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

Aug 06, 2015, 10:18 ET from SkyWest, Inc.

ST. GEORGE, Utah, Aug. 6, 2015 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 183,039 block hours in July 2015, compared to 204,175 block hours in July 2014, a decrease of 21,136, or 10.4%.  The net decrease was consistent with SkyWest's fleet optimization plan to improve the mix of aircraft in its fleet by adding new dual-class aircraft to its fleet and reducing unprofitable aircraft.

The year-over-year net change included approximately 10,400 additional block hours from its additional 76-seat E175 aircraft and 30,000 fewer block hours from the reduction in the 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft operating fleet. 

In July 2015, SkyWest's dual class aircraft (CRJ700s, CRJ900s and E175s) represented approximately 38% of SkyWest's total block hour production for the month compared to approximately 30% for the month of July 2014.       

SkyWest reported 1,231,186 block hours year-to-date through July 2015, compared to 1,330,058 block hours through July 2014, a decrease of 98,872, or 7.4%.  This net change included approximately 56,700 additional block hours from SkyWest's 76-seat E175 aircraft and 150,275 fewer block hours from the reduction in the 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft in its operating fleet.  

SkyWest had 109,016 departures in July 2015 compared to 123,244 in July 2014, a decrease of 14,228, or 11.5%.  SkyWest generated 3.21 billion available seat miles (ASMs) for July 2015, compared to 3.48 billion ASMs for July 2014, or a 7.7% decrease. Additional flight statistics for July, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.

SKYWEST, INC. JULY FLIGHT STATISTICS

Block Hour Summary:

Month

Month

Month

YTD

YTD

YTD

By Fleet:

July 2015

July 2014

% Change

July 2015

July 2014

% Change

     CRJ200

58,475

64,971

(10.0)

395,759

424,732

(6.8)

     CRJ700

39,143

40,646

(3.7)

259,477

268,722

(3.4)

     CRJ900

18,537

18,491

0.3

122,421

118,494

3.3

     ERJ135/145

54,570

70,364

(22.4)

381,558

455,258

(16.2)

     E175

12,314

1,927

NM

59,647

2,926

   NM

     EMB-120

-

7,776

(100.0)

12,324

59,926

(79.4)

Total Block Hours

183,039

204,175

(10.4)

1,231,186

1,330,058

(7.4)

Month

Month

Month

YTD

YTD

YTD

By Airline:

July 2015

July 2014

% Change

July 2015

July 2014

% Change

     SkyWest Airlines

95,781

95,299

0.5

621,448

613,480

1.3

     ExpressJet Airlines

87,258

108,876

(19.9)

609,738

716,578

(14.9)

Total Block Hours

183,039

204,175

(10.4)

1,231,186

1,330,058

(  7.4)

Other Flight Statistics:

Month

Month

Month

YTD

YTD

YTD

July 2015

July 2014

% Change

July 2015

July 2014

% Change

Departures

109,016

123,244

(11.5)

727,701

797,590

( 8.8 )

Available Seat Miles

3,210,506,489

3,477,776,576

( 7.7 )

21,079,204,233

22,207,545,241

( 5.1 )

Revenue Passenger Miles

2,733,451,136

2,933,835,464

( 6.8 )

17,419,704,619

18,375,051,741

( 5.2 )

Passengers

5,182,756

5,490,622

( 5.6 )

33,039,049

34,482,759

( 4.2 )

Load Factor

85.1

84.4

0.7 pts

82.6

82.7

(0.1) 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.

 

SOURCE SkyWest, Inc.



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