HONOLULU February 17, 2010 – go! Mokulele today reported preliminary traffic figures for January 2010 and noted it generated 11.24 million available seat miles and 6.89 million revenue passenger miles versus 13.28 million available seat miles and 8.58 million revenue passenger miles in January 2009. go! Mokulele recorded a 61.26 percent load factor compared to 64.60 percent for the same period in 2009 while passenger enplanements were 50,325 compared to 58,216 passengers carried in January 2009. go! Mokulele recorded an 82.3 percent on time performance for January 2009.
January Results Jan-10 Jan-09 Change
Revenue Passenger Miles (000) 6,888 8,581 -19.73%
Available Seat Miles (000) 11,243 13,283 -15.36%
Passengers Carried 50,325 58,216 -13.55%
Load Factor 61.26% 64.60% (3.3) pts
Year-to-date Results YTD 10 YTD 09 Change
Revenue Passenger Miles (000) 6,888 8,581 -19.73%
Available Seat Miles (000) 11,243 13,283 -15.36%
Passengers Carried 50,325 58,216 -13.55%
Load Factor 61.26% 64.60% (3.3) pts
Paul Skellon, Vice President go! said, “ While January is typically a quiet month for travel, the decline in visitors coming to Hawaii is also reflected in reduced demand for inter-island travel compared to the previous year.” Mr. Skellon continued, “We are now seeing an encouraging demand for travel in the coming months as people make plans for Spring Break, the Merrie Monarch festival and the Easter Holidays.”
Mesa Air Group Chairman and CEO, Jonathan Ornstein said, “We are cautiously optimistic that as confidence returns to the travel market in 2010, our convenient schedules and low fares will continue to make an important contribution to the growth and development of tourism and business throughout Hawaii.” Mr. Ornstein added, “I would like to take this opportunity to thank the people of Hawaii for their continued support and our partners and all the team at go! Mokulele for their commitment and hard work.”
Mesa currently operates 120 aircraft with over 650 daily system departures to 126 cities, 41 states, Canada and Mexico. Mesa operates as Delta Connection, US Airways Express and United Express under contractual agreements with Delta Air Lines, US Airways and United Airlines, respectively. In June 2006 Mesa launched inter-island Hawaiian service as go! and in October 2009 formed a joint-venture with Mokulele Airlines. The go! Mokulele operation links Honolulu to the neighbor island airports of Hilo, Kahului, Kona, Ho’olehua and Lihue. The Company, founded by Larry and Janie Risley in New Mexico in 1982, has approximately 3,500 employees.
This press release contains various forward-looking statements that are based on management's beliefs, as well as assumptions made by and information currently available to management. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, projected or expected.
1cb5bfda-75c9-41cf-a49f-35efb39763c7|0|.0