• Mesa Air Group Reports June 2021 Operating Performance

    Source: Nasdaq GlobeNewswire / 08 Jul 2021 07:00:00   America/New_York

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

    Mesa Airlines reported 30,015 block hours in June 2021, a 224.6 percent increase from June 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 98.58 percent and 99.97 percent for its American and United operations, respectively.

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

     Jun-21 Jun-20 % Change  YTD FY2021 YTD FY2020 % Change 
    Block Hours       
    American12,610 3,000 320.4% 98,549 111,199 -11.4%
    United17,184 6,248 175.0% 128,129 144,289 -11.2%
    DHL221 n/a N/A  1,673 n/a N/A 
    Total30,015 9,247 224.6% 228,351 255,488 -10.6%
            
     Jun-21 Jun-20 % Change  YTD FY2021 YTD FY2020 % Change 
    Departures       
    American7,020 1,699 313.2% 51,934 63,693 -18.5%
    United7,712 3,550 117.2% 59,984 72,559 -17.3%
    DHL144 n/a N/A  1,086 n/a N/A 
    Total14,876 5,249 183.4% 113,004 136,252 -17.1%
            
     Jun-21 Jun-20 % Change  YTD FY2021 YTD FY2020 % Change 
    Controllable
    Completion
    Factor*
         
    American98.58%100.00%-1.42% 99.67%99.75%-0.08%
    United99.97%100.00%-0.03% 99.98%99.98%0.00%
            
    Total Completion Factor**       
    American96.83%100.00%-3.17% 97.00%93.27%4.00%
    United98.76%99.83%-1.07% 97.62%94.72%3.06%

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

     Jun-21 May-21 % Change  QTD FY2021 QTD FY2020 % Change 
    Block Hours       
    American12,610 11,741 7.4% 35,417 14,532 143.7%
    United17,184 16,300 5.4% 49,127 17,090 187.5%
    DHL221 223 -1.1% 617 n/a N/A 
    Total30,015 28,264 6.2% 85,162 31,622 169.3%
            
     Jun-21 May-21 % Change  QTD FY2021 QTD FY2020 % Change 
    Departures       
    American7,020 6,368 10.2% 19,586 8,316 135.5%
    United7,712 7,482 3.1% 22,397 9,776 129.1%
    DHL144 143 0.7% 407 n/a N/A 
    Total14,876 13,993 6.3% 42,390 18,092 134.3%
            
     Jun-21 May-21 % Change  QTD FY2021 QTD FY2020 % Change 
    Controllable
    Completion
    Factor*
         
    American98.58%99.84%-1.3% 99.42%100.00%-0.6%
    United99.97%100.00%0.0% 99.98%100.00%-0.02%
            
            
    Total Completion Factor**       
    American96.83%97.22%-0.4% 97.57%78.50%24.3%
    United98.76%99.27%-0.5% 99.21%84.77%17.0%

    *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 116 cities in 36 states, the District of Columbia, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. As of June 30, 2021, Mesa operated a fleet of 165 aircraft with approximately 470 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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