Market Overview

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

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ST. GEORGE, Utah, June 6, 2017 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 155,758 block hours in May 2017, compared to 164,955 block hours in May 2016, a decrease of 9,197 or 5.6%.  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 13,200 additional block hours from its E175 aircraft and a decrease of approximately 22,400 block hours from its other aircraft types.   

In May 2017, SkyWest's dual class aircraft represented approximately 50% of SkyWest's total block hour production for the month compared to approximately 43% for the month of May 2016.       

SkyWest reported 760,569 block hours for year-to-date May 2017, compared to 812,149 block hours year-to-date May 2016, a decrease of 51,580, or 6.4%.  This net change was primarily driven by approximately 62,600 additional block hours from its E175 aircraft and a decrease of approximately 114,200 block hours from its other aircraft types.

SkyWest had 93,736 departures in May 2017 compared to 98,927 in May 2016, a decrease of 5,191, or 5.2%.  SkyWest generated 2.78 billion available seat miles (ASMs) for May 2017, compared to 2.93 billion ASMs for May 2016, or a 5.0% decrease. Additional flight statistics for May, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.


SKYWEST, INC. MAY FLIGHT STATISTICS


Block Hour Summary:








Month

Month

Month

YTD

YTD

YTD

By Fleet:

May 2017

May 2016

% Change

May 2017

May 2016

% Change

     E175

30,303

17,133

76.9

138,412

75,826

82.5

     CRJ900

16,494

16,907

(2.4)

81,539

86,486

(5.7)

     CRJ700

31,828

36,953

(13.9)

151,441

178,861

(15.3)

Dual class fleet

78,625

70,993

10.8

371,392

341,173

8.9








     CRJ200

45,748

53,360

(14.3)

223,237

262,638

(15.0)

     ERJ135/145

31,385

40,602

(22.7)

165,940

208,338

(20.4)

         Single class fleet

77,133

93,962

(17.9)

389,177

470,976

(17.4)








Total Block Hours

155,758

164,955

(5.6)

760,569

812,149

(6.4)
















Month

Month

Month

YTD

YTD

YTD

By Airline:

May 2017

May 2016

% Change

May 2017

May 2016

% Change

     SkyWest Airlines

101,116

94,689

6.8

476,396

457,298

4.2

     ExpressJet Airlines

54,642

70,266

(22.2)

284,173

354,851

(19.9)








Total Block Hours

155,758

164,955

(5.6)

760,569

812,149

(6.4)















Other Flight Statistics:








     Month

      Month

Month

    YTD

   YTD

YTD


    May 2017

      May 2016

% Change

    May 2017

    May 2016

% Change

Departures

93,736

98,927

(5.2)

448,198

481,699

(7.0)

Available Seat Miles

2,782,260,532

2,927,530,206

(5.0)

13,461,567,086

14,269,227,281

(5.7)

Revenue Passenger Miles

2,265,959,980

2,447,307,959

(7.4)

10,726,148,930

11,476,020,347

(6.5)

Passengers

4,446,369

4,666,737

(4.7)

20,716,765

21,747,311

(4.7)

Load Factor

81.4

83.6

(2.2) pts

79.7

80.4

(0.7) 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 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 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-may-2017-traffic-for-skywest-airlines-and-expressjet-airlines-300469261.html

SOURCE SkyWest, Inc.

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