Mesa Air's reports metrics following amended agreement with American Airlines

Mesa Air Group, Inc. has announced that, under the recent amendment to its agreement with American Airlines, the company did not meet certain performance metrics during the most recent measurement period, the company said.

Failure to meet the performance metrics has allowed American to remove two additional aircraft from the capacity purchase agreement.

American has agreed to defer the right to remove these two aircraft but has elected to remove one of two previously deferred aircraft, the company said.

Based on the increased utilization of the remaining fleet, fiscal second quarter 2020 (ending March 31) block hours for American are expected to be within one percent of block hour production for the same period last year.