-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RCm90CqzET61GHVsUnz4keczO9LSJzaJ5vXNB+T5J7tIBVZrpH08K3ziY/OfFAn1
 Dt+qz3sbqR0LG73W3tK8BA==

<SEC-DOCUMENT>0000950153-08-000324.txt : 20080214
<SEC-HEADER>0000950153-08-000324.hdr.sgml : 20080214
<ACCEPTANCE-DATETIME>20080214155730
ACCESSION NUMBER:		0000950153-08-000324
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20080214
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080214
DATE AS OF CHANGE:		20080214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MESA AIR GROUP INC
		CENTRAL INDEX KEY:			0000810332
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, SCHEDULED [4512]
		IRS NUMBER:				850302351
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15495
		FILM NUMBER:		08615208

	BUSINESS ADDRESS:	
		STREET 1:		410 NORTH 44TH STREET
		STREET 2:		SUITE 700
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85008
		BUSINESS PHONE:		6026854000

	MAIL ADDRESS:	
		STREET 1:		410 NORTH 44TH STREET
		STREET 2:		SUITE 700
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MESA AIRLINES INC
		DATE OF NAME CHANGE:	19950426
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>p75002e8vk.htm
<DESCRIPTION>8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>








<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of<BR>
the Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>
Date of Report (Date of earliest event reported): February&nbsp;14, 2008</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>MESA AIR GROUP, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">
(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Nevada</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>000-15495</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>85-0302351</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction <BR>
of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission<BR>
File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
<B>410 North 44th Street, Suite&nbsp;100<BR>

Phoenix, Arizona, 85008</B></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
(Address of Principal Executive Offices)<BR>

(Zip Code)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
Registrant&#146;s telephone number, including area code: <B>(602)&nbsp;685-4000</B></DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD><FONT face="Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
</TD>
</TR>
</TABLE>
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: 'Times New Roman',Times,serif">








<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">Item&nbsp;2.02 Results of Operations and Financial Condition</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">Item&nbsp;9.01 Financial Statements and Exhibits</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="p75002exv99w1.htm">EX-99.1</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>






<!-- link1 "Item&nbsp;2.02 Results of Operations and Financial Condition" -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;2.02</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Results of Operations and Financial Condition</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On February&nbsp;14, 2008, Mesa Air Group, Inc. (the &#147;Company&#148;) issued a press release announcing
its financial results for the first quarter of 2008. The full text of the Company&#146;s press release
is attached hereto as Exhibit&nbsp;99.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information in this Form 8-K, including the exhibits, shall not be deemed to be &#147;filed&#148;
for purposes of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), or otherwise
subject to the liabilities thereof, nor shall it be deemed to be incorporated by reference in any
filing under the Exchange Act or under the Securities Act of 1933, as amended, except to the extent
specifically provided in any such filing.
</DIV>
<!-- link1 "Item&nbsp;9.01 Financial Statements and Exhibits" -->
<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.01</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(d)&nbsp;Exhibits.</B>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 5pt"><!-- EI Blank Space -->
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>

<TR valign="bottom">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>99.1</B></TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Press release regarding financial results, dated February&nbsp;14, 2008</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="002"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>MESA AIR GROUP, INC.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: February 14, 2008&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ BRIAN S. GILLMAN
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>

    <TD align="left" colspan="2">BRIAN S. GILLMAN&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>

    <TD align="left" colspan="2" nowrap>Executive Vice President, General Counsel
and Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>p75002exv99w1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><b>Exhibit&nbsp;99.1</b>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><IMG src="p75002p7500200.gif" alt="(MESA LOGO)">
</DIV>


</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Mesa Air Group Reports First Quarter 2008 Revenues and Earnings</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">PHOENIX: Feb.14/PRNewswire-FirstCall/ &#151;Mesa Air Group, Inc. (Nasdaq:MESA) (the &#147;Company&#148;) today
announced first quarter after tax losses of $2.8&nbsp;million from continuing operations on operating
revenues of $326.6&nbsp;million. Total operating revenues for the first quarter of 2008 decreased $6.9
million, or 2.1% primarily as a result of a year-over-year decrease in aircraft in service. The
net loss of $2.8&nbsp;million, or $0.10 per diluted share, compares to net income from continuing
operations of $8.9&nbsp;million, or $0.22 per diluted share for the same period of fiscal 2007. Pro
forma net loss for the quarter was $0.1&nbsp;million or break even on a per share basis. The pro forma
net loss for the quarter includes adjustments for the following items on an after tax basis: $3.7
million in costs associated with the return of aircraft to the lessors, $0.5&nbsp;million for go! legal
expenses, $0.6&nbsp;million loss from equity method investments and $2.4&nbsp;million gain on marketable
securities.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Total Available Seat Miles (&#147;ASM&#146;s&#148;) for the first quarter of fiscal 2008 decreased 8.0% from the
first quarter of 2007 primarily due to a decrease in the number of aircraft flown from 200 as of
December&nbsp;31, 2006 to 183 as of December&nbsp;31, 2007. At December&nbsp;31, 2007 Mesa&#146;s operating fleet was
comprised of 87 50-seat regional jets, 38 86-seat regional jets, 20 66-seat regional jets, two
76-seat regional jets, 16 37-seat turboprops, and 20 19-seat turboprops. As of December&nbsp;31, 2007,
the Company operated 51 regional jets and 22 turboprops on a codeshare basis with US Airways, 53
regional jets and ten turboprops for United, 38 regional jets for Delta. The Company also flew 4
turboprops at Mesa Airlines and 5 regional jets in Hawaii operating as go!.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As of December&nbsp;31, 2007, the Company&#146;s cash, marketable securities and debt investments were
approximately $188.2&nbsp;million, which includes $97.3&nbsp;million of restricted cash, of which $90.0
million is a cash bond posted as security for a judgment against the Company in favor of Hawaiian
Airlines in October&nbsp;2007, which is currently under appeal and is included in non-current assets.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Events during the first quarter included:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">- The Company placed the first two of 14 76-seat CRJ-900&#146;s into service for Delta Airlines. Three
additional CRJ-900&#146;s will be delivered and placed into service for Delta in the second quarter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">- The Company delivered two additional CRJ-200 aircraft to Kunpeng Airlines, its Chinese joint
venture. At the end of the quarter, Kunpeng was subleasing a total of four aircraft from Mesa.
Kunpeng Airlines operates regional air services within the People&#146;s Republic of China utilizing a
fleet of modern Bombardier CRJ-200, 50-seat regional jets.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">- go!, the Company&#146;s independent Hawaiian operation, celebrated its one millionth customer after
just 17&nbsp;months of service. In addition, an agreement was signed permitting Alaska Airlines to sell
go! tickets as direct connections to Alaska Airlines flights.&nbsp; go! signed a contract with the US
Government designating go! as its preferred Hawaiian interisland airline.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">- The Company returned three CRJ-200 aircraft at the end of their leases. As the Company grows
with larger regional jets (CRJ-700&#146;s and CRJ-900&#146;s), the Company is shrinking its fifty-seat
regional jet fleet, through sub-leases and lease returns. Seven additional CRJ-200&#146;s will be
removed from partner contracts this fiscal year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;We are certainly disappointed with the results of the quarter,&#148; said Mesa Chairman and CEO,
Jonathan Ornstein. &#147;We are confident in our plans, however, to shrink our less profitable fifty
seat fleet and grow with our larger, more profitable regional jets. We made strides in this
quarter in both initiatives.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;We are proud of our Chinese partnership which is positioning itself as the largest regional jet
operator in the country. And we are proud of the key marketing milestones reached at go!, our
Hawaiian operation.&#148;
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7"><B>Operating Data</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="7" style="border-bottom: 1px solid #000000"><B>Three Months Ended December 31,</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Passengers</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,587,044</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,884,084</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Available seat miles (&#147;ASM&#148;) (000&#146;s)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,120,137</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,304,587</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Revenue passenger miles (000&#146;s)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,550,131</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,694,773</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Load factor</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">73.1</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right">73.5</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Yield per revenue passenger mile (cents)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19.7</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Revenue per ASM (cents)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15.4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14.5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Operating cost per ASM (cents)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15.4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Average stage length (miles)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">398</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">397</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Number of operating aircraft in fleet</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">183</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">200</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Gallons of fuel consumed</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">41,455,546</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">55,290,884</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Block hours flown</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">128,558</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">144,468</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Departures</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">84,984</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">96,034</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Excluding one time items</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">






<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>MESA AIR GROUP, INC.<BR>
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6" style="border-bottom: 1px solid #000000"><B>Three Months Ended December 31,</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6"><B>(Unaudited)</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6"><B>(In thousands, except per share data)</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Operating revenues:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Passenger</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">323,203</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">330,970</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Freight and other</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,389</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,563</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Total operating revenues</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">326,592</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">333,533</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Operating expenses:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Flight operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">93,571</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">95,183</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Fuel</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">115,919</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">114,239</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Maintenance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">72,010</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">57,900</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Aircraft and traffic servicing</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19,655</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19,231</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Promotion and sales</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">781</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">814</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">General and administrative</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,992</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">16,662</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Depreciation and amortization</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,587</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10,309</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Bankruptcy settlements</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(620</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Total operating expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">326,515</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">313,718</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Operating income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">77</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">19,815</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other income (expense):</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Interest expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(9,681</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(9,844</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Interest income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,600</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4,533</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Loss from equity method investments</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,052</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(70</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Other income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,903</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">205</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:45px; text-indent:-15px">Total other expense</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4,229</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(5,176</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income (loss)&nbsp;from continuing operations before taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(4,152</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14,639</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income tax provision (benefit)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,395</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5,753</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income (loss)&nbsp;from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(2,757</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8,886</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Loss from discontinued operations, net of taxes</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(1,449</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(874</TD>
    <TD nowrap>)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:30px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income (loss)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(4,206</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">8,012</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:30px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Basic income (loss)&nbsp;per common share:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Income (loss)&nbsp;from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(0.10</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Loss from discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(0.05</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(0.02</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Net income (loss)&nbsp;per share</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(0.15</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Diluted income (loss)&nbsp;per common share:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Income (loss)&nbsp;from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(0.10</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Loss from discontinued operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(0.05</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(0.02</TD>
    <TD nowrap>)</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Net income (loss)&nbsp;per share</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(0.15</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Weighted average shares &#151; basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28,542</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33,632</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Weighted average shares &#151; diluted</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28,542</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">44,930</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Dilutive interest on convertible debentures
included in interest expense (after tax)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">*</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">909</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="6" style="border-bottom: 1px solid #000000"><B>Three Months Ended December 31,</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2007</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000"><B>2006</B></TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PRO FORMA (After tax):</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net income (loss)&nbsp;from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(2,757</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">8,886</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Net gain on securities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">(2,385</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Loss on disposal</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">68</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Costs associated with the early return of
aircraft, primarily CR200</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3,658</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">go! legal expenses</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">477</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Start up costs on China JV</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">153</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Loss from equity method investments</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">648</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Pro forma net income from continuing operations</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(138</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">8,956</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 3px double #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Pro forma income per common share:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(0.00</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Diluted</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">$</TD>
    <TD align="right">(0.00</TD>
    <TD nowrap>)</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">0.22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Weighted average shares &#151; basic</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28,542</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33,632</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:30px; text-indent:-15px">Weighted average shares &#151; diluted</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28,542</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">44,930</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Dilutive interest on convertible debentures
included in interest expense (after tax)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">*</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">909</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Excluded from the calculation of dilutive earnings per share because the effect would have been antidilutive.</TD>
</TR>

</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">To supplement our consolidated financial statements presented in accordance with GAAP, the Company
uses non-GAAP measures of pro forma net income and pro forma earnings per share, which are adjusted
from our GAAP results as shown above. These non-GAAP adjustments are provided to enhance the user&#146;s
overall understanding of our current financial performance. We believe the non-GAAP results provide
useful information to both management and investors by excluding certain charges and other amounts
that we believe are not indicative of our core operating results. These non-GAAP measures are
included to provide investors and management with an alternative method for assessing the Company&#146;s
operating results in a manner that is focused on the performance of the Company&#146;s ongoing
operations and to provide a more consistent basis for comparison between quarters. In addition,
since we have historically reported pro forma results to the investment community, we believe the
inclusion of non-GAAP numbers provides consistency in our financial reporting. These measures are
not in accordance with or an alternative for, GAAP and may be different from pro forma measures
used by other companies.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mesa&#146;s first quarter results will be discussed in more detail via teleconference on February&nbsp;14,
2008 at 11:00 AM Pacific Time, 1:00 PM Eastern Time. The live audio Webcast of the call will be
available on Mesa&#146;s Web site at www.mesa-air.com. There will also be a replay of the call available
beginning approximately one hour after its conclusion at the same Web address.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mesa currently operates 183 aircraft with over 1,300 daily system departures to 181 cities, 46
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&nbsp;2006 Mesa launched inter-island Hawaiian service as go!. This operation links Honolulu to the
neighbor island airports of Hilo, Kahului, Kona, Lihue, Moloka&#146;I and Lana&#146;I. The Company, founded
by Larry and Janie Risley in New Mexico in 1982, has approximately 5,000 employees. Mesa is a
member of the Regional Airline Association and Regional Aviation Partners.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This press release contains various forward-looking statements that are based on management&#146;s
beliefs, as well as assumptions made by and information currently available to management. Although
the Company believes that the expectations reflected in such forward-looking statements are
reasonable; it can give no assurance that such expectations will prove to have been correct. Such
statements are subject to certain risks, uncertainties and assumptions. Should one or more of these
risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual
results may vary materially from those anticipated, estimated, projected or expected. The Company
does not intend to update these forward-looking statements prior to its next filing with the
Securities and Exchange Commission.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">SOURCE Mesa Air Group, Inc.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Bill Hoke of Mesa Air Group, Inc., &#043;1-602-685-4010
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">http://www.mesa-air.com/
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>




</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>p75002p7500200.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p75002p7500200.gif
M1TE&.#EA>@!S`.8``/;9!/9M`'HEA&L8>O>H`;Z<Q<>7R(PVE/>#`#H`:T8`
M9E0#:.7+X_KT^?A(`/A8`/;)`O>Z`6LI>+9[M[J#N_7J\_[]_NW9Z_GB`_/E
M\=.KTZ=DK/CB;/:5`40`6:-:I]R[V\^8%9Q0H<N?S/C%-5H3:I9(G?WYR/OO
MJ(U"EO[\X/WZ_$D`7JM&*=:H%;!P*W$83>O6Z7@F2>O'"<&-PM=X#9=8GI%)
M/9U64[QB&X(S1^&V"_4]`//D`[V"(?KO#-6OU?SX^^##W_#B[YDX-;)TM?KJ
M(MJVV:ILKN_=[3T`4UP&6<>25?CQ]]Z_W>B<"N_?[NC0YM9=#MBQUM"BSNNB
M,ZESK8Y/E^ZH![%MLX5!CF$25\^GT/?M]4\'89]DI/?F&.B."\F.%O71!?[]
M^N?.Y50-9=^\W?[^[&$8<?KI"$T07V$)<N"]#WDWA?OV^D<'6L!T'6(@<-BY
MV4`)4>+&X=>SUNG3Z-^WIV$>5*->..[;XOVQ)$P`8O____KG!"'Y!```````
M+`````!Z`',```?_@$9_@X2%AH>(B8J+C(V.C2I^DA8-275U%T&2FY*"CY^@
MH:*C@VJ1?A91$VYL;`(%79R=I+2UMJ`_ITU?9AZ^+`,&%K*>M\;'QKFH=Q(>
M?6X2+'U70\3(MQ@`&->DRD%V9BQ73E-72FY'UMRD`!T.$=OKN)%O7%YI7!86
M=1X2(^KR0HT)P*,#@("?E#48T6?`%$D7^L@Q`)`;A@@0XC4BP*/@082.%#*4
MD,Y/!HG_].DKQ@T`CP<1'G%T8/`1A#'R1#:D<>E(GS03A(`8"H7E-9<\`FA4
MA*$##YH?&4$(@"!GI(5]&@X8P"9KJZ\TC"+#0#``3D8`$#RMR6A@4JM^_Q:R
M4.)!B5U?=>UZF2`6F=L.9Q5%>/`40=1$4SL2@!MDCALW6B)?F7S%AN4O1_HB
MBQ#`00`(BS@^?0!:T50'/!`$OJ;,0I=+#&+?N1/C0I+;&1IH/H9!K>?5AD0[
M>,=4=("8<%&I7#ZLHCRG'4DGFCF<P-)"$5"G/LPZDH4*1^P<T3!BA('S0"XT
MF`72+>H`W`=1AYK('>K%`15R8;.@OW__;!2AR6[($##<>]?],1];A@`P7%+Q
M(:-0`795:"%=7E"P`H''I/54==<)1Y\A8R!P8`<@>0-"9%JDD((),)K@1C@#
MU,'A,4X="--2(IK5H(FH28=0:PU<$$,24"0YQ/^246Q@Q@)(W&A,C@]^5LA\
MQ!'2SH$T)=B=+&!*4H8$?1P@Y2%C1!!!A(A`P&60R"GXX7!5_8$!!$#2Z>67
M8<I2@1MEGDEB9P_XR$A3<Z+&EF\ZKDG``UP*>2@$!""042C*],E)'62:20IT
M+Q$@ZJ6(8$#8FP2,X>:;7":*P)Y:<H::I:*T%D0%N%:0P:Z[@G"`%POPQ4X'
MD*(VW'%C:!-BH@X46BRKT%I72#805`N!K-&1.H\?*Y2QP0?@BB"N"2D(X(4'
M`EP@:*G7=M:19QT0@)%&$#Q[X+O0LLI#:7:F:=^]3\'7S54CY'5AA24`X<>Z
M3,FJ74<!R#M&-HSF:_'_@Q-G\VA'3W%<*+^CB+0&'&N4;'()<@A``7O&`/#H
M</92A0"D#]1L<\T7<]E!NSHV"S,\MK0V1'DC:&`T$$`<@<D;+!N#P<LW1XHS
MS3[?;/75"!`:M6=`!WV*!2N$W=P;FCB'S:-7IZWVVFS_#.NVG`0AA`$39%$$
M#4XTL0G#CEQ4<P!L!R[XS?&"[#4G0U`@@1EP-+Z&!!N4T?0U]18:P.689Z[Y
MYIQK7O/$W&3J1Q(VP%&AP><PS?<G`%C>^>NP9UYSG'P&@8072K`@@`@?B"!`
M'Q[`L?+JG^!Y>=:Q)Y\Y`FN^34MKS"@Q`!6Q2-+$"-&P<0;Q?;>#P/?@AR_^
M__CD@V\0!NBG[WQ"]&C@A1D4E,T)#6GT(0+W3`&@9J7E]^]_^/%2DP#5!)R!
M^:$)!NB''<($!4`)`'\*(H`V*"6J#G3@>Q;,H`8WR,$.;K!_#'I>)!#H`3<X
M(4Q-`-0`\->4>%70@S",H0QC*,'U+<(4!RR`!P:P0#!%(1IFR@8`ADC$(A)Q
M##.8P1B6.`,LB*J"3XRB%*=(Q2H^<8:BB@`6PE"#&CQA!CO`@A*-2,8A@H$>
M]MA+$Y@SA`\\B0),"$$<<D#'.MJQCD0@@@Z(T`(]$B$'3QB@`)\8`2L:\I"$
M%*2HN-@"&<!@"S#0@2-EP,<<M."2F,QD"W`P!+`Q0/\"2DC#""[0A09D(`I%
M*`&ZH)`&!23@E;",I2QG^4H8Q"$$8LA!#<*`!8QH45Z(#*84L?"$)Q`S#(R$
M01\4X,I7-I.6T!Q`->+R!=RABW<I&(`OS/"05F;EF^`,ISBSPDP6+&$!6=F"
M#%H0!R+((`[5$J0\YTE/-85`!I"$`0R6P$]7*F"<`!TGNJ8Y.BNH\D(L`(HD
M!A#0AHJ3F1"%Z!(4L(476.NB&,VH1C$J!B_,DID.#2GP!$!0/T"!!EK@"AM*
M,(`K&*`""Q6I3,/I2AGX8`=+S.D2-\I3C(YA!SI8YDQG.E!9K$`((Z"!4KF0
M";`U@*%#G:D"O""&'O2@C%C_S6H90W"#)415I$4U:G,XT00[3`&J7W6H`I80
M@GB@SZIPC:M<YTI7J_YA#&(0:EH!&E9)9&`*%.!"$C@!!224X`-HW>M#%0"#
M-MC0%AC(0405"\ZP[N,*:Z##&@80!3\$80IN@$,?$$O9<6Y!#SLP1#8>&PH`
MN.`&^"QM5HKZG2O`P1E]4,(5DC`".7@@H31(;&G-8-,9:`0`;7"!&%S`)M:U
MH0V'R<8,7@"#?U*6M@SP;0D.(``6R`$);LB='&A0`>'NU0LR>,%J,-"&%^3!
ME5MP@2U>X,@7&/<0(="!&:R;UJ*^`1Q>*$(ENKL`%GCA`%2(*669>8/4$@(#
M+O"!_PP2\$\%F$$,MM@OA6_@@S8<8KHWV`)_A^I?]Z5!`ZB8`%W,L($8-,>\
M4OVG'@*S@Q?@(`\4_B9%Y5N+&WB!G%[0@1YX7`@`<'7$,BWQ/5`<!`J$$@DP
MW02,1;I6#H^A!S,0@QYTX`60@E,!-YC!(S`0@K8:P@4B)B<S9:"'.,3!!V=A
MKPZ0'-)5^N$-)F8R!3R@A3O(8LIJK:B8_T#?/'29SHQU08+N.RT7Y"$//FC0
M"VCZSRU86@<A.$@/VG"#J"KYQ"MX@P&48`.R!>'40:A?6M4[B([F>)S_-'.1
M=;`&&#3H!@SF3AMD0&<UKZ$$,@C!#]HPYV^RX+<!M3.>@?\E@B)DX0"ZZQV,
M1&"`W['@VM((J8S!.-%>ZU@'P`%J`J2QFC'P6@$Z\'`AQM""<5Z[#PO@3TV)
ML(5O>L`,)CA`@05*TCN[SV#.0)T2/E"!%)2`I0-(PX]EZF6`OB\-+UB*#W`L
MU-7X8`W?A($/H@*`%RP\*RPP@P`V0(4R).$"4\B"N?YY;3<HS`G-X#<4XF*/
MWQK8"SC/^?N0$)<Z,*"42:`!&[*]5Q:4X`H\20(''KP#7I-S"4O!-;9E'!5.
M@YP%;C!`]601!1L<F\49D,0=M(#L<!9U!7?(@MV*,`$*N%VI-##`"#H;)A$0
M_:LAST+8)8$"-=B)TUY>JR'B4(+_!9BA#]=>`JL'@>9C:\$)*^A3$R9P+AMD
MH#EC+WME!3!S3:$P"&.%R`#N/E/';]T/??_##'#]Y2400@T_($'=)F`#.0AU
MQH,`P`U8(`&Z<\(";QC"'>P@`CBDH0YCS3SI1UI23JP`"K.)0A3V7IGF^X$*
MB/^J!]A0`$Z08>FK?_4WES`&,'#@!"=``QGTT8`RI#(K.HCT'WR@`V%P(@,4
M$($6H*'P<T19$C%`=LMG9YN0.!3P!DV0`A*P@'*@!9J0!B5``Y%W?P*`6T.E
M!`)0!YR`!AR@!C>P7^+D`4R``BI`!F!B`5"@!1D7!QA0!7BP=W=6#FF`3M)P
M;=)S`6,%_P4FH'GVUF\0\07;U01=,`"Y\UM>D&"CYP90$'IO4`395WH>D`(7
MP`DGP`%B@''B!`Q[@`:;L`*A9P%(0'0R\`0<H`+#8`$9,`$#X`4#R`8@,%9=
ML`%L&(*<APH-@`1FH`1LT`5#Z`'QAG@'T`2CEP82^'MUL&]$U0=0Q@DHP`3O
ME84UTAP6<`)XP`"A5P0?MP1Z<`(FR"T&D`;O%H)]0`43B`HTH$IT6`T6$`/A
M909%@(!K*`)SH`5>P`8&`%4IL!Z<4`%:$(I@-0`CP#23``0Q%TXLL``)M@DG
M0`)$,``QP`D;`$XLH`5;UP45N'P@YP'QPPE'`$IT.'-O``3A@/\$:S2$7L!S
M0&![!\!0O&>)SD<#B`A6;J"!78@]RZ<[__=]'2`#<+`!DF@#TDB-FW`'0Q=0
MQX8$P@B`9)>*<3$"":4!PR"(7K`!)@$H:<".`5:*DE`'O8B-6<@"5E!2*]!;
MI,<";)`/DD`&*,`'-5!OG.575V!L?6`#NN@'-/"$?)4"73!638B%FS=S#9!`
M$@`"DC"2!J"!0="+%XEXXJ`WG-`%$Q"/#>4!)<`%">E9!B`'=R<-N[4)7<`!
M'4`$/P8_DI`$*@AR9I`%"3D!.,EO.,@)7.!;9M=O"[%#"B,)IQ9Y&>`&N@-5
M6)<$7P@$U^A0Q^8&41!Z04`_6\D&-%#_-BK)!U)075EQ`&''`'P)<A-1BD[H
MD;.E/1I9!P*@!',)CNZ3(?*S"?3C!:2%>'(@!!KI!Q50!+[(5^?HE)N0F*!H
M;--(CW[PE0C0`A.5%0MP`/EV>"`WE&,5C9P)/*-XFA5@`J)960,P<Q;`##ND
M`:78!!0P>L[HEV9`!:>)"G:@2LOI`7(`!*'G68II;,%2DRA0!53A=%?GBUCG
MCI*0`FV9A1XP`5?9!1\0G?8VG=;S`<?&!@>P`5D@`OK&`G!@`"O@EPM@`.'9
MFWS)F8XWA;*@G25`=+H#D9M@`&P@`U(@GP#5CIP`;<N96Q]0DW'QG\8HH*C`
M`%I`%WZ(3GEQ_P5ZDU@48)N<,`$;FFQI8'^RT`5%$`Y7AP0$M0+F(%.\=P1C
M=0#Y:79]<(!DM0$`.ELP*@E#,`$2,#(D4P)N0`'3A%8L,`$\N@E1<)D`!0=7
M@*%^@@2(&')":A)$J%<-Y5T>*@DH.I4"4`:AUP16^J*=MPE-(`04\"U90`-1
MD)!D:J9AL@)%BHU&YZ`6<`%W4),9H)P@EP8E(0D,<&Q,*@=4\*11:FP>L`$L
MRBU.=G<[-*B<T`!\V`3AV:AGN@DQT%WCI%N#-00V8`)^IJ4?D'W')@#/N`D%
MDZ+&)@=YZ@=["E!*4`)O""9"D%O2^9:>]V?&MJ-]8@$?,(?@1!>C.O^2CR,Y
M?J6IUY:+MYD%5TJ8)$&J'GEL*5`!Z4FG5[I#+G:MV)I]%*"+(!">7)`&%I@5
M&!AV&?`%2J`%Q6H2&[!O!N:/FU!PZWJGREJ*S2J*KQ@F09`"]3H`UHJO"G:,
M!L`T4^`/&JF#FN<+%``V=@!*-C"H%9`%#!N!]W<`$6N0);"->EJJP-.N![1&
M/4H7`7JO'ONQ9C`"FB`"H71Y7>@$"V"!2G``,#4$!NL!2`"#F<JP`T"4\T,7
M)8EMTNB*\E.QE:6(>V<`%`"#?C`%"P"@.]2QG@=\3P5R)3`%D2<"'D`'(Z"1
MSXEL]P8$86,'1+@`-&";%^!U-2@`:`N;5U#_`K>%%\'3.+=E;&D9MJ5:0G8P
M#$%P`"DP6)N0!*$9M&/E&DDP!*<9!%&`!!O@EQ*`?'Z0`G-A`Z<7!$#`!K_E
M`5>PDQD0AGI(`S4IHS;G!2;PFB9!!0GJ(B8@`ALP`1.P`;^#E@*R"6(+<E[P
M!=-4!VS@!@E[9T60.UAJK4T``E90&5KG5R.@@NL(<M@[#-U50D(0>E!@=TI@
M!@[J!X!+%[98DR#@!LZ0=WVR`DT`!1=P`5`P!!7P!F]0`09@G'E'N?<H!T8K
M"5G0#UJ+EU0`JL#CC,,PDFY@3;:(AD6@31Y@`JJ&=9WD!]T5<HZZ"<MV#G<P
M#%^`%_>["=VXOS<[_[2R``(*K)H)&;W'=@6_V@2A.5Z_5P9L$)UM.PR\6!=L
M>+`,0`-YV`_TPY0X&E.%V;Z((P$1N!XQ4,3`$\.2,+(!%Z1A8@%-D`$5T`!A
MD\;^BXD@9S\U":4EV:#".`5%[`4BL'5DK+%8ZF(KD%TE9+:&)P!I()H^W`#U
M(PT?$'E-4)`><(ZG^08T0`%O&<'2L$-4((PC";#`<V*R$`0CD`7DD@*\`RZD
M+`)D*@YO/)N;?)C<\@$VYP;DBI=6P+<<:P&-40)FP+O^Z0RA5`2_>L@9Z0=#
M@(@E5,*3T`1K9`%',,A8ZK>2T`"G&'`#<`:;X!HBX*6^`+G:#`<<.HU;9_\"
ML\D"=+"BJ#`'FFR>G>J)3=O%+O8-9E"5DC!JWL4%\BH)AUP"(S`,#/"$]V8'
M$]J;*5!VZ.*DSTP_`2<`OWIG-&`ZV-;0#FUV6@"#FFIO)>"AF<JW^!RZ9R`'
MHKE]A^G.\.P'HR8'^SI6ARP!Y&H`ODBU2R@+%D`%Y]*#)U30FLP"@;@)&4"S
M>)>^DK"9IFH"U3/#L[47+)J"M<L&'PT.(4T%MOM_]HQX;K!W-'"R)Q:>$$MT
MZ#+3<6'0@"@_#52S#M4/]CD!]/F=17F*V=;#;@J;7W!L)IG4[VP`23+5/AP#
MLQ$#&3!ZTRB,9"V-I&;,W.+$K"H`6@W--9T"8S7_!.&E?1(PUCAYL%%6!JZ+
MU?@L/T'PB;Z`U+8,#KSW&/5C!@RX@(AE8"90-AM`>J'DSP-Y!0$[4H7-U7:,
M.)_K:8W='&R9UL(3>9",BL#C"QEBFQ:0O[^EV2ML(0+WM*-G!D@P@01JC$I0
MM9(`R9J\>:^-BJJ)./K+V(Z=;1BHM67`VGBQ``/@!E\@!*=9N)EMB6]P!`.`
M<%OQW@(@`0(@`!_L7:/*+78G3AA(CQRIREF]"="L2HV<!825W;2]W8BG!$40
M=A:0E:+)!EJ`-V60`>$)E;C#!G7@A14P!W-P!F<@!)<`&['!`$-0/V[`N1G0
MB_K]`=6P`E'9VJY]FYA]_V\K4X`&3F*UW=/9MT/]*LR`<@`3D`1H/*]%J0&@
MA.&1QQR>5S\I,(%EH*;?I(>09U*#.9=:;0%&[@LE0!$XK=,'WAR:Z@%6`%.>
M/`!%X-2>%P7FP`:NZ5DQ,.)UX.%R?@9'<`1ED`:N.('K*9.\:P%)\,+8^-]%
M&9=T<0`)#9O0N=/6BJ)]JPE!@`G.5P$QX`1)DP3.B01ZZ)I!X`0,Y1^F^@N"
MO.61MP(+RZHG:4H4L,[\IM4K0`4</0!<P*(5@+11=6U:\'_76$(M+0N5``3A
M*P`#(`$V(`2<`,ETP.:A)HX'X[B_=0!I(`<SG0$Q:78+4`13H(8\2-W5[`17
M(/\!@YNAVUOK+$"3UC-Z]V8%++H"71`#(_`%9&+<-A!Z9[`&R-['*?`8+-(B
MQGN\IQC1DD`%T3!.*!/3R4;8Q7X'=?`&E`#<(!"YQIAL$:CGN94&1;#K%C`$
M!F`#B_,+W\H&:YT$<K``D`=\EGHDMP$%O((KMT&(3`.&!:F?*8HNQ!XF07>7
M?A6::9WMTHAU][H"-'NSTX2&&B`"<M"X`]@'*$:H*2#RPMO)O*4%(C`!2EL!
MTZY8,A\F=R@!$^!\0G#"!C8`)@"0`B4'7#"!#+``:T`#U;,/M7<N%KJ?O^>C
M4WZ"ZLX`JP"P`E#/?O!)R,JG5OQ[7,"X'^#2=Y`";##_`!\P!TFPSZ1'E1.@
MBQ:`B=J*"A=`BSJOWR80>AH@`&W^>_[K!*NP!AB2`M5L`.AT70)`T+M(LS:-
MYJB@*W@)`N$,/Y`?`RG`Y9)0<)>?J^G""4E``3%0BK:<!'8`IW81<@(P`0F=
M`6)_7=,3GF5`G@.PK"=8L+F#;5X@`52:^S:0`O+STD::9&R0C'@Y!#Y+"1<P
M]&O+O5#BII2P'WT_E?9CG]^QT-?F!5)(Y&^@"H4'"&8E)6Y(%RM^B18T<E^)
MB1E(+"Q]E9:7F"QP68^=?A89%%IF2AX+;BD#"W,6CQ4&;I28L[2S+%Y7&A5=
M91,2'I4L9DA1B(\KKU=F;!0T_S0C0@V=%C%N'E:=3EJRM;0>`A6>B4%.::5L
M5Q1"(%I]0,9!%!+<W?68'BR%5E<E^)8L);[4>=.J0:]Y'@8$$:>H`@4SUQY9
M,#"`GKU*'MAH8!C$3@DE?01H:+)"2#L-"_U,Z&?QHCT6^+S@L^C!BYL)=6)0
M<`.1$ALJ;\2!8N3A6S@_%9`L:/G2@XBCG<BEP4?HR@@J;OIP22G'I=>O_^"L
M*>%ETJ4U)J`$61ND"9`4,OO`I-$DR!EK3%]ZF=#$DX4&=D2PP><!3HD%6J7Y
M20.VL4NSM#3=Y$(ERP$S92UY,/.!@@C$CH.5*#*DE<0@%1@@&="G*"4!%"J\
M81RZ=FKC27#@R(1\"2:<O%\UR5&74F*#+E-L2"C1&@Z;#;1M2Y].O591`7=,
MBPO"H(B;-&4%1*].OGQM8",4,TQT@<85"2G&FY]/OQX+-D>*KT^$7,.(`@`&
7*."`!!9HX($()JC@@@ERT==^#`4"`#L_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
