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
