Mesa Air Group Reports October 2021 Operating Performance

November 18, 2021

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-21 Oct-20 % Change YTD FY2022 YTD FY2021 % Change
Block Hours            
American 11,383   8,325   36.7 % 11,383   8,325   36.7 %
United 19,105   11,771   62.3 % 19,105   11,771   62.3 %
DHL 207   72   188.2 % 207   72   188.2 %
Total 30,694   20,167   52.2 % 30,694   20,167   52.2 %
             
  Oct-21 Oct-20 % Change YTD FY2022 YTD FY2021 % Change
Departures            
American 6,374   4,508   41.4 % 6,374   4,508   41.4 %
United 9,032   6,069   48.8 % 9,032   6,069   48.8 %
DHL 136   40   240.0 % 136   40   240.0 %
Total 15,542   10,617   46.4 % 15,542   10,617   46.4 %
             
Controllable Completion Factor*            
American 99.66 % 99.96 % -0.30 % 99.66 % 99.96 % -0.3 %
United 98.57 % 99.95 % -1.38 % 98.57 % 99.95 % -1.4 %
             
Total Completion Factor*            
American 97.86 % 98.84 % -0.99 % 97.86 % 98.84 % -1.0 %
United 98.02 % 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-21 Sept-21 % Change QTD FY2022 QTD FY2021 % Change
Block Hours            
American 11,383   11,042   3.1 % 11,383   8,325   36.7 %
United 19,105   18,290   4.5 % 19,105   11,771   62.3 %
DHL 207   191   7.9 % 207   72   188.2 %
Total 30,694   29,524   4.0 % 30,694   20,167   52.2 %
             
  Oct-21 Sept-21 % Change QTD FY2022 QTD FY2021 % Change
Departures            
American 6,374   6,060   5.2 % 6,374   4,508   41.4 %
United 9,032   8,639   4.5 % 9,032   6,069   48.8 %
DHL 136   127   7.1 % 136   40   240.0 %
Total 15,542   14,826   4.8 % 15,542   10,617   46.4 %
             
Controllable Completion Factor*            
American 99.66 % 99.90 % -0.2 % 99.66 % 99.96 % -0.3 %
United 98.57 % 99.86 % -1.3 % 98.57 % 99.95 % -1.4 %
             
Total Completion Factor*            
American 97.86 % 99.39 % -1.5 % 97.86 % 98.84 % -1.0 %
United 98.02 % 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

Source: Mesa Air Group, Inc.