Mesa Air Group Reports January 2020 Operating Performance

February 10, 2020

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

Mesa Airlines reported 38,289 block hours in January 2020 and controllable completion factors of 99.90 percent and 99.97 percent for American and United respectively.

Commenting on the results, Brad Rich, Executive Vice President and Chief Operating Officer said, “Our performance continues to trend higher, with big improvements in our controllable and total completion factors.”

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

  Jan-20 Jan-19 % Change   YTD FY2020 YTD FY2019 % Change
Block Hours              
American 16,397   16,984   -3.5 %   65,820   66,751   -1.4 %
United 21,892   21,374   2.4 %   88,030   86,607   1.6 %
Total 38,289   38,358   -0.2 %   153,850   153,358   0.3 %
               
  Jan-20 Jan-19 % Change   YTD FY2020 YTD FY2019 % Change
Departures              
American 9,173   9,822   -6.6 %   38,186   38,245   -0.2 %
United 10,606   10,412   1.9 %   44,318   43,523   1.8 %
Controllable Completion Factor*              
American 99.90 % 99.51 % 0.4 %   99.62 % 99.54 % 0.1 %
United 99.97 % 99.69 % 0.3 %   99.98 % 99.65 % 0.3 %
Total Completion Factor**              
American 97.75 % 97.35 % 0.4 %   97.80 % 96.98 % 0.9 %
United 99.08 % 97.71 % 1.4 %   99.41 % 98.73 % 0.7 %

*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 143 cities in 41 states, the District of Columbia, Canada, Mexico, Cuba and the Bahamas. As of January 31st, 2020, Mesa operated a fleet of 145 aircraft with an average of approximately 702 daily departures and 3,600 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.