ST. GEORGE, Utah, July 9, 2018 /PRNewswire/ -- 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.
SOURCE SkyWest, Inc.
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