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SKYW SkyWest Inc

75.32
0.33 (0.44%)
Last Updated: 14:30:30
Delayed by 15 minutes
Share Name Share Symbol Market Type
SkyWest Inc NASDAQ:SKYW NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.33 0.44% 75.32 74.47 75.27 75.32 74.90 75.17 11,946 14:30:30

SkyWest, Inc. Reports Combined January 2017 Traffic for SkyWest Airlines and ExpressJet Airlines

14/02/2017 7:01pm

PR Newswire (US)


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ST. GEORGE, Utah, Feb. 14, 2017 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 153,663 block hours in January 2017, compared to 162,407 block hours in January 2016, a decrease of 8,744 or 5.4%.  The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.  

The year-over-year net change was primarily driven by approximately 12,400 additional block hours from its E175 aircraft and a decrease of approximately 21,100 block hours from its other aircraft types.   

In January 2017, SkyWest's dual class aircraft represented approximately 47% of SkyWest's total block hour production for the month compared to approximately 42% for the month of January 2016.       

SkyWest had 87,467 departures in January 2017 compared to 94,605 in January 2016, a decrease of 7,138, or 7.5%.  SkyWest generated 2.67 billion available seat miles (ASMs) for January 2017, compared to 2.83 billion ASMs for January 2016, or a 5.7% decrease. Additional flight statistics for January, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.

 

SKYWEST, INC. JANUARY FLIGHT STATISTICS





Block Hour Summary:





Month

Month

Month

By Fleet:

January 2017

January 2016

% Change

     E175

26,296

13,908

89.1

     CRJ900

16,484

17,785

(7.3)

     CRJ700

29,094

35,951

(19.1)

          Dual class fleet

71,874

67,644

6.3





     CRJ200

44,479

52,093

(14.6)

     ERJ135/145

37,310

42,670

(12.6)

         Single class fleet

81,789

94,763

(13.7)





Total Block Hours

153,663

162,407

(5.4)










Month

Month

Month

By Airline:

January 2017

January 2016

% Change

     SkyWest Airlines

92,125

90,992

1.2

     ExpressJet Airlines

61,538

71,415

(13.8)

Total Block Hours

153,663

162,407

(5.4)









Other Flight Statistics:





     Month

      Month

Month


    January 2017

      January 2016

% Change

Departures

87,467

94,605

(7.5)

Available Seat Miles

2,670,242,535

2,832,887,090

(5.7)

Revenue Passenger Miles

2,045,767,273

2,180,532,936

(6.2)

Passengers

3,858,623

4,060,201

(5.0)

Load Factor

76.6

77.0

(0.4) pts

 

About SkyWest

SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest's airline companies provide commercial air service in cities throughout North America with more than 2,800 scheduled daily flights carrying nearly 54 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, SkyWest continues to set the standard for excellence in the regional industry with unmatched value for customers, shareholders and its nearly 20,000 employees. This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/skywest-inc-reports-combined-january-2017-traffic-for-skywest-airlines-and-expressjet-airlines-300407178.html

SOURCE SkyWest, Inc.

Copyright 2017 PR Newswire

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