MESA Mesa Air Group Inc

Mesa Air Group Reports June 2021 Operating Performance

Mesa Air Group Reports June 2021 Operating Performance

PHOENIX, July 08, 2021 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for June 2021.

Mesa Airlines reported 30,015 block hours in June 2021, a 224.6 percent increase from June 2020 as a result of increased flying due to industry recovery from the COVID-19 pandemic. The Company also reported a controllable completion factor of 98.58 percent and 99.97 percent for its American and United operations, respectively.

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

 Jun-21 Jun-20 % Change  YTD FY2021 YTD FY2020 % Change 
Block Hours       
American12,610 3,000 320.4% 98,549 111,199 -11.4%
United17,184 6,248 175.0% 128,129 144,289 -11.2%
DHL221 n/a N/A  1,673 n/a N/A 
Total30,015 9,247 224.6% 228,351 255,488 -10.6%
        
 Jun-21 Jun-20 % Change  YTD FY2021 YTD FY2020 % Change 
Departures       
American7,020 1,699 313.2% 51,934 63,693 -18.5%
United7,712 3,550 117.2% 59,984 72,559 -17.3%
DHL144 n/a N/A  1,086 n/a N/A 
Total14,876 5,249 183.4% 113,004 136,252 -17.1%
        
 Jun-21 Jun-20 % Change  YTD FY2021 YTD FY2020 % Change 
Controllable

Completion

Factor*
     
American98.58%100.00%-1.42% 99.67%99.75%-0.08%
United99.97%100.00%-0.03% 99.98%99.98%0.00%
        
Total Completion Factor**       
American96.83%100.00%-3.17% 97.00%93.27%4.00%
United98.76%99.83%-1.07% 97.62%94.72%3.06%

Operating statistics month over month for the third quarter of fiscal year 2021 and QTD are included in the table below.

 Jun-21 May-21 % Change  QTD FY2021 QTD FY2020 % Change 
Block Hours       
American12,610 11,741 7.4% 35,417 14,532 143.7%
United17,184 16,300 5.4% 49,127 17,090 187.5%
DHL221 223 -1.1% 617 n/a N/A 
Total30,015 28,264 6.2% 85,162 31,622 169.3%
        
 Jun-21 May-21 % Change  QTD FY2021 QTD FY2020 % Change 
Departures       
American7,020 6,368 10.2% 19,586 8,316 135.5%
United7,712 7,482 3.1% 22,397 9,776 129.1%
DHL144 143 0.7% 407 n/a N/A 
Total14,876 13,993 6.3% 42,390 18,092 134.3%
        
 Jun-21 May-21 % Change  QTD FY2021 QTD FY2020 % Change 
Controllable

Completion

Factor*
     
American98.58%99.84%-1.3% 99.42%100.00%-0.6%
United99.97%100.00%0.0% 99.98%100.00%-0.02%
        
        
Total Completion Factor**       
American96.83%97.22%-0.4% 97.57%78.50%24.3%
United98.76%99.27%-0.5% 99.21%84.77%17.0%

*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 116 cities in 36 states, the District of Columbia, and Mexico as well as cargo services out of Cincinnati/Northern Kentucky International Airport. As of June 30, 2021, Mesa operated a fleet of 165 aircraft with approximately 470 daily departures and 3,100 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

Susan Donofrio

Media

Megan Bilbao



EN
08/07/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Mesa Air Group Inc

 PRESS RELEASE

Mesa Air Group Reports Third Quarter Fiscal 2025 Results and Provides ...

Mesa Air Group Reports Third Quarter Fiscal 2025 Results and Provides Update on Proposed Merger with Republic Airways Holdings Inc. Management to Hold Call Following Market Close Today PHOENIX, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported third quarter fiscal 2025 financial and operating results, as well as provided an update on the proposed merger (the “Merger”) with Republic Airways Holdings Inc. (“Republic”). Third Quarter Fiscal 2025 Update: Total operating revenues of $92.8 millionPre-tax income of $20.6 million, n...

 PRESS RELEASE

Mesa Air Group Files Registration Statement on Form S-4 and S-1 in Con...

Mesa Air Group Files Registration Statement on Form S-4 and S-1 in Connection with Proposed Merger with Republic Airways Holdings Inc. PHOENIX, July 23, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) announced that it filed a registration statement on Form S-4 and S-1 with the U.S. Securities and Exchange Commission (“SEC”) on July 10, 2025 in connection with the Company's proposed merger (the “Merger”) with Republic Airways Holdings Inc. (“Republic”). The registration statement includes a proxy statement and preliminary prospectus. Once declared ef...

 PRESS RELEASE

Mesa Air Group Reports Second Quarter Fiscal 2025 Results

Mesa Air Group Reports Second Quarter Fiscal 2025 Results PHOENIX, May 20, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported second quarter fiscal 2025 financial and operating results. Second Quarter Fiscal 2025 Update: Total operating revenues of $94.7 millionPre-tax loss of $62.5 million, net loss of $58.6 million, or $(1.42) per diluted shareAdjusted net loss1 of $2.9 million2 excludes a $53.8 million loss related to the impairment and loss on sale of assetsAdjusted EBITDAR1 of $9.6 millionOperated at a 99.9% controllable completion...

 PRESS RELEASE

Mesa Air Group Reports First Quarter Fiscal 2025 Results

Mesa Air Group Reports First Quarter Fiscal 2025 Results PHOENIX, May 19, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported first quarter fiscal 2025 financial and operating results. First Quarter Fiscal 2025 Update: Total operating revenues of $103.2 millionPre-tax loss of $116.3 million, net loss of $114.6 million, or $(2.77) per diluted shareAdjusted net loss1 of $4.0 million2 excludes a $112.4 million loss related to the impairment and loss on sale of aircraftAdjusted EBITDAR1 of $12.6 millionOperated at a 100.00% controllable comp...

 PRESS RELEASE

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2024 Result...

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2024 Results PHOENIX, May 14, 2025 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported fourth quarter and fiscal full-year 2024 financial and operating results. Fourth Quarter Fiscal 2024 Update: Total operating revenues of $115.3 millionPre-tax loss of $24.5 million, net loss of $24.9 million, or $(0.60) per diluted shareAdjusted net loss1 of $0.1 million2, or $(0.00) per diluted shareAdjusted EBITDAR1 of $18.2 millionOperated at a 99.88% controllable completion factor3 Republ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch