Mesa Air Group Reports February 2020 Operating Performance
PHOENIX, March 09, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for February 2020.
Mesa Airlines reported 36,552 block hours in February 2020, a 6.2 percent increase from February 2019, and controllable completion factors of 99.98 percent and 99.96 percent for American and United respectively.
Operating statistics for February 2020 and fiscal year 2020 YTD are included in the table below.
| Feb-20 | Feb-19 | % Change | YTD FY2020 | YTD FY2019 | % Change | ||||||||
| Block Hours | |||||||||||||
| American | 15,784 | 15,246 | 3.5 | % | 81,604 | 81,997 | -0.5 | % | |||||
| United | 20,768 | 19,165 | 8.4 | % | 108,798 | 105,771 | 2.9 | % | |||||
| Total | 36,552 | 34,411 | 6.2 | % | 190,403 | 187,769 | 1.4 | % | |||||
| Feb-20 | Feb-19 | % Change | YTD FY2020 | YTD FY2019 | % Change | ||||||||
| Departures | |||||||||||||
| American | 8,800 | 8,685 | 1.3 | % | 46,986 | 46,930 | 0.1 | % | |||||
| United | 9,747 | 9,345 | 4.3 | % | 54,065 | 52,868 | 2.3 | % | |||||
| Controllable Completion Factor* | |||||||||||||
| American | 99.98 | % | 98.97 | % | 1.0 | % | 99.69 | % | 99.23 | % | 0.5 | % | |
| United | 99.96 | % | 99.75 | % | 0.2 | % | 99.98 | % | 99.66 | % | 0.3 | % | |
| Total Completion Factor** | |||||||||||||
| American | 99.33 | % | 95.57 | % | 3.9 | % | 98.09 | % | 96.72 | % | 1.4 | % | |
| United | 99.64 | % | 97.76 | % | 1.9 | % | 99.45 | % | 98.56 | % | 0.9 | % | |
*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 141 cities in 40 states, the District of Columbia, Canada, Mexico, Cuba and the Bahamas. As of February 29th, 2020, Mesa operated a fleet of 145 aircraft with an average of approximately 644 daily departures and 3,600 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.
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