MESA AIR GROUP INC
10-C, 1996-03-13
AIR TRANSPORTATION, SCHEDULED
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 10-C

                REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                INTER-DEALER QUOTATION SYSTEM FILED PURSUANT TO
               SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT
                 OF 1934 AND RULES 13A-17 AND 15D-17 THEREUNDER


                              Mesa Air Group, Inc.
- --------------------------------------------------------------------------------
                 (Exact Name of Issuer as Specified in Charter)


              2325 East 30th Street, Farmington, New Mexico 87401
- --------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)


                                 (505) 327-0271
- --------------------------------------------------------------------------------
                (Issuer's Telephone Number, Including Area Code)


                   I. CHANGE IN NUMBER OF SHARES OUTSTANDING

     Indicate any change (increase or decrease) of five percent or more in the 
number of shares outstanding:

     1.  Title of security    Common Stock
                          ------------------------------------------------------

     2.  Number of shares outstanding before the change    30,047,008
                                                       -------------------------

     3.  Number of shares outstanding after the change     27,981,008
                                                       -------------------------

     4.  Effective date of change    Reached an aggregate of 15 percent on 
                                     March 11, 1996 (an additional 5%)
                                 -----------------------------------------------

     5.  Method of change:

     Specify method (such as merger, acquisition, exchange, distribution, stock 
split, reverse split, acquisition of stock for treasury, etc.)

                            Stock repurchase program
- --------------------------------------------------------------------------------

     Give brief description of transaction    Purchase of stock by Company 
                                          --------------------------------------
pursuant to stock repurchase program announced by Company in December, 1995
- --------------------------------------------------------------------------------


                          II. CHANGE IN NAME OF ISSUER

     1.  Name prior to change
                             ---------------------------------------------------

     2.  Name after change
                          ------------------------------------------------------

     3.  Effective date of charter amendment changing name
                                                          ----------------------

     4.  Date of shareholder approval of change, if required
                                                            --------------------

Date   3/13/96                      /s/ Stephen Jackson, Chief Financial Officer
    ---------------------------    ---------------------------------------------
                                            (Officer's Signature and Title


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