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Mesa Air Group Reports November 2021 Operating Performance
Source: Nasdaq GlobeNewswire / 20 Dec 2021 06:00:01 America/Chicago
PHOENIX, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for November 2021.
Mesa Airlines reported 28,465 block hours in November 2021, a 23 percent increase from November 2020 as a result of continued increased flying with the relaxation of certain COVID travel restrictions. The Company also reported a controllable completion factor of 98.58 percent and 98.48 percent for its American and United operations, respectively.
Operating statistics for November 2021 and fiscal year 2021 YTD are included in the table below.
Nov-21 Nov-20 % Change YTD FY2022 YTD FY2021 % Change Block Hours American 11,276 10,643 5.9 % 22,659 18,968 19.5 % United 16,969 12,302 37.9 % 36,074 24,073 49.9 % DHL 220 201 9.4 % 427 273 56.3 % Total 28,465 23,146 23.0 % 59,159 43,314 36.6 % Nov-21 Nov-20 % Change YTD FY2022 YTD FY2021 % Change Departures American 6,339 5,570 13.8 % 12,713 10,078 26.1 % United 8,046 6,201 29.8 % 17,078 12,270 39.2 % DHL 147 135 8.9 % 283 175 61.7 % Total 14,532 11,906 22.1 % 30,074 22,523 33.5 % Controllable Completion Factor* American 98.58 % 99.62 % -1.0 % 99.12 % 99.77 % -0.7 % United 98.48 % 99.98 % -1.5 % 98.52 % 99.97 % -1.4 % Total Completion Factor* American 97.70 % 98.05 % -0.4 % 97.78 % 98.40 % -0.6 % United 98.01 % 99.45 % -1.5 % 98.02 % 99.68 % -1.7 % Operating statistics month over month for the first quarter of fiscal year 2022 and QTD are included in the table below.
Nov-21 Oct-21 % Change QTD FY2022 QTD FY2021 % Change Block Hours American 11,276 11,383 -0.9 % 22,659 18,968 19.5 % United 16,969 19,105 -11.2 % 36,074 24,073 49.9 % DHL 220 207 6.6 % 427 273 56.3 % Total 28,465 30,694 -7.3 % 59,159 43,314 36.6 % Nov-21 Oct-21 % Change QTD FY2022 QTD FY2021 % Change Departures American 6,339 6,374 -0.5 % 12,713 10,078 26.1 % United 8,046 9,032 -10.9 % 17,078 12,270 39.2 % DHL 147 136 8.1 % 283 175 61.7 % Total 14,532 15,542 -6.5 % 30,074 22,523 33.5 % Controllable Completion Factor* American 98.58 % 99.66 % -1.1 % 99.12 % 99.77 % -0.7 % United 98.48 % 98.57 % -0.1 % 98.52 % 99.97 % -1.4 % Total Completion Factor* American 97.70 % 97.86 % -0.2 % 97.78 % 98.40 % -0.6 % United 98.01 % 98.02 % 0.0 % 98.02 % 99.68 % -1.7 % *Controllable Completion Factor excludes cancellations due to weather and air traffic control
**Total Completion Factor includes all cancellationsAbout Mesa Air Group, Inc.
Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, Inc., 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 November 30, 2021, Mesa operated under its capacity purchase agreements, or maintained as operational spares, a fleet of 151 aircraft with approximately 507 daily departures and 3,200 employees. As of November 30, 2021, we also leased 16 aircraft to a third party, for a total of 167 aircraft. 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.
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Jacqueline Palmer
Media@mesa-air.comInvestors
Susan Donofrio
IR@mesa-air.com