MESA AIR GROUP INC — Director's Dealing 2006

Feb 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MESA AIR GROUP INC (MESA)
CIK: 0000810332
Period of Report: 2006-02-01

Reporting Person: LEAKE CARTER (Sr VP of Corp. Planning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-01	Mesa Common	M	25000	$4.9	Acquired	0	Direct
2003-02-01	Mesa Common	M	75000	$8.06	Acquired	0	Direct
2006-02-01	Mesa Common	S	100000	$12.27	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-01	Stock Option (Right to Buy)	$4.9	M	25000	Acquired	2012-11-20	Mesa Common (25000)	Direct
2006-02-01	Stock Option (Right to Buy)	$8.06	M	75000	Acquired	2011-01-11	Mesa Common (75000)	Direct

Footnotes

F1: Weighted Average Selling Price