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



ST. GEORGE, Utah, Oct. 6, 2017 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 145,234 block hours in September 2017, compared to 154,095 block hours in September 2016, a decrease of 8,861 or 5.8%.  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 12,100 additional block hours from its E175 aircraft and a decrease of approximately 21,000 block hours from its other aircraft types.   

In September 2017, SkyWest's dual class aircraft represented approximately 54% of SkyWest's total block hour production for the month compared to approximately 42% for the month of September 2016.

SkyWest reported 1,389,684 block hours for year-to-date September 2017, compared to 1,473,756 block hours year-to-date September 2016, a decrease of 84,072, or 5.7%.  This net change was primarily driven by approximately 118,000 additional block hours from its E175 aircraft and a decrease of approximately 202,000 block hours from its other aircraft types.

SkyWest had 87,188 departures in September 2017 compared to 93,140 in September 2016, a decrease of 5,952, or 6.4%.  Additional flight statistics for September are included in the accompanying table. SkyWest has discontinued providing available seat miles (ASMs) and revenue passenger miles (RPMs) in monthly traffic releases as ASMs and RPMs are not meaningful metrics in SkyWest's capacity purchase agreements and business model. 

SKYWEST, INC. SEPTEMBER FLIGHT STATISTICS


Block Hour Summary:








Month

Month

Month

YTD

YTD

YTD

By Fleet:

September 2017

September 2016

% Change

September 2017

September 2016

% Change

     E175

31,198

19,111

63.2

269,048

151,373

77.7

     CRJ900

15,270

16,240

(6.0)

149,865

155,189

(3.4)

     CRJ700

31,486

29,482

6.8

282,896

315,837

(10.4)

         Dual class fleet

77,954

64,833

20.2

701,809

622,399

12.8








     CRJ200

42,114

49,464

(14.9)

407,649

476,521

(14.5)

     ERJ135/145

25,166

39,798

(36.8)

280,226

374,836

(25.2)

         Single class fleet

67,280

89,262

(24.6)

687,875

851,357

(19.2)








Total Block Hours

145,234

154,095

(5.8)

1,389,684

1,473,756

(5.7)
















Month

Month

Month

YTD

YTD

YTD

By Airline:

September 2017

September 2016

% Change

September 2017

September 2016

% Change

     SkyWest Airlines

103,524

86,818

19.2

908,364

835,445

8.7

     ExpressJet Airlines

41,710

67,277

(38.0)

481,320

638,311

(24.6)








Total Block Hours

145,234

154,095

(5.8)

1,389,684

1,473,756

(5.7)















Other Flight Statistics:








     Month

      Month

Month

    YTD

   YTD

YTD


September 2017

September 2016

% Change

September 2017

September 2016

% Change

Departures

87,188

93,140

(6.4)

826,109

879,891

(6.1)

Passengers

4,124,412

4,363,058

(5.5)

38,861,025

40,612,654

(4.3)

Load Factor

79.5

82.8

(3.3) pts

80.2

81.9

(1.7) 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 2,500 daily flights carrying more than 50 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines ("United"), Delta Air Lines ("Delta"), American Airlines ("American") and Alaska Airlines. ExpressJet Airlines operates through partnerships with United, Delta and American. 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 17,000 employees. This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.

 

SOURCE SkyWest, Inc.


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