SkyWest : Reports Combined September 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
October 08, 2018 at 04:13 pm EDT
Share
NEWS RELEASE
CONTACT:
Investor Relations
Corporate Communications
435.634.3200
435.634.3553
Investor.relations@skywest.com
corporate.communications@skywest.com
SkyWest, Inc. Reports Combined September 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
ST. GEORGE, UT, October 8, 2018 - SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 138,900 block hours in September 2018, compared to 145,200 block hours in September 2017, a decrease of 6,300 or 4.4%. 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 6,900 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 13,200 block hours from its other aircraft types.
In September 2018, SkyWest's E175 aircraft represented approximately 27% of SkyWest's total block hour production for the month compared to approximately 21% for the month of September 2017.
SkyWest reported 1,323,600 block hours for year-to-date September 2018, compared to 1,389,700 block hours year-to-date September 2017, a decrease of 66,100, or 4.8%. This net change was primarily driven by approximately 60,600 additional block hours from its E175 aircraft and a decrease of approximately 126,700 block hours from its other aircraft types.
SkyWest had 81,500 departures in September 2018 compared to 87,200 in September 2017, a decrease of 5,700, or 6.6%. Additional flight statistics for September are included in the accompanying table.
SKYWEST, INC. SEPTEMBER FLIGHT STATISTICS
Block Hour Summary:
Month
Month
Month
YTD
YTD
YTD
By Fleet:
September
September
% Change
September
September
% Change
2018
2017
2018
2017
E175
38,056
31,198
22.0
329,669
269,048
22.5
CRJ900
8,384
15,270
(45.1)
91,275
149,865
(39.1)
CRJ700
28,329
31,486
(10.0)
281,384
282,896
(0.5)
Dual class fleet
74,769
77,954
(4.1)
702,328
701,809
0.1
CRJ200
41,625
42,114
(1.2)
412,635
407,649
1.2
ERJ135/145
22,462
25,166
(10.7)
208,603
280,226
(25.6)
Single class fleet
64,087
67,280
(4.7)
621,238
687,875
(9.7)
Total Block Hours
138,856
145,234
(4.4)
1,323,566
1,389,684
(4.8)
Month
Month
Month
YTD
YTD
YTD
By Airline:
September
September
% Change
September
September
% Change
2018
2017
2018
2017
SkyWest Airlines
109,642
103,524
5.9
1,028,492
908,364
13.2
ExpressJet Airlines
29,214
41,710
(30.0)
295,074
481,320
(38.7)
Total Block Hours
138,856
145,234
(4.4)
1,323,566
1,389,684
(4.8)
Other Flight Statistics:
Month
Month
Month
YTD
YTD
YTD
September
September
September
September
% Change
2018
2017
2018
2017
Departures
81,458
87,188
765,070
826,109
(7.4)
Passengers
3,883,537
4,124,412
36,472,231
38,861,025
(6.1)
Load Factor
79.6
79.5
80.5
80.2
0.3 pts
About SkyWest
% Change
(6.6) (5.8) 0.1 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.
Attachments
Original document
Permalink
Disclaimer
SkyWest Inc. published this content on 08 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 October 2018 20:12:04 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.