ST. GEORGE, Utah, Aug. 8, 2016 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 169,513 block hours in July 2016, compared to 183,039 block hours in July 2015, a decrease of 13,526 or 7.4%. 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 6,700 additional block hours from its E175 aircraft and a decrease of approximately 20,200 block hours from its other aircraft types.
In July 2016, SkyWest's dual class aircraft represented approximately 43% of SkyWest's total block hour production for the month compared to approximately 38% for the month of July 2015.
SkyWest reported 1,149,722 block hours for year-to-date July 2016, compared to 1,231,186 block hours year-to-date July 2015, a decrease of 81,464, or 6.6%. This net change was primarily driven by approximately 53,000 additional block hours from its E175 aircraft and a decrease of approximately 134,500 block hours from its other aircraft types.
SkyWest had 101,935 departures in July 2016 compared to 109,016 in July 2015, a decrease of 7,081, or 6.5%. SkyWest generated 2.99 billion available seat miles (ASMs) for July 2016, compared to 3.21 billion ASMs for July 2015, or a 6.9% 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 2016 |
July 2015 |
% Change |
July 2016 |
July 2015 |
% Change |
E175 |
19,032 |
12,314 |
54.6 |
112,644 |
59,647 |
88.9 |
CRJ900 |
17,662 |
18,537 |
(4.7) |
121,198 |
122,421 |
(1.0) |
CRJ700 |
35,873 |
39,143 |
(8.4) |
251,705 |
259,477 |
(3.0) |
Dual class fleet |
72,567 |
69,994 |
3.7 |
485,547 |
441,545 |
10.0 |
CRJ200 |
55,261 |
58,475 |
(5.5) |
372,290 |
395,759 |
(5.9) |
ERJ135/145 |
41,685 |
54,570 |
(23.6) |
291,885 |
381,558 |
(23.5) |
EMB-120 |
- |
- |
- |
- |
12,324 |
(100.0) |
Single class fleet |
96,946 |
113,045 |
(14.2) |
664,175 |
789,641 |
(15.9) |
Total Block Hours |
169,513 |
183,039 |
(7.4) |
1,149,722 |
1,231,186 |
(6.6) |
Month |
Month |
Month |
YTD |
YTD |
YTD |
|
By Airline: |
July 2016 |
July 2015 |
% Change |
July 2016 |
July 2015 |
% Change |
SkyWest Airlines |
98,042 |
95,781 |
2.4 |
651,201 |
621,448 |
4.8 |
ExpressJet Airlines |
71,471 |
87,258 |
(18.1) |
498,521 |
609,738 |
(18.2) |
Total Block Hours |
169,513 |
183,039 |
(7.4) |
1,149,722 |
1,231,186 |
(6.6) |
Other Flight Statistics: |
||||||
Month |
Month |
Month |
YTD |
YTD |
YTD |
|
July 2016 |
July 2015 |
% Change |
July 2016 |
July 2015 |
% Change |
|
Departures |
101,935 |
109,016 |
(6.5) |
684,864 |
727,701 |
(5.9) |
Available Seat Miles |
2,988,902,626 |
3,210,506,489 |
(6.9) |
20,210,019,185 |
21,079,204,233 |
(4.1) |
Revenue Passenger Miles |
2,532,718,823 |
2,733,451,136 |
(7.3) |
16,504,066,508 |
17,419,704,619 |
(5.3) |
Passengers |
4,886,522 |
5,182,756 |
(5.7) |
31,470,473 |
33,039,049 |
(4.7) |
Load Factor |
84.7 |
85.1 |
(0.4) pts |
81.7 |
82.6 |
(0.9) pts |
About SkyWest
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 throughout North America with more than 3,000 scheduled daily flights carrying nearly 57 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, 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.
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SOURCE SkyWest, Inc.
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