Mesa Air Group, Inc. (fka MESAQ)

[Wheeeeee]

Can you please enlighten me how fuel is important to mesa, not airlines in general, but mesa in particular.

They have the contracts with delta, united and the 3rd. Then they have 4% of their revenues coming from GO!

The contracts indicate that fuel is paid in full up to a certain level. But I seriously doubt that such high prices were relevent during previous 2 quarters. The GO! fuel use is minimal compared to their entire set of income related to flights. So yeah lower fuel prices are relevant to 4% of their income or so ..

Please correct me if im wrong, i'm recalling that 4% from the top of my mind.

Im not good at making earning estimates so what I basically do is take the concensus and dividing it by 2. Then apply a P/E of 6. So lets assume crap earnings of 0.10 then we would still see 60 cents or so. Earnings will most likely be alot higher than the measily 10 cents I take as base. Heck we can even have earnings of 0.6 to allow for a near double in price. So even if we are off by a longshot we still double :)
So many things indicate higher profit though. 14 days till liftoff !