Market Overview

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

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ST. GEORGE, Utah, April 10, 2017 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 161,884 block hours in March 2017, compared to 171,643 block hours in March 2016, a decrease of 9,759 or 5.7%.  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.  

SkyWest, Inc. Logo

The year-over-year net change was primarily driven by approximately 13,300 additional block hours from its E175 aircraft and a decrease of approximately 23,100 block hours from its other aircraft types.   

In March 2017, SkyWest's dual class aircraft represented approximately 49% of SkyWest's total block hour production for the month compared to approximately 42% for the month of March 2016.       

SkyWest reported 452,683 block hours for year-to-date March 2017, compared to 486,872 block hours year-to-date March 2016, a decrease of 34,189, or 7.0%.  This net change was primarily driven by approximately 36,800 additional block hours from its E175 aircraft and a decrease of approximately 71,000 block hours from its other aircraft types.

SkyWest had 96,010 departures in March 2017 compared to 101,895 in March 2016, a decrease of 5,885, or 5.8%.  SkyWest generated 2.86 billion available seat miles (ASMs) for March 2017, compared to 3.01 billion ASMs for March 2016, or a 5.1% 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 2017

March 2016

% Change

March 2017

March 2016

% Change

     E175

29,120

15,785

84.5

79,927

43,114

85.4

     CRJ900

17,621

18,226

(3.3)

48,844

52,325

(6.7)

     CRJ700

32,219

37,482

(14.0)

88,017

106,981

(17.7)

         Dual class fleet

78,960

71,493

10.4

216,788

202,420

7.1








     CRJ200

49,063

55,422

(11.5)

133,275

156,758

(15.0)

     ERJ135/145

33,861

44,728

(24.3)

102,620

127,694

(19.6)

         Single class fleet

82,924

100,150

(17.2)

235,895

284,452

(17.1)








Total Block Hours

161,884

171,643

(5.7)

452,683

486,872

(7.0)
















Month

Month

Month

YTD

YTD

YTD

By Airline:

March 2017

March 2016

% Change

March 2017

March 2016

% Change

     SkyWest Airlines

101,621

95,573

6.3

277,835

271,536

2.3

     ExpressJet Airlines

60,263

76,070

(20.8)

174,848

215,336

(18.8)








Total Block Hours

161,884

171,643

(5.7)

452,683

486,872

(7.0)















Other Flight Statistics:








     Month

      Month

Month

    YTD

   YTD

YTD


    March 2017

      March 2016

% Change

    March 2017

    March 2016

% Change

Departures

96,010

101,895

(5.8)

263,862

286,475

(7.9)

Available Seat Miles

2,855,386,692

3,007,549,167

(5.1)

7,958,283,390

8,506,354,926

(6.4)

Revenue Passenger Miles

2,314,289,048

2,459,785,015

(5.9)

6,256,404,692

6,721,215,508

(6.9)

Passengers

4,527,654

4,670,754

(3.1)

12,020,377

12,668,546

(5.1)

Load Factor

81.0

81.8

(0.8) pts

78.6

79.0

(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 3,000 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 19,000 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-2017-traffic-for-skywest-airlines-and-expressjet-airlines-300437491.html

SOURCE SkyWest, Inc.

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