Mesa Air Group Reports April 2021 Operating Performance

·3 min read

PHOENIX, May 12, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for April 2021.

Mesa Airlines reported 26,883 block hours in April 2021, a 161.1 percent increase from April 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 99.95 percent and 99.97 percent for its American and United operations, respectively.

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

Apr-21

Apr-20

% Change

YTD FY2021

YTD FY2020

% Change

Block Hours

American

11,066

5,965

85.5%

74,198

102,632

-27.7%

United

15,644

4,331

261.2%

94,645

131,531

-28.0%

DHL

173

n/a

N/A

1,229

n/a

N/A

Total

26,883

10,297

161.1%

170,072

234,163

-27.4%

Apr-21

Apr-20

% Change

YTD FY2021

YTD FY2020

% Change

Departures

American

6,198

3,333

86.0%

38,546

58,710

-34.3%

United

7,203

2,491

189.2%

44,790

65,274

-31.4%

DHL

120

n/a

N/A

799

n/a

N/A

Total

13,521

5,824

132.2%

84,135

123,984

-32.1%

Apr-21

Apr-20

% Change

YTD FY2021

YTD FY2020

% Change

Controllable
Completion
Factor*

American

99.95%

100.00%

-0.05%

99.84%

99.73%

0.1%

United

99.97%

100.00%

-0.03%

99.98%

99.98%

0.0%

Total
Completion
Factor**

American

98.80%

60.44%

63.5%

96.99%

92.88%

4.4%

United

99.64%

60.99%

63.4%

97.16%

94.39%

2.9%

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

Apr-21

Mar-21

% Change

QTD FY2021

QTD FY2020

% Change

Block Hours

American

11,066

11,989

-7.7%

11,066

5,965

85.5%

United

15,644

15,983

-2.1%

15,644

4,331

261.2%

DHL

173

155

12.0%

173

n/a

N/A

Total

26,883

28,127

-4.4%

26,883

10,297

161.1%

Apr-21

Mar-21

% Change

QTD FY2021

QTD FY2020

% Change

Departures

American

6,198

6,240

-0.7%

6,198

3,333

86.0%

United

7,203

7,162

-0.6%

7,203

2,491

189.2%

DHL

120

100

-16.7%

120

n/a

N/A

Total

13,521

13,502

-0.1%

13,521

5,824

132.2%

Apr-21

Mar-21

% Change

QTD FY2021

QTD FY2020

% Change

Controllable
Completion
Factor*

American

99.95%

99.86%

0.1%

99.95%

100.00%

0.0%

United

99.97%

100.00%

0.0%

99.97%

100.00%

0.0%

Total
Completion
Factor**

American

98.80%

98.13%

0.7%

98.80%

60.44%

63.5%

United

99.64%

99.58%

0.1%

99.64%

60.99%

63.4%

*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 April 30th, 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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