Will Bankruptcy Prevail In The Airlines?: MESA, RJET, UAIR, DAL.

0 Comments | M2 Presswire, August, 2004

M2 PRESSWIRE-30 August 2004-InvestSource Inc.: Will Bankruptcy Prevail In The Airlines?: MESA, RJET, UAIR, DAL(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:08302004 Stocks in the News: Mesa Air Group Incorporated (NASDAQ: MESA), Republic Airways Holdings Incorporated (NASDAQ: RJET), Terra Nostra Technology Limited, US Airways Group Incorporated (NASDAQ: UAIR) and Delta Air Lines Incorporated (NYSE: DAL).

Mesa Air Group Incorporated (NASDAQ: MESA) shares lost 6.15 on Friday to close last week at $6.56 on above average trading volume. Merrill Lynch downgraded the company from "Buy" to "Neutral" last Friday despite a 50 increase in revenues to $636.8 million for the nine months ended 6/30/04. Republic Airways Holdings Incorporated (NASDAQ: RJET) shares lost...

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