Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

SkyWest, Inc. Reports Combined September 2015 Traffic for SkyWest Airlines and ExpressJet Airlines

SKYW

ST. GEORGE, Utah, Oct. 12, 2015 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 162,742 block hours in September 2015, compared to 183,852 block hours in September 2014, a decrease of 21,110, or 11.5%.  The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet by adding new dual class aircraft to its fleet, while reducing its 50-seat and 30-seat aircraft.

The year-over-year net change was primarily driven by approximately 9,500 additional block hours from its additional 76-seat E175 aircraft and a decrease of approximately 28,000 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft. 

In September 2015, SkyWest's dual class aircraft (CRJ700s, CRJ900s and E175s) represented approximately 39% of SkyWest's total block hour production for the month compared to approximately 31% for the month of September 2014.       

SkyWest reported 1,574,364 block hours for year-to-date September 2015, compared to 1,716,417 block hours through September 2014, a decrease of 142,053, or 8.3%.  This net change was primarily driven by approximately 76,500 additional block hours from SkyWest's 76-seat E175 aircraft and a decrease of approximately 209,000 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft.  

SkyWest had 98,005 departures in September 2015 compared to 110,142 in September 2014, a decrease of 12,137, or 11.0%.  SkyWest generated 2.87 billion available seat miles (ASMs) for September 2015, compared to 3.13 billion ASMs for September 2014, or a 8.3% decrease. Additional flight statistics for September, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.

                                                         

SKYWEST, INC. SEPTEMBER FLIGHT STATISTICS


Block Hour Summary:








Month

Month

Month

YTD

YTD

YTD

By Fleet:

September 2015

September 2014

% Change

September 2015

September 2014

% Change

     CRJ200

51,703

58,501

(11.6)

504,539

547,533

(  7.9)

     CRJ700

35,329

37,219

(  5.1)

334,143

346,211

(  3.5)

     CRJ900

15,494

16,295

(  4.9)

155,946

153,132

1.8

     ERJ135/145

47,702

62,131

(23.2)

482,125

585,753

(17.7)

     E175

12,514

3,061

308.8

85,287

8,760

873.6

     EMB-120

-

6,645

(100.0)

12,324

75,028

(83.6)

Total Block Hours

162,742

183,852

(11.5)

1,574,364

1,716,417

(  8.3)









Month

Month

Month

YTD

YTD

YTD

By Airline:

September 2015

September 2014

% Change

September 2015

September 2014

% Change

     SkyWest Airlines

86,498

85,595

1.10

803,741

794,758

1.1

     ExpressJet Airlines

76,244

98,257

(22.4)

770,623

921,659

(16.4)

Total Block Hours

162,742

183,852

(11.5)

1,574,364

1,716,417

(  8.3)















Other Flight Statistics:








Month

Month

Month

YTD

YTD

YTD


September 2015

September 2014

% Change

September 2015

September 2014

% Change

Departures

98,005

110,142

(11.0)

933,430

1,029,619

( 9.3 )

Available Seat Miles

2,869,841,174

3,128,517,594

( 8.3 )

27,134,414,933

28,767,497,177

( 5.7 )

Revenue Passenger Miles

2,353,571,168

2,530,579,082

( 7.0 )

22,439,945,958

23,783,610,204

( 5.6 )

Passengers

4,518,515

4,744,658

( 4.8 )

42,613,648

44,622,305

( 4.5 )

Load Factor

82.0

80.9

1.4 pts

82.7

82.7

0.0 pts

 

About SkyWest

SkyWest, Inc. was named on Forbes 'America's Best Employers 2015' list and was Air Transport World's Regional Airline of the Year in 2014. SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest's airline companies provide commercial air service in cities across the United States, Canada, Mexico and the Caribbean with more than 3,500 scheduled daily flights. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, US Airways, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. SkyWest continues to set the standard for excellence in the regional industry with unmatched value for customers, shareholders and its nearly 20,000 employees. This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/skywest-inc-reports-combined-september-2015-traffic-for-skywest-airlines-and-expressjet-airlines-300158189.html

SOURCE SkyWest, Inc.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today