Mesa Air Group Reports October 2021 Operating Performance

Thursday, 18. November 2021 13:00

PHOENIX, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for October 2021.

Mesa Airlines reported 30,694 block hours in October 2021, a 52.2 percent increase from October 2020 as a result of continued increased flying and the relaxation of certain COVID restrictions. The Company also reported a controllable completion factor of 99.66 percent and 98.57 percent for its American and United operations, respectively.

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

 Oct-21Oct-20% ChangeYTD FY2022YTD FY2021% Change
Block Hours      
American11,383 8,325 36.7%11,383 8,325 36.7%
United19,105 11,771 62.3%19,105 11,771 62.3%
DHL207 72 188.2%207 72 188.2%
Total30,694 20,167 52.2%30,694 20,167 52.2%
       
 Oct-21Oct-20% ChangeYTD FY2022YTD FY2021% Change
Departures      
American6,374 4,508 41.4%6,374 4,508 41.4%
United9,032 6,069 48.8%9,032 6,069 48.8%
DHL136 40 240.0%136 40 240.0%
Total15,542 10,617 46.4%15,542 10,617 46.4%
       
Controllable Completion Factor*      
American99.66%99.96%-0.30%99.66%99.96%-0.3%
United98.57%99.95%-1.38%98.57%99.95%-1.4%
       
Total Completion Factor*      
American97.86%98.84%-0.99%97.86%98.84%-1.0%
United98.02%99.92%-1.90%98.02%99.92%-1.9%
             

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

 Oct-21Sept-21% ChangeQTD FY2022QTD FY2021% Change
Block Hours      
American11,383 11,042 3.1%11,383 8,325 36.7%
United19,105 18,290 4.5%19,105 11,771 62.3%
DHL207 191 7.9%207 72 188.2%
Total30,694 29,524 4.0%30,694 20,167 52.2%
       
 Oct-21Sept-21% ChangeQTD FY2022QTD FY2021% Change
Departures      
American6,374 6,060 5.2%6,374 4,508 41.4%
United9,032 8,639 4.5%9,032 6,069 48.8%
DHL136 127 7.1%136 40 240.0%
Total15,542 14,826 4.8%15,542 10,617 46.4%
       
Controllable Completion Factor*      
American99.66%99.90%-0.2%99.66%99.96%-0.3%
United98.57%99.86%-1.3%98.57%99.95%-1.4%
       
Total Completion Factor*      
American97.86%99.39%-1.5%97.86%98.84%-1.0%
United98.02%98.38%-0.4%98.02%99.92%-1.9%

*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 129 cities in 39 states, the District of Columbia, the Bahamas, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. As of October 31, 2021, Mesa operated a fleet of 167 aircraft with approximately 507 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

Investors
Susan Donofrio
IR@mesa-air.com


Primary Logo

Related Links: Mesa Air Group Inc.
Author:
Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.