Mesa Air Group Reports March 2020 Operating Performance
Mesa Air Group, Inc. (MESA)
Last mesa air group, inc. earnings: 2/10 04:02 pm
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Source: GlobeNewswire
PHOENIX, April 07, 2020 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for March 2020. Mesa Airlines reported 33,464 block hours in March 2020, a 14.8 percent drop from March 2019 as a result of reduced schedules during the COVID-19 outbreak. The company also reported controllable completion factors of 99.85 percent and 99.99 percent for American and United respectively. Commenting on the results, Mesa Air Group Chairman and CEO Jonathan Ornstein said, “Our industry is in uncharted territory. The drop in departures and block hours reflects the significantly reduced demand our partners are seeing as a result of concerns over COVID-19. I am incredibly proud and thankful for the performance our people have continued to deliver during this turbulent time.” Operating statistics for March 2020 and fiscal year 2020 YTD are included in the table below. Mar-20Mar-19% Change YTD FY2020YTD FY2019% ChangeBlock Hours American
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- Mesa Air Group Discloses Notice from NasdaqGlobeNewswire
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