SkyWest, Inc. Reports Combined February 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
ST. GEORGE, Utah, March 8, 2018 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 135,000 block hours in February 2018, compared to 137,100 block hours in February 2017, a decrease of 2,100 or 1.6%. 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 6,000 additional block hours from its E175 aircraft and a decrease of approximately 8,100 block hours from its other aircraft types.
In February 2018, SkyWest's dual class aircraft represented approximately 52% of SkyWest's total block hour production for the month compared to approximately 48% for the month of February 2017.
SkyWest reported 282,700 block hours for year-to-date February 2018, compared to 290,800 block hours year-to-date February 2017, a decrease of 8,100, or 2.8%. This net change was primarily driven by approximately 13,200 additional block hours from its E175 aircraft and a decrease of approximately 21,300 block hours from its other aircraft types.
SkyWest had 76,100 departures in February 2018 compared to 80,400 in February 2017, a decrease of 4,300, or 5.4%. Additional flight statistics for February are included in the accompanying table.
SKYWEST, INC. FEBRUARY FLIGHT STATISTICS | ||||||
Block Hour Summary: | ||||||
Month | Month | Month | YTD | YTD | YTD | |
By Fleet: | February 2018 | February 2017 | % Change | February 2018 | February 2017 | % Change |
E175 | 30,495 | 24,511 | 24.4 | 64,005 | 50,807 | 26.0 |
CRJ900 | 10,233 | 14,739 | (30.6) | 22,104 | 31,223 | (29.2) |
CRJ700 | 29,336 | 26,704 | 9.9 | 61,671 | 55,798 | 10.5 |
Dual class fleet | 70,064 | 65,954 | 6.2 | 147,780 | 137,828 | 7.2 |
CRJ200 | 41,654 | 39,733 | 4.8 | 87,614 | 84,212 | 4.0 |
ERJ135/145 | 23,257 | 31,449 | (26.0) | 47,333 | 68,759 | (31.2) |
Single class fleet | 64,911 | 71,182 | (8.8) | 134,947 | 152,971 | (11.8) |
Total Block Hours | 134,975 | 137,136 | (1.6) | 282,727 | 290,799 | (2.8) |
Month | Month | Month | YTD | YTD | YTD | |
By Airline: | February 2018 | February 2017 | % Change | February 2018 | February 2017 | % Change |
SkyWest Airlines | 101,118 | 84,089 | 20.3 | 212,550 | 176,214 | 20.6 |
ExpressJet Airlines | 33,857 | 53,047 | (36.2) | 70,177 | 114,585 | (38.8) |
Total Block Hours | 134,975 | 137,136 | (1.6) | 282,727 | 290,799 | (2.8) |
Other Flight Statistics: | ||||||
Month | Month | Month | YTD | YTD | YTD | |
February 2018 | February 2017 | % Change | February 2018 | February 2017 | % Change | |
Departures | 76,058 | 80,385 | (5.4) | 160,381 | 167,852 | (4.5) |
Passengers | 3,489,819 | 3,634,100 | (4.0) | 7,177,832 | 7,492,723 | (4.2) |
Load Factor | 77.7 | 78.0 | (0.3) pts | 75.9 | 77.3 | (1.4) 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 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. This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.
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SOURCE SkyWest, Inc.
