SkyWest : Reports Combined May 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
June 07, 2018 at 08:33 am EDT
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SkyWest, Inc. Reports Combined May 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
ST. GEORGE, UT, June 7, 2018 - SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 145,300 block hours in May 2018, compared to 155,800 block hours in May 2017, a decrease of 10,500 or 6.7%. 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 6,400 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 16,900 block hours from its other aircraft types.
In May 2018, SkyWest's dual-class aircraft represented approximately 53% of SkyWest's total block hour production for the month compared to approximately 50% for the month of May 2017.
SkyWest reported 726,200 block hours for year-to-date May 2018, compared to 760,600 block hours year-to-date May 2017, a decrease of 34,400, or 4.5%. This net change was primarily driven by approximately 32,900 additional block hours from its E175 aircraft and a decrease of approximately 67,300 block hours from its other aircraft types.
SkyWest had 85,000 departures in May 2018 compared to 93,700 in May 2017, a decrease of 8,700, or 9.3%. Additional flight statistics for May are included in the accompanying table.
SKYWEST, INC. MAY FLIGHT STATISTICS
Block Hour Summary:
Month
Month
Month
YTD
YTD
YTD
By Fleet:
May 2018
May 2017
%
Change
May 2018
May 2017
% Change
E175
36,680
30,303
21.0
171,279
138,412
23.7
CRJ900
9,468
16,494
(42.6)
53,406
81,539
(34.5)
CRJ700
31,212
31,828
(1.9)
156,674
151,441
3.5
Dual class fleet
77,360
78,625
(1.6)
381,359
371,392
2.7
CRJ200
46,470
45,748
1.6
227,532
223,237
1.9
ERJ135/145
21,442
31,385
(31.7)
117,299
165,940
(29.3)
Single class fleet
67,912
77,133
(12.0)
344,831
389,177
(11.4)
Total Block Hours
145,272
155,758
(6.7)
726,190
760,569
(4.5)
Month
Month
Month
YTD
YTD
YTD
By Airline:
May 2018
May 2017
%
Change
May 2018
May 2017
% Change
SkyWest Airlines
114,852
101,116
13.6
555,854
476,396
16.7
ExpressJet Airlines
30,420
54,642
(44.3)
170,336
284,173
(40.1)
Total Block Hours
145,272
155,758
(6.7)
726,190
760,569
(4.5)
Other Flight Statistics:
Month
Month
Month
YTD
YTD
YTD
May 2018
May 2017
%
Change
May 2018
May 2017
% Change
Departures
85,052
93,736
(9.3)
416,677
448,198
(7.0)
Passengers
4,101,381
4,446,369
(7.8)
19,320,728
20,716,765
(6.7)
Load Factor
82.1
81.4
0.7 pts
78.8
79.7
(0.9) 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 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. 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 07 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 June 2018 12:32:03 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.