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Mesa Air Group Reports May 2021 Operating Performance

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Mesa Air Group, Inc.
·3 min read
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PHOENIX, June 08, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for May 2021.

Mesa Airlines reported 28,264 block hours in May 2021, a 134.0 percent increase from May 2020 as a result of increased flying due to industry recovery from the COVID-19 pandemic. The company also reported a controllable completion factor of 99.84 percent and 100 percent for its American and United operations, respectively.

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

May-21

May-20

% Change

YTD FY2021

YTD FY2020

% Change

Block Hours

American

11,741

5,566

110.9%

85,939

108,199

-20.6%

United

16,300

6,511

150.3%

110,945

138,042

-19.6%

DHL

223

n/a

N/A

1,452

n/a

N/A

Total

28,264

12,077

134.0%

198,336

246,241

-19.5%

May-21

May-20

% Change

YTD FY2021

YTD FY2020

% Change

Departures

American

6,368

3,284

93.9%

44,914

61,994

-27.6%

United

7,482

3,735

100.3%

52,272

69,009

-24.3%

DHL

143

n/a

N/A

942

n/a

N/A

Total

13,993

7,019

99.4%

98,128

131,003

-25.1%

May-21

May-20

% Change

YTD FY2021

YTD FY2020

% Change

Controllable

Completion

Factor*

American

99.84%

100.00%

-0.16%

99.84%

99.74%

0.10%

United

100.00%

100.00%

0.00%

99.99%

99.98%

0.01%

Total Completion Factor**

American

97.22%

97.19%

0.03%

97.02%

93.10%

4.21%

United

99.27%

95.97%

3.44%

97.46%

94.47%

3.17%

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

May-21

Apr-21

% Change

QTD FY2021

QTD FY2020

% Change

Block Hours

American

11,741

11,066

6.1%

22,807

11,532

97.8%

United

16,300

15,644

4.2%

31,944

10,842

194.6%

DHL

223

173

28.9%

397

n/a

N/A

Total

28,264

26,883

5.1%

55,147

22,374

146.5%

May-21

Apr-21

% Change

QTD FY2021

QTD FY2020

% Change

Departures

American

6,368

6,198

2.7%

12,566

6,617

89.9%

United

7,482

7,203

3.7%

14,685

6,226

135.9%

DHL

143

120

16.1%

263

n/a

N/A

Total

13,993

13,521

3.4%

27,514

12,843

114.2%

May-21

Apr-21

% Change

QTD FY2021

QTD FY2020

% Change

Controllable

Completion

Factor*

American

99.84%

99.95%

-0.1%

99.90%

100.00%

-0.1%

United

100.00%

99.97%

0.0%

99.99%

100.00%

0.0%

Total Completion Factor**

American

97.22%

98.80%

-1.6%

98.00%

74.40%

31.7%

United

99.27%

99.64%

-0.4%

99.45%

78.06%

27.4%

*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 95 cities in 35 states, the District of Columbia, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. As of May 31th, 2021, Mesa operated a fleet of 163 aircraft with approximately 450 daily departures and 3,100 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.

Investor Relations
Susan Donofrio
susan.donofrio@fticonsulting.com

Media
Megan Bilbao
Media@mesa-air.com


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