Market Overview

SkyWest, Inc. Reports Combined October 2015 Traffic for SkyWest Airlines and ExpressJet Airlines

Share:

ST. GEORGE, Utah, Nov. 9, 2015 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 170,916 block hours in October 2015, compared to 193,145 block hours in October 2014, a decrease of 22,229, or 11.5%.  The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet by adding new dual class aircraft to its fleet, while reducing its 50-seat and 30-seat aircraft.

The year-over-year net change was primarily driven by approximately 9,200 additional block hours from its incremental 76-seat E175 aircraft and a decrease of approximately 29,600 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft. 

In October 2015, SkyWest's dual class aircraft (CRJ700s, CRJ900s and E175s) represented approximately 40% of SkyWest's total block hour production for the month compared to approximately 32% for the month of October 2014.       

SkyWest reported 1,745,280 block hours for year-to-date October 2015, compared to 1,909,563 block hours year-to-date October 2014, a decrease of 164,283, or 8.6%.  This net change was primarily driven by approximately 86,000 additional block hours from SkyWest's 76-seat E175 aircraft and a decrease of approximately 239,000 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft.  

SkyWest had 101,640 departures in October 2015 compared to 114,705 in October 2014, a decrease of 13,065, or 11.4%.  SkyWest generated 3.01 billion available seat miles (ASMs) for October 2015, compared to 3.29 billion ASMs for October 2014, or a 8.5% decrease. Additional flight statistics for October, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.

SKYWEST, INC. OCTOBER FLIGHT STATISTICS



Block Hour Summary:



Month

Month

Month

YTD

YTD

YTD

By Fleet:

October 2015

October 2014

% Change

October 2015

October 2014

% Change

     CRJ200

52,842

59,762

(11.6)

557,381

607,296

(8.2)

     CRJ700

38,284

39,355

(2.7)

372,427

385,566

(3.4)

     CRJ900

16,635

17,355

(4.2)

172,581

170,488

1.2

     ERJ135/145

49,793

65,691

(24.2)

531,918

651,444

(18.3)

     E175

13,362

4,174

220.1

98,649

12,934

662.7

     EMB-120

-

6,808

(100.0)

12,324

81,835

(84.9)

Total Block Hours

170,916

193,145

(11.5)

1,745,280

1,909,563

(8.6)

















Month

Month

Month

YTD

YTD

YTD

By Airline:

October 2015

October 2014

% Change

October 2015

October 2014

% Change

     SkyWest Airlines

91,174

90,633

0.60

894,915

885,392

1.1

     ExpressJet Airlines

79,742

102,512

(22.2)

850,365

1,024,171

(17.0)

Total Block Hours

170,916

193,145

(11.5)

1,745,280

1,909,563

(8.6)





























Other Flight Statistics:



Month

Month

Month

YTD

YTD

YTD



October 2015

October 2014

% Change

October 2015

October 2014

% Change

Departures

101,640

114,705

(11.4)

1,035,070

1,144,324

(9.5)

Available Seat Miles

3,010,720,357

3,291,772,158

(8.5)

30,145,135,290

32,059,269,335

(6.0)

Revenue Passenger Miles

2,511,840,674

2,703,915,889

(7.1)

24,951,786,632

26,487,526,093

(5.8)

Passengers

4,770,200

5,043,654

(5.4)

47,383,848

49,665,959

(4.6)

Load Factor

83.4

82.1

1.6 pts

82.8

82.6

0.2 pts

About SkyWest

SkyWest, Inc. was named on Forbes 'America's Best Employers 2015' list and was Air Transport World's Regional Airline of the Year in 2014. 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 across the United States, Canada, Mexico and the Caribbean with more than 3,500 scheduled daily flights. 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. 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-october-2015-traffic-for-skywest-airlines-and-expressjet-airlines-300175256.html

SOURCE SkyWest, Inc.

View Comments and Join the Discussion!