Market Overview

SkyWest, Inc. Reports Combined March 2016 Traffic for SkyWest Airlines and ExpressJet Airlines

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ST. GEORGE, Utah, April 6, 2016 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 171,643 block hours in March 2016, compared to 183,823 block hours in March 2015, a decrease of 12,180, or 6.6%.  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 8,000 additional block hours from its dual class aircraft (E175s, CRJ700s and CRJ900s) and a decrease of approximately 20,200 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft. 

In March 2016, SkyWest's dual class aircraft represented approximately 42% of SkyWest's total block hour production for the month compared to approximately 35% for the month of March 2015.       

SkyWest reported 486,872 block hours for year-to-date March 2016, compared to 516,774 block hours year-to-date March 2015, a decrease of 29,902, or 5.8%.  This net change was primarily driven by approximately 24,400 additional block hours from its dual class aircraft and a decrease of approximately 54,300 block hours from fewer 50-seat jet and 30-seat turboprop aircraft.

SkyWest had 101,895 departures in March 2016 compared to 109,265 in March 2015, a decrease of 7,370, or 6.7%.  SkyWest generated 3.01 billion available seat miles (ASMs) for March 2016, compared to 3.14 billion ASMs for March 2015, or a 4.1% decrease. Additional flight statistics for March, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.

SKYWEST, INC. MARCH FLIGHT STATISTICS








Block Hour Summary:








Month

Month

Month

YTD

YTD

YTD

By Fleet:

March 2016

March 2015

% Change

March 2016

March 2015

% Change

     CRJ200

55,422

59,411

(6.7)

156,758

165,946

(5.5)

     CRJ700

37,482

37,967

(1.3)

106,981

108,504

(1.4)

     CRJ900

18,226

18,294

(0.4)

52,325

50,526

3.6

     ERJ135/145

44,728

58,274

(23.2)

127,694

161,825

(21.1)

     E175

15,785

7,261

117.4

43,114

19,000

126.9

     EMB-120

-

2,616

(100.0)

-

10,973

(100.0)

Total Block Hours

171,643

183,823

(6.6)

486,872

516,774

(5.8)









Month

Month

Month

YTD

YTD

YTD

By Airline:

March 2016

March 2015

% Change

March 2016

March 2015

% Change

     SkyWest Airlines

95,573

89,749

6.5

271,536

255,396

6.3

     ExpressJet Airlines

76,070

94,074

(19.1)

215,336

261,378

(17.6)

Total Block Hours

171,643

183,823

(  6.6)

486,872

516,774

(  5.8)















Other Flight Statistics:








Month

Month

Month

YTD

YTD

YTD


March 2016

March 2015

% Change

March 2016

March 2015

% Change

Departures

101,895

109,265

(6.7)

286,475

304,599

(6.0)

Available Seat Miles

3,007,549,167

3,136,026,987

(4.1)

8,506,354,926

8,692,116,453

(2.1)

Revenue Passenger Miles

2,459,785,015

2,587,486,590

(4.9)

6,721,215,508

6,967,911,196

(3.5)

Passengers

4,670,754

4,896,859

(4.6)

12,668,546

13,190,537

(4.0)

Load Factor

81.8

82.5

(0.7) pts

79.0

80.2

(1.2) 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 3,000 scheduled daily flights carrying nearly 57 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-march-2016-traffic-for-skywest-airlines-and-expressjet-airlines-300247393.html

SOURCE SkyWest, Inc.

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