Mesa Air Group Receives Nasdaq Letter

PHOENIX, Jan. 12 /PRNewswire-FirstCall/ -- On January 5, 2009, Mesa Air
Group, Inc. (Nasdaq: MESA) received a letter from Nasdaq (the "Notice")
indicating that the Company fails to comply with the filing requirements for
continued listing set forth in Marketplace Rule 4310(c)(14), and that its
securities are, therefore, subject to delisting from The Nasdaq Global Select
Market. Nasdaq rules permit the Company 60 calendar days to submit a plan to
regain compliance. Following review of this plan, the Staff can grant the
Company an exception, up to 180 calendar days from the date of the Periodic
Report, or until June 29, 2009, to regain compliance.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990210/LAW065)
The Notice arises as a result of Mesa's failure to timely file its Form
10-K for the fiscal year ended September 30, 2008. The Company intends to
file its Form 10-K later today and announce its earnings tomorrow
(January 13th ) and therefore remedy the deficiency.
Mesa currently operates 159 aircraft with over 800 daily system departures
to 124 cities, 38 states, the District of Columbia, Canada, the Bahamas and
Mexico. Mesa operates as Delta Connection, US Airways Express and United
Express under contractual agreements with Delta Air Lines, US Airways and
United Airlines, respectively, and independently as Mesa Airlines and go!. In
June 2006 Mesa launched inter-island Hawaiian service as go!. This operation
links Honolulu to the neighbor island airports of Hilo, Kahului, Kona and
Lihue. The Company, founded by Larry and Janie Risley in New Mexico in 1982,
has approximately 5,000 employees and was awarded Regional Airline of the Year
by Air Transport World magazine in 1992 and 2005. Mesa is a member of the
Regional Airline Association and Regional Aviation Partners
Web site: http://www.mesa-air.com
SOURCE Mesa Air Group, Inc.

Brian Gillman, Exec. VP & General Counsel of Mesa Air Group, Inc.,
+1-602-685-4052, brian.gillman@mesa-air.com