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(Loss)/Earnings Per Share (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Sep. 30, 2024
Earnings Per Share [Abstract]    
Calculations of Net (Loss)/Earnings Per Common Share
Calculations of net (loss)/earnings per common share were as follows (in thousands, except per share amounts):
 
   
Three Months Ended
March 31,
   
Six Months Ended
March 31,
 
   
2025
   
2024
   
2025
   
2024
 
Net (loss)/income
  $ (58,631   $ 11,660     $ (173,188   $ (46,190
 
 
 
   
 
 
   
 
 
   
 
 
 
Basic weighted average common shares outstanding
    41,334       41,068       41,333       41,004  
Diluted weighted average common shares outstanding
    41,334       41,068       41,333       41,004  
 
 
 
   
 
 
   
 
 
   
 
 
 
Net (loss)/income per common share attributable to Mesa Air Group:
       
Basic
  $ (1.42   $ 0.28     $ (4.19   $ (1.13
 
 
 
   
 
 
   
 
 
   
 
 
 
Diluted
  $ (1.42   $ 0.28     $ (4.19   $ (1.13
 
 
 
   
 
 
   
 
 
   
 
 
 
Calculations of net loss per common share were as follows (in thousands, except per share data):
 
    
Year Ended September 30,
 
    
2024
    
2023
    
2022
 
Net loss
   $ (91,015    $ (120,116    $ (182,678
  
 
 
    
 
 
    
 
 
 
Basic weighted average common shares outstanding
     41,137        39,465        36,133  
Diluted weighted average common shares outstanding
     41,137        39,465        36,133  
  
 
 
    
 
 
    
 
 
 
Net loss per common share attributable to Mesa Air Group:
        
Basic
   $ (2.21    $ (3.04    $ (5.06
  
 
 
    
 
 
    
 
 
 
Diluted
   $ (2.21    $ (3.04    $ (5.06
  
 
 
    
 
 
    
 
 
 
Number of Weighted-Average Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss Per Share
The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted net loss per share because the effect of including such potentially dilutive shares would have been anti-dilutive:
 
    
Three Months
Ended
March 31,
    
Six Months
Ended
March 31,
 
    
2025
    
2024
    
2025
    
2024
 
Warrants
     —         —         —         —   
Restricted stock
     278        —         105        —   
  
 
 
    
 
 
    
 
 
    
 
 
 
     278        —         105        —   
  
 
 
    
 
 
    
 
 
    
 
 
 
The following number of weighted-average potentially dilutive shares (in thousands) were excluded from the calculation of diluted net loss per share because the effect of including such potentially dilutive shares would have been anti-dilutive:
 
    
Year Ended September 30,
 
    
2024
    
2023
    
2022
 
Warrants
     —         —         758  
Restricted stock
     —         —         106  
  
 
 
    
 
 
    
 
 
 
     —         —         864