MESA AIR GROUP INC — Director's Dealing 2006

Feb 10, 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: LOTZ MICHAEL (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-08	Mesa Common	M	75000	$4.04	Acquired	0	Direct
2006-02-08	Mesa Common	S	75000	$12.61	Disposed	0	Direct
2006-02-09	Mesa Common	M	25000	$4.04	Acquired	0	Direct
2006-02-09	Mesa Common	M	75000	$4.9	Acquired	0	Direct
2006-02-09	Mesa Common	S	100000	$12.61	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-08	Stock Option (Right to Buy)	$4.04	M	75000	Acquired	2011-10-02	Mesa Common (75000)	Direct
2006-02-09	Stock Option (Right to Buy)	$4.04	M	25000	Acquired	2011-10-02	Mesa Common (25000)	Direct
2006-02-09	Stock Option (Right to Buy)	$4.9	M	75000	Acquired	2012-01-20	Mesa Common (75000)	Direct