Mesa Air Group reported net income of $15.0 million for the fiscal fourth quarter ended Sept. 30, a 40% increase over earnings of $10.7 million for the same period in 2004. An 18.9% rise in operating revenue to $309.1 million, attributed to growth in the regional jet fleet from 129 to 144 units, helped to fuel profits, the airline said. Mesa also completed permanent financing of 15 CRJ900s through a sale/leaseback transaction during the quarter, removing $400 million in debt. "In spite of a ...

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