Mesa Air Group Reports August 2020 Operating Performance

September 10, 2020

PHOENIX, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for August 2020.

Mesa Airlines reported 18,747 block hours in August 2020, a 52.1 percent drop from August 2019 as a result of reduced schedules during the COVID-19 pandemic. The company also reported a controllable completion factor of 100 percent and 99.97 percent for its American and United operations, respectively.

Operating statistics for August 2020 and fiscal year 2020 YTD are included in the table below.

  Aug-20 Aug-19 % Change   YTD FY2020 YTD FY2019 % Change
Block Hours              
American 7,136   16,968   -57.9 %   124,563   182,857   -31.9 %
United 11,611   22,207   -47.7 %   166,767   236,894   -29.6 %
Total 18,747   39,176   -52.1 %   291,330   419,751   -30.6 %
               
  Aug-20 Aug-19 % Change   YTD FY2020 YTD FY2019 % Change
Departures              
American 4,089   10,081   -59.4 %   71,358   105,962   -32.7 %
United 5,960   11,611   -48.7 %   84,222   120,168   -29.9 %
Controllable Completion Factor*              
American 100.00 % 97.10 % 3.0 %   99.75 % 98.87 % 0.9 %
United 99.97 % 98.98 % 1.0 %   99.94 % 99.52 % 0.4 %
Total Completion Factor**              
American 99.46 % 94.96 % 4.7 %   93.90 % 95.68 % -1.9 %
United 94.98 % 98.07 % -3.2 %   94.97 % 98.27 % -3.4 %

*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 88 cities in 38 states, the District of Columbia and Mexico. As of August 31, 2020, Mesa operated a fleet of 145 aircraft with approximately 324 daily departures and 3,400 employees. Mesa operates all of its flights as either American Eagle or United Express flights pursuant to the terms of capacity purchase agreements entered into with American Airlines, Inc. and United Airlines, Inc.

Investor Relations
Brian Gillman
Investor.Relations@mesa-air.com

Media
Jack Hellie
Media@mesa-air.com


Mesa Air Group Logo (black background).png

Source: Mesa Air Group, Inc.