Mesa Air Group Reports December 2020 Operating Performance

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 42 states, the District of Columbia, the Bahamas, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport.

Metadata

Provider:

GlobeNewswire, Inc.

Retrieved on:

Friday, January 8, 2021

Information

Tags:

Airlines, Aviation, Regional airlines, American Airlines, Mesa Airlines, Mesa Air Group, DHL, Cincinnati/Northern Kentucky International Airport, Regional airline, United Express, American Eagle, Envoy Air

Geotags:

Phoenix, AZ, Us, ARIZONA, MEXICO, COLUMBIA, THE BAHAMAS, CINCINNATI

Organisation:

MESA AIR GROUP, INC.

Summary

Key Points:

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 42 states, the District of Columbia, the Bahamas, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport.
As of December 31st, 2020, Mesa has a fleet of 161 aircraft with approximately 420 daily departures and 3,200 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.

PHOENIX, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for December 2020.

Mesa Airlines reported 25,933 block hours in December 2020, a 33.9 percent drop from December 2019 as a result of reduced schedules during the COVID-19 pandemic. The company also reported a controllable completion factor of 99.87 percent and 100 percent for its American and United operations, respectively.

Operating statistics for December 2020 and fiscal year 2021 YTD are included in the table below.

	Dec-20	Dec-19	% Change	YTD FY2021	YTD FY2020	% Change
Block Hours
American	12,400	16,907	-26.7%	31,368	49,423	-36.5%
United	13,316	22,305	-40.3%	37,389	66,139	-43.5%
DHL	217	n/a	N/A	490	n/a	N/A
Total	25,933	39,212	-33.9%	69,247	115,562	-40.1%

	Dec-20	Dec-19	% Change	YTD FY2021	YTD FY2020	% Change
Departures
American	6,303	9,689	-34.9%	16,381	29,013	-43.5%
United	6,374	11,113	-42.6%	18,644	33,712	-44.7%
DHL	144	n/a	N/A	319	n/a	N/A
Total	12,821	20,802	-38.4%	35,344	62,725	-43.7%

Controllable Completion Factor*
American	99.87%	99.68%	0.19%	99.81%	99.53%	0.28%
United	100.00%	99.98%	0.02%	99.98%	99.99%	-0.01%

Total Completion Factor**
American	98.15%	97.59%	0.57%	98.30%	97.82%	0.49%
United	98.75%	99.45%	-0.70%	99.36%	99.52%	-0.16%

*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 42 states, the District of Columbia, the Bahamas, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. As of December 31st, 2020, Mesa has a fleet of 161 aircraft with approximately 420 daily departures and 3,200 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.

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