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Why Mesa Air Group Stock Is Falling Today

Why Mesa Air Group Stock Is Falling Today

Shares of Mesa Air Group (NASDAQ: MESA) fell 10% on Tuesday following the regional airline company's earnings release. The company is seeing stronger demand for its services, but maintenance issues and spare part shortages are restraining growth for the time being. The company also said it has invested in Heart Aerospace, a company that is working on a 19-seat electric aircraft.