Mesa Air Group, Inc. (Nasdaq: MESA) reported its preliminary traffic figures, on-time performance and completion rate figures for February 2006. Year-over-year available seat miles increased 11.2% in February 2006 to 663 million, compared to 596 million in February 2005. Revenue passenger miles increased 13.4% from 428 million in 2005 to 485 million in 2006. Passenger enplanements increased 13.7% from 930,526 in February 2005 to 1,058,229 in February 2006. Year-over-year load factor for the month of February increased from 71.7% in 2005 to 73.1% in 2006.
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Mesa Air Group had a controllable completion rate, excluding weather-related cancellations, of 99.2% in February with an on-time arrival performance of 77.8%. Mesa Airlines, which operate regional jets as America West Express, United Express and US Airways Express, had a controllable completion rate of 99.3% in February. Mesa Airline's on-time arrival performance for the month of February was 77.9%. Freedom Airlines, which operates regional jets as Delta Connection, had a controllable completion rate of 99.9%. Freedom Airline's on-time arrival performance for the month of February was 70.7%. Air Midwest, which operates Mesa's 19-seat turboprops under pro-rate revenue-sharing agreements, reported a controllable completion rate for February of 98.0% with an on-time arrival performance of 80.5%.
PR Newswire
(Logo: http://www.newscom.com/cgi-bin/prnh/19990210/LAW065)
Mesa Air Group had a controllable completion rate, excluding weather-related cancellations, of 99.2% in February with an on-time arrival performance of 77.8%. Mesa Airlines, which operate regional jets as America West Express, United Express and US Airways Express, had a controllable completion rate of 99.3% in February. Mesa Airline's on-time arrival performance for the month of February was 77.9%. Freedom Airlines, which operates regional jets as Delta Connection, had a controllable completion rate of 99.9%. Freedom Airline's on-time arrival performance for the month of February was 70.7%. Air Midwest, which operates Mesa's 19-seat turboprops under pro-rate revenue-sharing agreements, reported a controllable completion rate for February of 98.0% with an on-time arrival performance of 80.5%.
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February Results Feb-06 Feb-05 Change
Revenue Passenger Miles (000) 484,935 427,501 13.4%
Available Seat Miles (000) 663,085 596,270 11.2%
Passengers Carried 1,058,229 930,526 13.7%
Load Factor 73.1% 71.7% 1.4 pts
Year-to-date Results YTD 06 YTD 05 Change
Revenue Passenger Miles (000) 984,705 879,362 12.0%
Available Seat Miles (000) 1,394,827 1,241,349 12.4%
Passengers Carried 2,126,581 1,901,935 11.8%
Load Factor 70.6% 70.8% (0.2) ptsPR Newswire
