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SKYW SkyWest Inc

75.99
2.72 (3.71%)
03 May 2024 - Closed
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
  2.72 3.71% 75.99 72.00 75.99 75.33 73.49 73.96 363,085 00:59:59

SkyWest, Inc. Reports Combined November 2018 Traffic for SkyWest Airlines and ExpressJet Airlines

12/12/2018 1:00pm

PR Newswire (US)


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ST. GEORGE, Utah, Dec. 12, 2018 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 140,000 block hours in November 2018, compared to 144,200 block hours in November 2017, a decrease of 4,200 or 2.9%.  The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet.  

The year-over-year net change was primarily driven by approximately 9,300 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 13,500 block hours from its other aircraft types.   

In November 2018, SkyWest's E175 aircraft represented approximately 29% of SkyWest's total block hour production for the month compared to approximately 22% for the month of November 2017.       

SkyWest reported 1,610,000 block hours for year-to-date November 2018, compared to 1,688,000 block hours year-to-date November 2017, a decrease of 78,000, or 4.7%.  This net change was primarily driven by approximately 79,000 additional block hours from its E175 aircraft and a decrease of approximately 157,000 block hours from its other aircraft types.

SkyWest had 78,800 departures in November 2018 compared to 84,200 in November 2017, a decrease of 5,400, or 6.3%.  Additional flight statistics for November are included in the accompanying table.

SKYWEST, INC. NOVEMBER FLIGHT STATISTICS



Block Hour Summary:








Month

Month

Month

YTD

YTD

YTD

By Fleet:

November
2018

November
2017

%   Change

November
2018

November
2017

%  Change

     E175

41,139

31,842

29.2

412,372

333,712

23.6

     CRJ900

8,844

13,428

(34.1)

109,223

178,526

(38.8)

     CRJ700

25,589

31,068

(17.6)

336,315

347,544

(3.2)

          Dual class fleet

75,572

76,338

(1.0)

857,910

859,782

(0.2)








     CRJ200

42,022

43,712

(3.9)

498,923

497,249

0.3

     ERJ135/145

22,432

24,130

(7.0)

252,918

331,311

(23.7)

         Single class fleet

64,454

67,842

(5.0)

751,841

828,560

(9.3)








Total Block Hours

140,026

144,180

(2.9)

1,609,751

1,688,342

(4.7)
















Month

Month

Month

YTD

YTD

YTD

By Airline:

November
2018

November
2017

%   Change

November
2018

November
2017

%  Change

     SkyWest Airlines

112,768

105,991

6.4

1,258,763

1,125,504

11.8

     ExpressJet Airlines

27,258

38,189

(28.6)

350,988

562,838

(37.6)








Total Block Hours

140,026

144,180

(2.9)

1,609,751

1,688,342

(4.7)















Other Flight Statistics:








Month

Month

Month

YTD

YTD

YTD


November
2018

November
2017

%   Change

November
2018

November
2017

%  Change

Departures

78,847

84,151

(6.3)

929,107

1,002,116

(7.3)

Passengers

3,850,367

4,077,068

(5.6)

44,499,066

47,440,976

(6.2)

Load Factor

82.9

82.0

  0.9 pts

80.7

80.4

 0.3 pts

About SkyWest

Based in St. George, Utah, SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company with more than 17,000 employees. SkyWest's airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying nearly 50 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines ("United"), Delta Air Lines ("Delta"), American Airlines ("American") and Alaska Airlines. ExpressJet Airlines operates through partnerships with United, Delta and American.  This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.

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Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/skywest-inc-reports-combined-november-2018-traffic-for-skywest-airlines-and-expressjet-airlines-300763961.html

SOURCE SkyWest, Inc.

Copyright 2018 PR Newswire

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