ST. GEORGE, Utah, Jan. 8, 2018 /PRNewswire/ — SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 151,437 block hours in December 2017, compared to 156,788 block hours in December 2016, a decrease of 5,351 or 3.4%.  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.  

The year-over-year net change was primarily driven by approximately 9,000 additional block hours from its E175 aircraft and a decrease of approximately 14,400 block hours from its other aircraft types.   

In December 2017, SkyWest’s dual class aircraft represented approximately 53% of SkyWest’s total block hour production for the month compared to approximately 45% for the month of December 2016.       

SkyWest reported 1,839,779 block hours for year-to-date December 2017, compared to 1,938,492 block hours year-to-date December 2016, a decrease of 98,713, or 5.1%.  This net change was primarily driven by approximately 148,200 additional block hours from its E175 aircraft and a decrease of approximately 246,900 block hours from its other aircraft types.

SkyWest had 84,936 departures in December 2017 compared to 89,553 in December 2016, a decrease of 4,617, or 5.2%.  Additional flight statistics for December are included in the accompanying table. SkyWest has discontinued providing available seat miles (ASMs) and revenue passenger miles (RPMs) in its monthly traffic releases as ASMs and RPMs are not meaningful metrics in SkyWest’s capacity purchase agreements and business model. 

SKYWEST, INC. DECEMBER FLIGHT STATISTICS

Block Hour Summary:

Month

Month

Month

YTD

YTD

YTD

By Fleet:

December
2017

December
2016

%
Change

December
2017

December
2016

%
Change

     E175

33,889

24,884

36.2

367,601

219,421

67.5

     CRJ900

13,103

17,122

(23.5)

191,629

205,233

(6.6)

     CRJ700

32,764

28,416

15.3

380,308

403,144

(5.7)

Dual class fleet

79,756

70,422

13.3

939,538

827,798

13.5

     CRJ200

45,947

48,111

(4.5)

543,195

619,840

(12.4)

     ERJ135/145

25,734

38,255

(32.7)

357,046

490,854

(27.3)

         Single class fleet

71,681

86,366

(17.0)

900,241

1,110,694

(18.9)

Total Block Hours

151,437

156,788

(3.4)

1,839,779

1,938,492

(5.1)

Month

Month

Month

YTD

YTD

YTD

By Airline:

December
2017

December
2016

%
Change

December
2017

December
2016

%
Change

     SkyWest Airlines

112,043

91,918

21.9

1,237,547

1,105,031

12.0

     ExpressJet Airlines

39,394

64,870

(39.3)

602,232

833,461

(27.7)

Total Block Hours

151,437

156,788

(3.4)

1,839,779

1,938,492

(5.1)

Other Flight Statistics:

Month

Month

Month

YTD

YTD

YTD

December
2017

December
2016

%
Change

December
2017

December
2016

%
Change

Departures

84,936

89,553

(5.2)

1,087,052

1,153,480

(5.8)

Passengers

4,042,576

4,229,554

(4.4)

51,483,552

53,539,438

(3.8)

Load Factor

80.9

82.3

  (1.4) pts

80.4

82.1

(1.7) pts

About SkyWest

Based in St. George, Utah, SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company with more than 17,000 employees. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 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.  This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/skywest-inc-reports-combined-december-2017-traffic-for-skywest-airlines-and-expressjet-airlines-300579224.html

SOURCE SkyWest, Inc.