

General and administrative expense

42.2m39.0m53.6m50.5m52.2m

Operating expense total

531.1m543.3m53.6m50.5m52.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

160.2m159.1m167.0m164.7m167.6m171.7m178.2m177.1m180.2m184.0m179.9m73.1m150.4m97.3m

General and administrative expense

20.7m21.3m22.1m12.2m13.5m12.4m13.0m14.5m11.7m13.1m11.2m

Operating expense total

139.4m138.7m130.6m149.7m167.6m22.1m12.2m13.5m12.4m13.0m14.5m11.7m13.1m11.2m

Depreciation and amortization

16.0m18.5m19.3m19.8m20.6m20.5m20.6m20.5m20.7m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

37.7m56.8m103.3m68.9m99.4m

Accounts Receivable

9.3m8.9m14.3m23.1m13.7m

Prepaid Expenses

42.5m61.5m40.9m40.9m16.1m

Current Assets

105.2m145.8m197.9m157.8m155.6m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

41.7m88.6m77.7m79.9m57.8m52.4m64.9m181.3m147.9m

Accounts Receivable

21.6m6.0m12.1m7.9m24.1m14.2m14.6m15.4m13.9m

Prepaid Expenses

39.5m43.0m47.5m46.4m4.5m5.9m7.1m12.9m9.0m

Current Assets

122.4m173.7m160.1m158.2m112.2m98.3m112.6m236.0m197.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

14.9m32.8m33.3m47.6m27.5m

Depreciation and Amortization

46.0m61.0m65.0m78.0m82.3m

Inventories

(744.0k)(6.3m)(1.5m)

Accounts Payable

29.7m(17.3m)2.4m12.1m3.4m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

13.9m19.1m32.3m35.3m10.8m12.7m16.1m14.1m19.8m

Depreciation and Amortization

47.6m18.5m37.8m57.5m20.6m41.0m61.7m20.5m41.2m

Inventories

(677.0k)(1.9m)(3.9m)(5.1m)(1.2m)(1.4m)(1.4m)256.0k(84.0k)

Accounts Payable

8.4m(2.8m)(3.5m)(4.9m)(2.3m)(602.0k)(9.9m)(5.7m)15.5m
USDFY, 2016

Revenue/Employee

189.5k

Financial Leverage

6.8 x
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Mesa Air Operating Metrics

FY, 2013FY, 2014FY, 2015FY, 2016Q2, 2017FY, 2017Q2, 2018

Active Cities

110

Available Seat Miles

4.28 m4.93 m7.36 m8.82 m4.83 m9.47 m4.62 m

Passengers

7.87 m8.52 m10.63 m12.5 m6.39 m13.01 m6.33 m

Revenue Passenger Miles

3.7 m4.1 m6.02 m7.02 m3.76 m7.39 m3.64 m
Show all operating metrics

Mesa Air Acquisitions / Subsidiaries

Company NameDateDeal Size
Mesa Air Group
Mesa Airlines

Mesa Air Revenue Breakdown

Embed Graph

Mesa Air revenue breakdown by business segment: 96.1% from Contract revenue and 3.9% from Other

Mesa Air Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Mesa Air Online and Social Media Presence

Embed Graph

Mesa Air Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    F

    44/100

  • Compensation

    F

    37/100

Learn more on Comparably

Mesa Air News and Updates

Mesa Air Group Announces Third Quarter Fiscal Year 2021 Earnings Release and Conference Call Date

PHOENIX, July 19, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its third quarter earnings for fiscal year 2021 after the market closes on Monday, August 9th. The company will also host a conference call to discuss the results on August 9th at 4:30 pm Eastern Time.

Mesa Air Group Reports June 2021 Operating Performance

PHOENIX, July 08, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for June 2021.

Mesa Air Group Reports April 2021 Operating Performance

PHOENIX, May 12, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for April 2021.

Mesa Air Group Announces Second Quarter Fiscal Year 2021 Earnings Release and Conference Call Date

PHOENIX, April 19, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) will release its second quarter earnings for fiscal year 2021 after the market closes on Monday, May 10. The company will also host a conference call to discuss the results on May 10th at 4:30 pm Eastern Time.

Mesa Air Group Reports February 2021 Operating Performance

PHOENIX, March 08, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for February 2021.

Mesa Air Group Eyes International Growth

PHOENIX, March 02, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today announced it has entered into a conditional agreement with Gramercy Associates Ltd. based in London, England to develop a European based joint venture. The joint venture will apply for a new Air Operator’s Certif…
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Mesa Air Blogs

Brother-Sister Duo Fly for Mesa

From August 28th to August 31, 2021 the Chocallo siblings were able to have a rare opportunity as pilots with Mesa Airlines - they flew for the first time ever together! Previously they had not flown together in any planes with them at the controls.A year and a half prior to flying together Dalton C…

Where did Mesa’s name come from?

Mesa has had a family thing about it since the beginning. It all started in Farmington, New Mexico, at Four Corners Regional Airport. Our founder, Larry Risley, and his wife Janie saw the potential for regular commercial air service between Farmington and Albuquerque. They mortgaged their home and c…

Travel Tips: The Southwest Pt. 3

Welcome to the final part of our Travel Tips to the Southwest series! We are concluding with the great states of Texas and Colorado. Southwest Texas - The Lone Star State ⭐  Big Bend ☄️ Known for its dark sky illuminated by the stars and powerful rivers, Big Bend is the perfect getaway. Its namesak…

Travel Tips: the Southwest Pt. 1

With Mesa Air Group being found in New Mexico and now based in Arizona, it is only right we share tips for successful trave…

Travel Tips: The Southwest Pt. 2

Now that you know Mesa’s favorites when it comes to Arizona and New Mexico, it is time to move on to Utah and Nevada. These vast States have so much to offer whether it’s a planned trip or a layover. Keep reading to see what activities they have to offer and Mesa’s top picks ✈️! …

Mesa Air Group Reports July 2021 Operating Performance

PHOENIX , Aug. 10, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group , Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for July 2021. Mesa Airlines reported 32,843 block hours in July 2021, a 92.1 percent increase from July 2020 as a result of increased summer flying and the
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Mesa Air Frequently Asked Questions

  • When was Mesa Air founded?

    Mesa Air was founded in 1982.

  • Who are Mesa Air key executives?

    Mesa Air's key executives are Jonathan Ornstein, Michael Lotz and Brad Rich.

  • How many employees does Mesa Air have?

    Mesa Air has 3,600 employees.

  • What is Mesa Air revenue?

    Latest Mesa Air annual revenue is $545.1 m.

  • What is Mesa Air revenue per employee?

    Latest Mesa Air revenue per employee is $151.4 k.

  • Who are Mesa Air competitors?

    Competitors of Mesa Air include Allegiant Travel, Lufthansa Group and SereneAir.

  • Where is Mesa Air headquarters?

    Mesa Air headquarters is located at 410 N 44th St #700, Phoenix.

  • Where are Mesa Air offices?

    Mesa Air has an office in Phoenix.

  • How many offices does Mesa Air have?

    Mesa Air has 1 office.