MESA AIR GROUP INC — Director's Dealing 2004

Jan 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MESA AIR GROUP INC (MESA)
CIK: 0000810332
Period of Report: 2004-01-16

Reporting Person: POESCHL JEFF P (Vice President of Finance)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-16	Stock Option (Right to Buy)	$10.65	A	10000	Acquired	2014-01-16	Mesa Common (10000)	Direct

Footnotes

F1: Award subject to shareholder approval of Employee Stock Incentive Plan.

F2: Exercisable in increments of one-third on each of the first, second and third anniversaries of the issuance date.