Market Overview

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

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ST. GEORGE, Utah, July 7, 2017 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 159,214 block hours in June 2017, compared to 168,060 block hours in June 2016, a decrease of 8,846 or 5.3%.  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 13,800 additional block hours from its E175 aircraft and a decrease of approximately 22,600 block hours from its other aircraft types.   

In June 2017, SkyWest's dual class aircraft represented approximately 51% of SkyWest's total block hour production for the month compared to approximately 43% for the month of June 2016.       

SkyWest reported 919,783 block hours for year-to-date June 2017, compared to 980,209 block hours year-to-date June 2016, a decrease of 60,426, or 6.2%.  This net change was primarily driven by approximately 76,400 additional block hours from its E175 aircraft and a decrease of approximately 136,800 block hours from its other aircraft types.

SkyWest had 95,990 departures in June 2017 compared to 101,230 in June 2016, a decrease of 5,240, or 5.2%.  SkyWest generated 2.84 billion available seat miles (ASMs) for June 2017, compared to 2.95 billion ASMs for June 2016, or a 3.9% decrease. Additional flight statistics for June, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.

SKYWEST, INC. JUNE FLIGHT STATISTICS








Block Hour Summary:








Month

Month

Month

YTD

YTD

YTD

By Fleet:

June 2017

June 2016

% Change

June 2017

June 2016

% Change

     E175

31,567

17,786

77.5

169,979

93,613

81.6

     CRJ900

17,397

17,050

2.0

98,936

103,536

(4.4)

     CRJ700

32,051

36,972

(13.3)

183,490

215,832

(15.0)

        Dual class fleet

81,015

71,808

12.8

452,405

412,981

9.5








     CRJ200

47,513

54,391

(12.6)

270,751

317,029

(14.6)

     ERJ135/145

30,686

41,861

(26.7)

196,627

250,199

(21.4)

         Single class fleet

78,199

96,252

(18.8)

467,378

567,228

(17.6)








Total Block Hours

159,214

168,060

(5.3)

919,783

980,209

(6.2)
















Month

Month

Month

YTD

YTD

YTD

By Airline:

June 2017

June 2016

% Change

June 2017

June 2016

% Change

     SkyWest Airlines

105,360

95,860

9.9

581,756

553,158

5.2

     ExpressJet Airlines

53,854

72,200

(25.4)

338,027

427,051

(20.8)








Total Block Hours

159,214

168,060

(5.3)

919,783

980,209

(6.2)















Other Flight Statistics:








     Month

      Month

Month

    YTD

   YTD

YTD


    June 2017

      June 2016

% Change

    June 2017

    June 2016

% Change

Departures

95,990

101,230

(5.2)

544,188

582,929

(6.6)

Available Seat Miles

2,838,160,939

2,951,889,278

(3.9)

16,299,728,025

17,221,116,559

(5.4)

Revenue Passenger Miles

2,355,889,612

2,495,327,338

(5.6)

13,082,038,542

13,971,347,685

(6.4)

Passengers

4,668,586

4,836,640

(3.5)

25,385,351

26,583,951

(4.5)

Load Factor

83.0

84.5

(1.5) pts

80.3

81.1

(0.8) 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 approximately 50 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-june-2017-traffic-for-skywest-airlines-and-expressjet-airlines-300484400.html

SOURCE SkyWest, Inc.

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