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Microcap & Penny Stocks : MESA, the little airline that might

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To: Eric Lee Smith who wrote ()9/25/1997 12:48:00 AM
From: Eric Lee Smith   of 11
 
This news pushed the stock up from 5 to 6 in a day. -E

09/05 06:00 Mesa Air Group, Inc. Reports Record Passengers and Load Factor

FARMINGTON, N.M., Sept. 5 /PRNewswire/ -- Mesa Air Group, Inc.
(Nasdaq: MESA) reported a 12.3% increase in its August, 1997 traffic.
These figures represent the greatest number of passengers ever
carried by Mesa in a single month. Details follow:

08/97 08/96 change YTD 97 YTD 96 change
Passengers
Carried: 648,563 578,179 12.2%4,581,119 4,342,775 5.5%
Revenue
Passenger
Miles (000): 133,784 119,133 12.3% 950,072 917,233 3.6%
Available
Seat
Miles (000): 219,555 202,278 8.5%1,683,206 1,615,738 4.2%
Load
Factor: 60.9% 58.9% 2.0pts 56.4% 56.8% -0.4pts

Mesa Airlines is the largest independently owned regional airline in
the world, flying to 166 cities in 30 states plus the District of
Columbia. Mesa operates a fleet of 186 aircraft with an average age
of 3.8 years, employs more than 4,000 airline professionals and has
annual revenues in excess of $500 million.

www.mesa-air.com
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