SkyWest : Reports Combined June 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
July 09, 2018 at 11:04 am EDT
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SkyWest, Inc. Reports Combined June 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
ST. GEORGE, UT, July 9, 2018 - SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 149,300 block hours in June 2018, compared to 159,200 block hours in June 2017, a decrease of 9,900 or 6.2%. 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 6,100 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 16,000 block hours from its other aircraft types.
In June 2018, SkyWest's E175 aircraft represented approximately 25% of SkyWest's total block hour production for the month compared to approximately 20% for the month of June 2017.
SkyWest reported 875,500 block hours for year-to-date June 2018, compared to 919,800 block hours year-to-date June 2017, a decrease of 44,300, or 4.8%. This net change was primarily driven by approximately 39,000 additional block hours from its E175 aircraft and a decrease of approximately 83,300 block hours from its other aircraft types.
SkyWest had 87,000 departures in June 2018 compared to 96,000 in June 2017, a decrease of 9,000, or 9.4%. Additional flight statistics for June are included in the accompanying table.
SKYWEST, INC. JUNE FLIGHT STATISTICS
Block Hour Summary:
Month
Month
Month
YTD
YTD
YTD
By Fleet:
June 2018
June 2017
%
Change
June 2018
June 2017
% Change
E175
37,695
31,567
19.4
208,975
169,979
22.9
CRJ900
9,694
17,397
(44.3)
63,100
98,936
(36.2)
CRJ700
31,974
32,051
(0.2)
188,645
183,490
2.8
Dual class fleet
79,363
81,015
(2.0)
460,720
452,405
1.8
CRJ200
47,244
47,513
(0.6)
274,777
270,751
1.5
ERJ135/145
22,744
30,686
(25.9)
140,044
196,627
(28.8)
Single class fleet
69,988
78,199
(10.5)
414,821
467,378
(11.2)
Total Block Hours
149,351
159,214
(6.2)
875,541
919,783
(4.8)
Month
Month
Month
YTD
YTD
YTD
By Airline:
June 2018
June 2017
%
Change
June 2018
June 2017
% Change
SkyWest Airlines
117,374
105,360
11.4
673,228
581,756
15.7
ExpressJet Airlines
31,977
53,854
(40.6)
202,313
338,027
(40.1)
Total Block Hours
149,351
159,214
(6.2)
875,541
919,783
(4.8)
Other Flight Statistics:
Month
Month
Month
YTD
YTD
YTD
June 2018
June 2017
%
Change
June 2018
June 2017
% Change
Departures
87,011
95,990
(9.4)
503,688
544,188
(7.4)
Passengers
4,339,133
4,668,586
(7.1)
23,659,861
25,385,351
(6.8)
Load Factor
84.0
83.0
1.0 pts
79.7
80.3
(0.6) 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 approximately 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 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 July 2018 15:03:03 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.