Mesa Air Group's first fiscal quarter earnings fell 38% year-over-year to $8 million on a 7.4% increase in operating revenue to $347.6 million. Operating expenses were up nearly 10% from the year-ago quarter to $328.4 million owing to adverse weather, fuel and maintenance. Operating income was down 30% to $19 million. Mesa Chairman and CEO Jonathan Ornstein said he expects to see "steady improvements, quarter by quarter. I'm not pleased with the price activity in the stock." He said plans ...

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