MESA AIR GROUP INC — Director's Dealing 2009

May 14, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MESA AIR GROUP INC (MESA)
CIK: 0000810332
Period of Report: 2009-05-12

Reporting Person: LC CAPITAL MASTER FUND LTD (10% Owner)
Reporting Person: LAMPE, CONWAY & CO. LLC (10% Owner)
Reporting Person: LAMPE STEVEN (10% Owner)
Reporting Person: CONWAY RICHARD F (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-12	Common Stock	S	535161	$0.17	Disposed	14778509	Direct
2009-05-12	Common Stock	S	0	—	Disposed	14778509	Indirect
2009-05-13	Common Stock	S	394609	$0.16	Disposed	14383900	Direct
2009-05-13	Common Stock	S	0	—	Disposed	14383900	Indirect
2009-05-14	Common Stock	S	1300168	$0.15	Disposed	13083732	Direct
2009-05-14	Common Stock	S	0	—	Disposed	13083732	Indirect

Footnotes

F1: These securities are owned by LC Capital Master Fund, Ltd., which is a Reporting Person.

F2: These securities may be deemed to be beneficially owned by Lampe, Conway & Co., LLC, the investment manager of LC Capital
Master Fund, Ltd., Steven G. Lampe, a managing member of Lampe, Conway & Co., LLC and Richard F. Conway, a managing member
of Lampe, Conway & Co., LLC. Each such Reporting Person disclaims beneficial ownership of the reported securities except to
the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting
Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as
amended, or for any other purpose.