SkyWest, Inc. Reports Combined November 2017 Traffic for SkyWest Airlines and ExpressJet Airlines

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SkyWest, Inc.

Dec 11, 2017, 15:36 ET

ST. GEORGE, Utah, Dec. 11, 2017 /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.

SOURCE SkyWest, Inc.