- Mesa Air Group Inc's MESA Mesa Airlines reported 28,465 block hours in November 2021, an increase of 23% year-over-year, attributable to continued increased flying and the relaxation of certain COVID restrictions.
- The company reported a controllable completion factor of 98.58% and 98.48% for its American and United operations, respectively.
- Departures in November 2021 increased 22.1% to 14,532 compared to 11,906 in November 2020.
- Block hours in November for American Airlines Group Inc AAL operations grew 5.9% Y/Y, United Airlines Holdings Inc. UAL operations increased by 37.9% Y/Y.
- Meanwhile, Block hours in November declined 7.3%, and Departures fell 6.5% versus October 2021.
- Price Action: MESA shares are trading lower by 5.97% at $5.20 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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