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Mesa Airlines Clocks 35.6% Block Hours Growth In September


Benzinga | Oct 14, 2021 01:04PM EDT

Mesa Airlines Clocks 35.6% Block Hours Growth In September

* Mesa Air Group Inc's (NASDAQ:MESA) Mesa Airlines reported 29,524 block hours in September 2021, an increase of 35.6% year-over-year, attributable to continued increased flying and the relaxation of certain COVID restrictions.

* Departures in September 2021 increased 32.4% to 14,826 from September 2020.

* The company reported a controllable completion factor of 99.92% and 99.86% for its American and United operations, respectively.

* Block hours for American Airlines Group Inc (NASDAQ:AAL) operations grew 17.3%, and for United Airlines Holdings Inc (NASDAQ:UAL) operations increased by 47.9%.

* Meanwhile, Block hours in September declined 9.2%, and Departures fell 7.3% versus August 2021.

* Price Action: MESA shares are trading higher by 1.17% at $7.75 on the last check Thursday.







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