Mesa Air Group Q2 results

Mesa Air Group posted a total operating revenue of $131.6 million, and a net income of $11.7 million for the second quarter (Q2) of 2024. The group reported $11.7 million in pre-tax income, and an adjusted net income of $6.3 million, alongside a renegotiation of an operating lease for two CRJ aircraft into a fully amortised buyout lease, reducing payments by $9.5 million over life of the lease. The companies total operating revenue for Q2 2024 was $131.6 million, an 8% increase from $121.8 million in the same period last year. Mesa states that these increases were due to “higher