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Mesa Air Group Inc(MESA-Q)
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Mesa Air Group Reports July 2021 Operating Performance

Globe NewsWire - Tue Aug 10, 2021

PHOENIX, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc.ย (NASDAQ:ย MESA) today reported Mesa Airlinesโ€™ operating performance forย July 2021.

Mesa Airlinesย reported 32,843 block hours inย July 2021, a 92.1 percent increase fromย July 2020ย as a result of increased summer flying and the relaxation of certain COVID restrictions. The Company also reported a controllable completion factor of 98.72 percent and 99.90 percent for its American and United operations, respectively.

Operating statistics forย July 2021 vs. July 2020 and fiscal year 2021 YTD vs. fiscal year 2020 YTD are included in the table below.

ย Jul-21ย Jul-20ย % Changeย ย YTD FY2021ย YTD FY2020ย % Changeย 
Block Hoursย ย ย ย ย ย ย 
American12,830ย 6,228ย 106.0%ย 111,379ย 117,427ย -5.2%
United19,798ย 10,867ย 82.2%ย 147,927ย 155,156ย -4.7%
DHL215ย N/Aย N/Aย ย 1,888ย N/Aย N/Aย 
Total32,843ย 17,095ย 92.1%ย 261,194ย 272,583ย -4.2%
ย ย ย ย ย ย ย ย 
ย Jul-21ย Jul-20ย % Changeย ย YTD FY2021ย YTD FY2020ย % Changeย 
Departuresย ย ย ย ย ย ย 
American7,074ย 3,576ย 97.8%ย 59,008ย 67,269ย -12.3%
United8,984ย 5,703ย 57.5%ย 68,968ย 78,262ย -11.9%
DHL141ย N/Aย N/Aย ย 1,227ย N/Aย N/Aย 
Total16,199ย 9,279ย 74.6%ย 129,203ย 145,531ย -11.2%
ย ย ย ย ย ย ย ย 
ย Jul-21ย Jul-20ย % Changeย ย YTD FY2021ย YTD FY2020ย % Changeย 
Controllableย Completionย Factor*ย ย ย ย ย 
American98.72%99.50%-0.8%ย 99.55%99.74%-0.2%
United99.90%99.38%0.5%ย 99.97%99.94%0.0%
ย ย ย ย ย ย ย ย 
Total Completion Factor**ย ย ย ย ย ย ย 
American96.47%99.44%-3.0%ย 96.93%93.58%3.6%
United98.30%98.34%0.0%ย 97.71%94.97%2.9%

Operating statistics month over month for July 2021 and QTD are included in the table below.

ย Jul-21ย Jun-21ย % Changeย ย QTD FY2021ย QTD FY2020ย % Changeย 
Block Hoursย ย ย ย ย ย ย 
American12,830ย 12,610ย 1.7%ย 12,830ย 6,228ย 106.0%
United19,798ย 17,184ย 15.2%ย 19,798ย 10,867ย 82.2%
DHL215ย 221ย -2.5%ย 215ย N/Aย N/Aย 
Total32,843ย 30,015ย 9.4%ย 32,843ย 17,095ย 92.1%
ย ย ย ย ย ย ย ย 
ย Jul-21ย Jun-21ย % Changeย ย QTD FY2021ย QTD FY2020ย % Changeย 
Departuresย ย ย ย ย ย ย 
American7,074ย 7,020ย 0.8%ย 7,074ย 3,576ย 97.8%
United8,984ย 7,712ย 16.5%ย 8,984ย 5,703ย 57.5%
DHL141ย 144ย -2.1%ย 141ย N/Aย N/Aย 
Total16,199ย 14,876ย 8.9%ย 16,199ย 9,279ย 74.6%
ย ย ย ย ย ย ย ย 
ย Jul-21ย Jun-21ย % Changeย ย QTD FY2021ย QTD FY2020ย % Changeย 
Controllableย Completionย Factor*ย ย ย ย ย 
American98.72%98.58%0.1%ย 98.72%99.50%-0.8%
United99.90%99.97%-0.1%ย 99.90%99.38%0.5%
ย ย ย ย ย ย ย ย 
ย ย ย ย ย ย ย ย 
Total Completion Factor**ย ย ย ย ย ย ย 
American96.47%96.83%-0.4%ย 96.47%99.44%-3.0%
United98.30%98.76%-0.5%ย 98.30%98.34%0.0%

*Controllable Completion Factor excludes cancellations due to weather and air traffic control
**Total Completion Factor includes all cancellations

Aboutย Mesa Air Group, Inc.

Headquartered inย Phoenix, Arizona,ย Mesa Air Group, Inc.ย is the holding company ofย Mesa Airlines, a regional air carrier providing scheduled passenger service to 116 cities in 36 states, theย District of Columbia, andย Mexicoย as well as cargo services out ofย Cincinnati/Northern Kentucky International Airport. At the end of the June 30, 2021 quarter, Mesa operated a fleet of 167 aircraft with approximately 470 daily departures and 3,191 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 withย American Airlines, Inc.,ย United Airlines, Inc., and DHL.

Investor Relations/Media
Susan Donofrio
susan.donofrio@fticonsulting.com


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