MESA AIR GROUP INC - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MESA AIR GROUP INC (MESA)
CIK: 0000810332
Period of Report: 2006-02-08

Reporting Person: ORNSTEIN JONATHAN G (Chairman & CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-08	Mesa Common	S	3000	$12.78	Disposed	0	Indirect
2006-02-08	Mesa Common	M	112000	$4.04	Acquired	0	Direct
2006-02-08	Mesa Common	M	3000	$6.6	Acquired	0	Direct
2006-02-08	Mesa Common	M	10000	$6.56	Acquired	0	Direct
2006-02-08	Mesa Common	S	125000	$12.61	Disposed	0	Direct
2006-02-09	Mesa Common	M	11000	$4.04	Acquired	0	Direct
2006-02-09	Mesa Common	M	89000	$4.9	Acquired	0	Direct
2006-02-08	Mesa Common	S	1000	$12.78	Disposed	0	Direct
2006-02-09	Mesa Common	S	30200	$12.6	Disposed	88000	Direct
2006-02-09	Mesa Common	S	100000	$12.61	Disposed	0	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-08	Stock Option (Right to Buy)	$4.04	M	112000	Acquired	2011-10-02	Mesa Common (112000)	Direct
2006-02-08	Stock Option (Right to Buy)	$6.6	M	3000	Acquired	2008-01-30	Mesa Common (3000)	Direct
2006-02-08	Stock Option (Right to Buy)	$6.56	M	10000	Acquired	2008-02-02	Mesa Common (10000)	Direct
2006-02-09	Stock Option (Right to Buy)	$4.04	M	11000	Acquired	2011-10-02	Mesa Common (11000)	Direct
2006-02-09	Stock Option (Right to Buy)	$4.9	M	89000	Acquired	2012-11-20	Mesa Common (89000)	Direct

F1: Shares were held by Mr. Ornstein as custodian for Mona Ornstein

F2: Previously filed as Indirect ownership by Spouse. Shares actually held in joint account.