Skip to main content

Mesa Air Group Reports December 2021 Operating Performance

PHOENIX, Jan. 21, 2022 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for December 2021.

Mesa Airlines reported 26,920 block hours in December 2021, a 3.8 percent increase from December 2020. Covid-19 and its impact on employee attendance was a primary factor behind Mesa’s controllable completion factor of 93.05 percent and 97.89 percent for its American and United operations, respectively.

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

 Dec-21Dec-20% ChangeYTD
FY2022
YTD
FY2021
% Change
Block Hours      
American10,470 12,400 -15.6%33,129 31,368 5.6%
United16,221 13,316 21.8%52,294 37,389 39.9%
DHL229 217 5.3%655 490 33.7%
Total26,920 25,933 3.8%86,079 69,247 24.3%
       
 Dec-21Dec-20% ChangeYTD
FY2022
YTD
FY2021
% Change
Departures      
American5,621 6,303 -10.8%18,334 16,381 11.9%
United7,600 6,374 19.2%24,678 18,644 32.4%
DHL152 144 5.6%435 319 36.4%
Total13,373 12,821 4.3%43,447 35,344 22.9%
       
Controllable Completion Factor*      
American93.05%99.87%-6.8%97.17%99.81%-2.6%
United97.89%100.00%-2.1%98.33%99.98%-1.7%
       
Total Completion Factor*      
American91.47%98.15%-6.8%95.76%98.30%-2.6%
United96.62%98.75%-2.2%97.58%99.36%-1.8%

Operating statistics month over month for the first quarter of fiscal year 2022 and QTD are included in the table below.

 Dec-21Nov-21% ChangeQTD
FY2022
QTD
FY2021
% Change
Block Hours      
American10,470 11,276 -7.1%33,129 31,368 5.6%
United16,221 16,969 -4.4%52,294 37,389 39.9%
DHL229 220 3.9%655 490 33.7%
Total26,920 28,465 -5.4%86,079 69,247 24.3%
       
 Dec-21Nov-21% ChangeQTD
FY2022
QTD
FY2021
% Change
Departures      
American5,621 6,339 -11.3%18,334 16,381 11.9%
United7,600 8,046 -5.5%24,678 18,644 32.4%
DHL152 147 3.4%435 319 36.4%
Total13,373 14,532 -8.0%43,447 35,344 22.9%
       
Controllable Completion Factor*      
American93.05%98.58%-5.6%97.17%99.81%-2.6%
United97.89%98.48%-0.6%98.33%99.98%-1.7%
       
Total Completion Factor*      
American91.47%97.70%-6.4%95.76%98.30%-2.6%
United96.62%98.01%-1.4%97.58%99.36%-1.8%

*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 120 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 December 31, 2021, Mesa operated a fleet of 166 aircraft with approximately 457 daily departures and 3,000 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.

Media
Jacqueline Palmer
Media@mesa-air.com

Investors
Susan Donofrio
IR@mesa-air.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.