STOCK TITAN

Mesa Air Group Reports September 2021 Operating Performance

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

PHOENIX, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for September 2021.

Mesa Airlines reported 29,524 block hours in September 2021, a 35.6 percent increase from September 2020 as a result of continued increased flying and the relaxation of certain COVID restrictions. The Company also reported a controllable completion factor of 99.92 percent and 99.86 percent for its American and United operations, respectively.

Operating statistics for September 2021 and fiscal year 2021 YTD are included in the table below.

 Sept-21Sept-20% ChangeYTD FY2021YTD FY2020% Change
Block Hours      
American11,0429,41017.3%134,463133,9730.4%
United18,29012,37047.9%186,502179,1374.1%
DHL191N/AN/A2,254N/AN/A
Total29,52421,78035.6%323,219313,1103.2%
       
 Sept-21Sept-20% ChangeYTD FY2021YTD FY2020% Change
Departures      
American6,0605,19216.7%71,70876,550-6.3%
United8,6396,00443.9%86,83590,226-3.8%
DHL127N/AN/A1,476N/AN/A
Total14,82611,19632.4%160,019166,776-4.1%
       
Controllable Completion Factor*      
American99.92%99.88%0.04%99.50%99.76%-0.26%
United99.86%99.95%-0.09%99.93%99.94%-0.01%
       
Total Completion Factor*      
American99.39%98.61%0.79%97.09%94.20%3.07%
United98.38%99.21%-0.84%97.76%95.24%2.65%

Operating statistics month over month for the fourth quarter of the fiscal year 2021 and QTD are included in the table below.

 Sept-21Aug-21% ChangeQTD FY2021QTD FY2020% Change
Block Hours      
American11,04212,042-8.3%35,91422,77457.7%
United18,29020,285-9.8%58,37434,84767.5%
DHL19117410.1%581N/AN/A
Total29,52432,501-9.2%94,86857,62264.6%
       
 Sept-21Aug-21% ChangeQTD FY2021QTD FY2020% Change
Departures      
American6,0606,640-8.7%19,77412,85753.8%
United8,6399,228-6.4%26,85117,66752.0%
DHL1271224.1%390N/AN/A
Total14,82615,990-7.3%47,01530,52454.0%
       
Controllable Completion Factor*      
American99.92%99.71%0.2%99.05%99.81%-0.8%
United99.86%99.66%0.2%99.81%99.77%0.0%
       
Total Completion Factor*      
American99.39%96.43%3.1%97.34%99.11%-1.8%
United98.38%97.54%0.9%98.06%97.47%0.6%

*Controllable Completion Factor excludes cancellations due to weather and air traffic control
**Total Completion Factor includes all cancellations

About Mesa Air Group, Inc.

Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled passenger service to 116 cities in 36 states, the District of Columbia, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. At the end of the June 30, 2021 quarter, Mesa operated a fleet of 165 aircraft with approximately 470 daily departures and 3,200 employees. Mesa operates all of its flights as either American Eagle, United Express, or DHL Express flights pursuant to the terms of capacity purchase agreements entered into with American Airlines, Inc., United Airlines, Inc., and DHL.

Media
Jacqueline Palmer
Media@mesa-air.com


Mesa Air Group, Inc.

NASDAQ:MESA

MESA Rankings

MESA Latest News

MESA Stock Data

36.86M
32.08M
21.75%
13.4%
4.99%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
United States of America
PHOENIX

About MESA

a multiple-time recipient of air transport world’s regional airline of the year award, phoenix-based mesa airlines operates as american eagle from hubs in phoenix and dallas/fort worth and as united express from washington dulles and houston. founded on a mesa in new mexico in 1982 by larry and janie risley, mesa currently operates 133 large regional jets and more than 620 daily system departures to 100 cities, 44 states, the district of columbia, canada and mexico. the company has approximately 2,800 employees and plans to hire an additional 1,000 in the next two years. visit our website at www.mesa-air.com