NEWS RELEASE
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St. George, UT 84790 Telephone: (435) 634-3200 Fax: (435) 634-3205
FOR IMMEDIATE RELEASE: December 11, 2017
SkyWest, Inc. Reports Combined November 2017 Traffic for SkyWest Airlines and ExpressJet Airlines
ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 144,180 block hours in November 2017, compared to 148,707 block hours in November 2016, a decrease of 4,527 or 3.0%. 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 9,900 additional block hours from its E175 aircraft and a decrease of approximately 14,400 block hours from its other aircraft types.
In November 2017, SkyWest's dual class aircraft represented approximately 53% of SkyWest's total block hour production for the month compared to approximately 44% for the month of November 2016.
SkyWest reported 1,688,342 block hours for year-to-date November 2017, compared to 1,781,704 block hours year-to-date November 2016, a decrease of 93,362, or 5.2%. This net change was primarily driven by approximately 139,200 additional block hours from its E175 aircraft and a decrease of approximately 232,500 block hours from its other aircraft types.
SkyWest had 84,151 departures in November 2017 compared to 88,485 in November 2016, a decrease of 4,334, or 4.9%. Additional flight statistics for November are included in the accompanying table. SkyWest has discontinued providing available seat miles (ASMs) and revenue passenger miles (RPMs) in monthly traffic releases as ASMs and RPMs are not meaningful metrics in SkyWest's capacity purchase agreements and business model.
SKYWEST, INC. NOVEMBER FLIGHT STATISTICS
Block Hour Summary:
Month | Month | Month | YTD | YTD | YTD | |
By Fleet: | November 2017 | November 2016 | % Change | November 2017 | November 2016 | % Change |
E175 | 31,842 | 21,927 | 45.2 | 333,712 | 194,536 | 71.5 |
CRJ900 | 13,428 | 15,980 | (16.0) | 178,526 | 188,110 | (5.1) |
CRJ700 | 31,068 | 28,179 | 10.2 | 347,544 | 374,729 | (7.3) |
Dual class fleet | 76,338 | 66,086 | 15.5 | 859,782 | 757,375 | 13.5 |
CRJ200 | 43,712 | 45,542 | (4.0) | 497,249 | 571,730 | (13.0) |
ERJ135/145 | 24,130 | 37,079 | (34.9) | 331,311 | 452,599 | (26.8) |
Single class fleet | 67,842 | 82,621 | (17.9) | 828,560 | 1,024,329 | (19.1) |
Total Block Hours | 144,180 | 148,707 | (3.0) | 1,688,342 | 1,781,704 | (5.2) |
Month | Month | Month | YTD | YTD | YTD | |
By Airline: | November 2017 | November 2016 | % Change | November 2017 | November 2016 | % Change |
SkyWest Airlines | 105,991 | 86,086 | 23.1 | 1,125,504 | 1,013,113 | 11.1 |
ExpressJet Airlines | 38,189 | 62,621 | (39.0) | 562,838 | 768,591 | (26.8) |
Total Block Hours | 144,180 | 148,707 | (3.0) | 1,688,342 | 1,781,704 | (5.2) |
Other Flight Statistics: | ||||||
Month | Month | Month | YTD | YTD | YTD | |
November 2017 | November 2016 | % Change | November 2017 | November 2016 | % Change | |
Departures | 84,151 | 88,485 | (4.9) | 1,002,116 | 1,063,927 | (5.8) |
Passengers | 4,077,068 | 4,177,423 | (2.4) | 47,440,976 | 49,309,884 | (3.8) |
Load Factor | 82.0 | 83.0 | (1.0) pts | 80.4 | 82.1 | (1.7) 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 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. 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 17,000 employees. This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.
SkyWest Inc. published this content on 11 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 December 2017 21:58:08 UTC.
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