SkyWest : Reports Combined October 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
November 09, 2018 at 08:14 am EST
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SkyWest, Inc. Reports Combined October 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
ST. GEORGE, UT, November 9, 2018 - SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 146,200 block hours in October 2018, compared to 154,500 block hours in October 2017, a decrease of 8,300 or 5.4%. The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet.
The year-over-year net change was primarily driven by approximately 8,700 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 17,000 block hours from its other aircraft types.
In October 2018, SkyWest's E175 aircraft represented approximately 28% of SkyWest's total block hour production for the month compared to approximately 21% for the month of October 2017.
SkyWest reported 1,470,000 block hours for year-to-date October 2018, compared to 1,544,000 block hours year-to-date October 2017, a decrease of 74,000, or 4.8%. This net change was primarily driven by approximately 69,000 additional block hours from its E175 aircraft and a decrease of approximately 143,000 block hours from its other aircraft types.
SkyWest had 85,200 departures in October 2018 compared to 91,900 in October 2017, a decrease of 6,700, or 7.3%. Additional flight statistics for October are included in the accompanying table.
SKYWEST, INC. OCTOBER FLIGHT STATISTICS
Block Hour Summary:
Month
Month
Month
YTD
YTD
YTD
By Fleet:
October 2018
October 2017
% Change
October 2018
October 2017
% Change
E175
41,564
32,822
26.6
371,233
301,869
23.0
CRJ900
9,104
15,233
(40.2)
100,379
165,098
(39.2)
CRJ700
29,342
33,580
(12.6)
310,726
316,475
(1.8)
Dual class fleet
80,010
81,635
(2.0)
782,338
783,442
(0.1)
CRJ200
44,266
45,889
(3.5)
456,901
453,538
0.7
ERJ135/145
21,883
26,955
(18.8)
230,486
307,182
(25.0)
Single class fleet
66,149
72,844
(9.2)
687,387
760,720
(9.6)
Total Block Hours
146,159
154,479
(5.4)
1,469,725
1,544,162
(4.8)
Month
Month
Month
YTD
YTD
YTD
By Airline:
October 2018
October 2017
% Change
October 2018
October 2017
% Change
SkyWest Airlines
117,503
111,149
5.7
1,145,995
1,019,512
12.4
ExpressJet Airlines
28,656
43,330
(33.9)
323,730
524,650
(38.3)
Total Block Hours
146,159
154,479
(5.4)
1,469,725
1,544,162
(4.8)
Other Flight Statistics:
Month
Month
Month
YTD
YTD
YTD
October 2018
October 2017
October 2018
October 2017
% Change
Departures
85,190
91,856
850,260
917,965
(7.4)
Passengers
4,176,468
4,502,883
40,648,699
43,363,908
(6.3)
Load Factor
80.2
82.5
80.5
80.5
0.0 pts
About SkyWest
% Change (7.3)
(7.2) (2.3) pts
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 nearly 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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SkyWest Inc. published this content on 09 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 November 2018 13:13:08 UTC
SkyWest, Inc. is the holding company for SkyWest Airlines, Inc. (SkyWest Airlines) and SkyWest Leasing, Inc. (SkyWest Leasing), an aircraft leasing company. The Company operates through two segments: SkyWest Airlines and SWC, and SkyWest Leasing. SkyWest Airlines offers scheduled passenger service to destinations in the United States, Canada and Mexico. The Company's flights are operated as United Express, Delta Connection, American Eagle or Alaska Airlines flights under code-share agreements with United Airlines, Inc., Delta Air Lines, Inc., American Airlines, Inc. or Alaska Airlines, Inc., respectively. SkyWest Airlines has a fleet of approximately 500 aircraft. SkyWest Charter, LLC (SWC) offers on-demand charter service using CRJ200 aircraft in a 30-seat configuration. SkyWest Leasing finances new aircraft with debt under its capacity purchase agreements, consisting of its E175 aircraft. SkyWest Leasing is also engaged in leasing aircraft and engines to third parties.