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Mesa Air Group Reports August 2020 Operating Performance

Mesa Air Group, Inc.

PHOENIX, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for August 2020.

Mesa Airlines reported 18,747 block hours in August 2020, a 52.1 percent drop from August 2019 as a result of reduced schedules during the COVID-19 pandemic. The company also reported a controllable completion factor of 100 percent and 99.97 percent for its American and United operations, respectively.

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

 

Aug-20

Aug-19

% Change

 

YTD FY2020

YTD FY2019

% Change

Block Hours

 

 

 

 

 

 

 

American

7,136

 

16,968

 

-57.9

%

 

124,563

 

182,857

 

-31.9

%

United

11,611

 

22,207

 

-47.7

%

 

166,767

 

236,894

 

-29.6

%

Total

18,747

 

39,176

 

-52.1

%

 

291,330

 

419,751

 

-30.6

%

 

 

 

 

 

 

 

 

 

Aug-20

Aug-19

% Change

 

YTD FY2020

YTD FY2019

% Change

Departures

 

 

 

 

 

 

 

American

4,089

 

10,081

 

-59.4

%

 

71,358

 

105,962

 

-32.7

%

United

5,960

 

11,611

 

-48.7

%

 

84,222

 

120,168

 

-29.9

%

Controllable Completion Factor*

 

 

 

 

 

 

 

American

100.00

%

97.10

%

3.0

%

 

99.75

%

98.87

%

0.9

%

United

99.97

%

98.98

%

1.0

%

 

99.94

%

99.52

%

0.4

%

Total Completion Factor**

 

 

 

 

 

 

 

American

99.46

%

94.96

%

4.7

%

 

93.90

%

95.68

%

-1.9

%

United

94.98

%

98.07

%

-3.2

%

 

94.97

%

98.27

%

-3.4

%

*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 88 cities in 38 states, the District of Columbia and Mexico. As of August 31, 2020, Mesa operated a fleet of 145 aircraft with approximately 324 daily departures and 3,400 employees. Mesa operates all of its flights as either American Eagle or United Express flights pursuant to the terms of capacity purchase agreements entered into with American Airlines, Inc. and United Airlines, Inc.

Investor Relations
Brian Gillman
Investor.Relations@mesa-air.com

Media
Jack Hellie
Media@mesa-air.com