ST. GEORGE, Utah, March 8, 2018 /PRNewswire/ — SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 135,000 block hours in February 2018, compared to 137,100 block hours in February 2017, a decrease of 2,100 or 1.6%.  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.

The year-over-year net change was primarily driven by approximately 6,000 additional block hours from its E175 aircraft and a decrease of approximately 8,100 block hours from its other aircraft types.

In February 2018, SkyWest’s dual class aircraft represented approximately 52% of SkyWest’s total block hour production for the month compared to approximately 48% for the month of February 2017.       

SkyWest reported 282,700 block hours for year-to-date February 2018, compared to 290,800 block hours year-to-date February 2017, a decrease of 8,100, or 2.8%.  This net change was primarily driven by approximately 13,200 additional block hours from its E175 aircraft and a decrease of approximately 21,300 block hours from its other aircraft types.

SkyWest had 76,100 departures in February 2018 compared to 80,400 in February 2017, a decrease of 4,300, or 5.4%.  Additional flight statistics for February are included in the accompanying table.

SKYWEST, INC. FEBRUARY FLIGHT STATISTICS

Block Hour Summary:

Month

Month

Month

YTD

YTD

YTD

By Fleet:

February 2018

February 2017

% Change

February 2018

February 2017

% Change

     E175

30,495

24,511

24.4

64,005

50,807

26.0

     CRJ900

10,233

14,739

(30.6)

22,104

31,223

(29.2)

     CRJ700

29,336

26,704

9.9

61,671

55,798

10.5

Dual class fleet

70,064

65,954

6.2

147,780

137,828

7.2

     CRJ200

41,654

39,733

4.8

87,614

84,212

4.0

     ERJ135/145

23,257

31,449

(26.0)

47,333

68,759

(31.2)

         Single class fleet

64,911

71,182

(8.8)

134,947

152,971

(11.8)

Total Block Hours

134,975

137,136

(1.6)

282,727

290,799

(2.8)

Month

Month

Month

YTD

YTD

YTD

By Airline:

February 2018

February 2017

% Change

February 2018

February 2017

% Change

     SkyWest Airlines

101,118

84,089

20.3

212,550

176,214

20.6

     ExpressJet Airlines

33,857

53,047

(36.2)

70,177

114,585

(38.8)

Total Block Hours

134,975

137,136

(1.6)

282,727

290,799

(2.8)

Other Flight Statistics:

Month

Month

Month

YTD

YTD

YTD

February 2018

February 2017

% Change

February 2018

February 2017

% Change

Departures

76,058

80,385

(5.4)

160,381

167,852

(4.5)

Passengers

3,489,819

3,634,100

(4.0)

7,177,832

7,492,723

(4.2)

Load Factor

77.7

78.0

  (0.3) pts

75.9

77.3

(1.4) 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.

 

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SOURCE SkyWest, Inc.