Market Overview

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

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ST. GEORGE, Utah, May 11, 2017 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 152,128 block hours in April 2017, compared to 160,322 block hours in April 2016, a decrease of 8,194 or 5.1%.  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 12,600 additional block hours from its E175 aircraft and a decrease of approximately 20,800 block hours from its other aircraft types.   

In April 2017, SkyWest's dual class aircraft represented approximately 50% of SkyWest's total block hour production for the month compared to approximately 42% for the month of April 2016.       

SkyWest reported 604,810 block hours for year-to-date April 2017, compared to 647,194 block hours year-to-date April 2016, a decrease of 42,384, or 6.5%.  This net change was primarily driven by approximately 49,400 additional block hours from its E175 aircraft and a decrease of approximately 91,800 block hours from its other aircraft types.

SkyWest had 90,600 departures in April 2017 compared to 96,297 in April 2016, a decrease of 5,697, or 5.9%.  SkyWest generated 2.72 billion available seat miles (ASMs) for April 2017, compared to 2.84 billion ASMs for April 2016, or a 4.0% decrease. Additional flight statistics for April, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.                   

SKYWEST, INC. APRIL FLIGHT STATISTICS















Block Hour Summary:








Month

Month

Month

YTD

YTD

YTD

By Fleet:

April 2017

April 2016

% Change

April 2017

April 2016

% Change

     E175

28,181

15,580

80.9

108,109

58,693

84.2

     CRJ900

16,201

17,254

(6.1)

65,045

69,579

(6.5)

     CRJ700

31,596

34,927

(9.5)

119,611

141,908

(15.7)

         Dual class fleet

75,978

67,761

12.1

292,765

270,180

8.4








     CRJ200

44,214

52,520

(15.8)

177,490

209,278

(15.2)

     ERJ135/145

31,936

40,041

(20.2)

134,555

167,736

(19.8)

         Single class fleet

76,150

92,561

(17.7)

312,045

377,014

(17.2)








Total Block Hours

152,128

160,322

(5.1)

604,810

647,194

(6.5)
















Month

Month

Month

YTD

YTD

YTD

By Airline:

April 2017

April 2016

% Change

April 2017

April 2016

% Change

     SkyWest Airlines

97,445

91,073

7.0

375,279

362,609

3.5

     ExpressJet Airlines

54,683

69,249

(21.0)

229,531

284,585

(19.3)








Total Block Hours

152,128

160,322

(5.1)

604,810

647,194

(6.5)















Other Flight Statistics:








     Month

      Month

Month

    YTD

   YTD

YTD


    April 2017

      April 2016

% Change

    April 2017

    April 2016

% Change

Departures

90,600

96,297

(5.9)

354,462

328,772

(7.4)

Available Seat Miles

2,721,023,164

2,835,342,149

(4.0)

10,679,306,554

11,341,697,075

(5.8)

Revenue Passenger Miles

2,203,784,258

2,307,496,880

(4.5)

8,460,188,950

9,028,712,388

(6.3)

Passengers

4,250,019

4,412,028

(3.7)

16,270,396

17,080,574

(4.7)

Load Factor

81.0

81.4

(0.4) pts

79.2

79.6

(0.4) pts

 

About SkyWest

SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest's airline companies provide commercial air service in cities throughout North America with more than 3,000 daily flights carrying more than 53 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 across the regional industry with unmatched value for customers, shareholders and its more than 19,000 employees.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/skywest-inc-reports-combined-april-2017-traffic-for-skywest-airlines-and-expressjet-airlines-300455771.html

SOURCE SkyWest, Inc.

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