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home / news releases / MESA - Mesa Air Group Reports October 2020 Operating Performance


MESA - Mesa Air Group Reports October 2020 Operating Performance

PHOENIX, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for October 2020.

Mesa Airlines reported 20,167 block hours in October 2020, a 48.2 percent drop from October 2019 as a result of reduced schedules during the COVID-19 pandemic. The company also reported a controllable completion factor of 99.96 percent and 99.95 percent for its American and United operations, respectively.

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

Oct-20
Oct-19
% Change
YTD FY2021
YTD FY2020
% Change
Block Hours
American
8,325
16,639
-50.0
%
8,325
16,639
-50.0
%
United
11,771
22,261
-47.1
%
11,771
22,261
-47.1
%
DHL
71
N/A
N/A
71
N/A
N/A
Total
20,167
38,901
-48.2
%
20,167
38,901
-48.2
%
Oct-20
Oct-19
% Change
YTD FY2021
YTD FY2020
% Change
Departures
American
4,508
10,012
-55.0
%
4,508
10,012
-55.0
%
United
6,069
11,495
-47.2
%
6,069
11,495
-47.2
%
DHL
40
N/A
N/A
40
N/A
N/A
Total
10,617
21,507
-50.6
%
10,617
21,507
-50.6
%
Controllable Completion Factor*
American
99.96
%
99.29
%
0.67
%
99.96
%
99.29
%
0.67
%
United
99.95
%
99.98
%
-0.03
%
99.95
%
99.98
%
-0.03
%
Total Completion Factor**
American
98.84
%
96.96
%
1.94
%
98.84
%
96.96
%
1.94
%
United
99.92
%
99.27
%
0.65
%
99.92
%
99.27
%
0.65
%

*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 101 cities in 39 states, the District of Columbia, Canada and Mexico. As of October 31st, 2020, Mesa operated a fleet of 146 aircraft with approximately 342 daily departures and 3,400 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
Brian Gillman
Investor.Relations@mesa-air.com

Media
Matthew Harris
Media@mesa-air.com

Stock Information

Company Name: Mesa Air Group Inc.
Stock Symbol: MESA
Market: NASDAQ
Website: mesa-air.com

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