This year's Regional Airline of the Year is a company that has completed a successful business restructuring during one of the most difficult periods in the history of commercial aviation. After losing $59 million in the 2001 and 2002 fiscal years, Mesa Air Group recovered to post profits totaling $51 million over the next two years, including $26 million in the year to last Sept. 30. Revenues, meanwhile, rose more than 70% from $523 million to $896.8 million and passenger enplanements more than doubled to 10.2 million.
This year's Regional Airline of the Year is a company that has completed a successful business restructuring during one of the most difficult periods in the history of commercial aviation. After losing $59 million in the 2001 and 2002 fiscal years, Mesa Air Group recovered to post profits totaling $51 million over the next two years, including $26 million in the year to last Sept. 30. Revenues, meanwhile, rose more than 70% from $523 million to $896.8 million and passenger enplanements ...
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