SkyWest, Inc. Reports Combined August 2017 Traffic for SkyWest Airlines and ExpressJet Airlines

By: | at 04:01 PM | Air Cargo  

ST. GEORGE, Utah - SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 162,241 block hours in August 2017, compared to 169,939 block hours in August 2016, a decrease of 7,698 or 4.5%. 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 14,600 additional block hours from its E175 aircraft and a decrease of approximately 22,300 block hours from its other aircraft types.

In August 2017, SkyWest’s dual class aircraft represented approximately 53% of SkyWest’s total block hour production for the month compared to approximately 42% for the month of August 2016.

SkyWest reported 1,244,450 block hours for year-to-date August 2017, compared to 1,319,661 block hours year-to-date August 2016, a decrease of 75,211, or 5.7%. This net change was primarily driven by approximately 105,600 additional block hours from its E175 aircraft and a decrease of approximately 180,800 block hours from its other aircraft types.

SkyWest had 97,188 departures in August 2017 compared to 101,887 in August 2016, a decrease of 4,699, or 4.6%. Additional flight statistics for August are included in the accompanying table. SkyWest has discontinued providing available seat miles (ASMs) and revenue passenger miles (RPMs) it monthly traffic releases as ASMs and RPMs are not meaningful metrics in SkyWest’s capacity purchase agreements and business model.

SKYWEST, INC. AUGUST FLIGHT STATISTICS
Block Hour Summary:
Month Month Month YTD YTD YTD
By Fleet: August 2017 August 2016 % Change August 2017 August 2016 % Change
E175 34,234 19,617 74.5 237,849 132,262 79.8
CRJ900 17,919 17,752 0.9 134,594 138,949 (3.1)
CRJ700 34,329 34,650 (0.9) 251,412 286,355 (12.2)
Dual class fleet 86,482 72,019 20.1 623,855 557,566 11.9
CRJ200 47,654 54,767 (13.0) 365,534 427,057 (14.4)
ERJ135/145 28,105 43,153 (34.9) 255,061 335,038 (23.9)
Single class fleet 75,759 97,920 (22.6) 620,595 762,095 (18.6)
Total Block Hours 162,241 169,939 (4.5) 1,244,450 1,319,661 (5.7)
Month Month Month YTD YTD YTD
By Airline: August 2017 August 2016 % Change August 2017 August 2016 % Change
SkyWest Airlines 112,921 97,427 15.9 804,840 748,627 7.5
ExpressJet Airlines 49,320 72,512 (32.0) 439,610 571,034 (23.0)
Total Block Hours 162,241 169,939 (4.5) 1,244,450 1,319,661 (5.7)
Other Flight Statistics:
Month Month Month YTD YTD YTD
August 2017 August 2016 % Change August 2017 August 2016 % Change
Departures 97,188 101,887 (4.6) 738,921 786,751 (6.1)
Passengers 4,652,111 4,779,123 (2.7) 34,736,613 36,249,596 (4.2)
Load Factor 80.9 82.7 (1.8) pts 80.6 81.8 (1.2) pts

About SkyWest

SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with more than 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. Based in St. George, Utah, SkyWest continues to set the standard for excellence across the regional industry with unmatched value for customers, shareholders and its more than 18,000 employees. This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.

PR Newswire's avatar
More about PR Newswire
PR Newswire is the leading global provider of marketing and communications solutions that let you optimize and distribute multimedia content to actively engage all key audiences, across all traditional, digital, social and mobile channels, anywhere in the world.

Discussion

Be the first to comment on this article!

To avoid Spammers, we ask that you log in using your AJOT.com account. Free accounts have access to commenting.

Did you forget your password?

It happens...