Mesa expects fiscal 2007 loss

Mesa Air Group Inc., the parent of interisland carrier go!, said today it expects to report a loss for the fiscal year that ended in September.

The earnings release will be delayed pending a review of "certain estimates," Phoenix-based Mesa said in a filing with the Securities and Exchange Commission. The airline fired Chief Financial Officer George "Peter" Murnane last month and named William Hoke as interim CFO after a probe into possible misconduct.

Yesterday, Mesa lost its bid for a new trial in a federal lawsuit filed by Hawaiian Airlines. Mesa, which posted a $90 million bond and is appealing the case to U.S. District Court, was accused by Hawaiian of using confidential information obtained as a potential investor during Hawaiian's bankruptcy to gain an unfair competitive advantage in entering the Hawaii market in June 2006.