Mesa Air Group, Inc. (MESA) reported second quarter net income of $11.7 million, or $0.28 per share, compared to a net loss of $35.1 million, or $0.88 per share, a year ago. Adjusted net income was $6.3 million, or $0.15 per share, compared to an adjusted net loss of $21.3 million, or $0.53 per share. Total operating revenues were $131.6 million, an increase of 8.0%, from $121.8 million, previous year.
"Our second quarter results have begun to demonstrate an improvement in our business and reflect our efforts over the past year-and-a-half to restructure and strengthen our operations, P&L, and balance sheet," said Jonathan Ornstein, Chairman and CEO.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.