Brief: Mesa Air Group Posts Q4 Loss Per Share Of $3.18

Republic Airways Holdings

29/12/2022 21:34

Dec 29 (Reuters) - Mesa Air Group Inc  MESA.O :
    * MESA AIR GROUP REPORTS FOURTH QUARTER AND FISCAL FULL-YEAR
2022
RESULTS
    * Q4 ADJUSTED LOSS PER SHARE $0.37
    * Q4 REVENUE FELL 3.9 PERCENT TO $125.6 MILLION
    * Q4 EARNINGS PER SHARE VIEW $-0.29, REVENUE VIEW $124.2
MILLION
-- REFINITIV IBES DATA
    * QTRLY LOSS PER SHARE $3.18
    * ON DECEMBER 27, 2022, WE FINALIZED AN AMENDMENT AND
RESTATEMENT
OF OUR CAPACITY PURCHASE AGREEMENT WITH UNITED AIRLINES
    * ON DECEMBER 27, 2022, WE FINALIZED AN AGREEMENT WITH
UNITED FOR
A $41.2 MILLION LIQUIDITY FACILITY
    * UNITED ALSO AGREED TO PURCHASE 30 GE-CF34-8 SPARE ENGINES
FROM
MESA FOR $80 MILLION
    * INCREASE IN PILOT PAY IMPLEMENTED DURING QUARTER HAS
SIGNIFICANTLY REDUCED ATTRITION AND INCREASED OUR PILOT
APPLICANT POOL

Source text for Eikon:  ID:nGNX3w1DcP 
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