FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

OMB APPROVAL

OMB Number 3235-0287

Expires: December 31, 2001

Estimated average burden

hours per response 0.5

•

Check this box if no longer

subject to Section 16. Form 4

or Form 5 obligations may

continue. See Instruction 1(b).

(Print or Type Responses)

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility

Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person*

PARKER MAURICE

Issuer Name and Ticker or Trading Symbol

MESA AIR GROUP, INC. - MESA

6. Relationship of Reporting Person to Issuer

(check all applicable)

Director 10% Owner

(Last) (First) (Middle)

410 North 44^th Street, Suite 700

3. I.R.S. Identification

Number of Reporting

Person, if entity (Voluntary)

4. Statement for

Month/Year

~~October 4~~February 14, ~~2002~~2003

Officer (give title below)

____ Other (specify below)

__________________________________

(Street)

Phoenix AZ 85008

5. If Amendment,

Date of Original

(Month/Year)

7. Individual or Joint/Group Filing

(Check Applicable Line)

_X_ Form filed by One Reporting Person

___ Form filed by More than One Reporting Person

(City (State) (Zip)

Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security

(Instr. 3)

2. Trans-

action

Date

(Month/

Day

Year)

3. Trans-

action

Code

(Instr. 8)

4. Securities Acquired (A)

or Disposed of (D)

(Instr. 3, 4 and 5)

5. Amount of

Securities

Beneficially

Owned at

End of

Month

(Instr. 3 and 4)

6. Owner-

ship

Form:

Direct

(D) or

Indirect

(I)

(Instr. 4)

7. Nature

of Indirect

Beneficial

Ownership

(Instr. 4)

Code

Amount

(A) or

(D)

Price

MESA Common

10/4/02

1,500

3.65

3,500

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

Potential persons who are to respond to the collection of

Information contained in this form are not required to respond

unless the form displays currently valid OMB control number.

FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conver- sion or Exercise Price of Deriv- ative Security

3. Trans- action Date (Month/ Day/ Year)

4. Transac- tion Code (Instr. 8)

5. Number of Deriv- ative Securities Ac- quired (A) or Dis- posed of (D) (Instr. 3, 4, and 5)

6. Date Exer- cisable and Expiration Date (Month/Day/ Year)

7. Title and Amount of Underying Securities (Instr. 3 and 4)

8. Price of Deriv- ative Secur- ity (instr. 5)

9. Number of Deriv- ative Secur- ities Bene- ficially Owned at End of Month (Instr. 4)

10. Owner- ship Form of De- rivative Secu- rity: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Bene- Ficial Own- Ership (Instr. 4)

Date Exer- cisable

Expira- tion Date

Title

Amount or Number of Shares

Code

(A)

(D)

Stock Option (Right to buy)

$7.31

11/23/98

5/23/99

11/23/08

Mesa Common

Stock Option (Right to buy)

$6.25

4/01/00

10/01/00

4/01/10

Mesa Common

4,381

Stock Option (Right to buy)

$8.562

4/01/01

10/01/01

4/01/11

Mesa Common

5,743

Stock Option (Right to buy)

$12.24

7/13/01

7/13/11

Mesa Common

732

Stock Option (Right to buy)

$10.74

4/4/02

4/04/02

4/04/12

Mesa Common

6,140

~~17,084~~

Stock Option (Right to buy)

$4.64

2/12/03

3,000

8/12/03 (1)

2/12/13

Mesa Common

3,000

20,084

Explanation of Responses:

(1) Options will vest six months from the date of issuance.

_/S/ MAURICE PARKER_____________

02/14/03

**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. **Signature of Reporting Person Date

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed.

If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not

required to respond unless the form displays a currently valid OMB Number
Page 2

Filing Compare · PARKER MAURICE A