ST. GEORGE, Utah, Feb. 14, 2017 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 153,663 block hours in January 2017, compared to 162,407 block hours in January 2016, a decrease of 8,744 or 5.4%. 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 12,400 additional block hours from its E175 aircraft and a decrease of approximately 21,100 block hours from its other aircraft types.
In January 2017, SkyWest's dual class aircraft represented approximately 47% of SkyWest's total block hour production for the month compared to approximately 42% for the month of January 2016.
SkyWest had 87,467 departures in January 2017 compared to 94,605 in January 2016, a decrease of 7,138, or 7.5%. SkyWest generated 2.67 billion available seat miles (ASMs) for January 2017, compared to 2.83 billion ASMs for January 2016, or a 5.7% decrease. Additional flight statistics for January, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.
SKYWEST, INC. JANUARY FLIGHT STATISTICS | |||
Block Hour Summary: |
|||
Month |
Month |
Month | |
By Fleet: |
January 2017 |
January 2016 |
% Change |
E175 |
26,296 |
13,908 |
89.1 |
CRJ900 |
16,484 |
17,785 |
(7.3) |
CRJ700 |
29,094 |
35,951 |
(19.1) |
Dual class fleet |
71,874 |
67,644 |
6.3 |
CRJ200 |
44,479 |
52,093 |
(14.6) |
ERJ135/145 |
37,310 |
42,670 |
(12.6) |
Single class fleet |
81,789 |
94,763 |
(13.7) |
Total Block Hours |
153,663 |
162,407 |
(5.4) |
Month |
Month |
Month | |
By Airline: |
January 2017 |
January 2016 |
% Change |
SkyWest Airlines |
92,125 |
90,992 |
1.2 |
ExpressJet Airlines |
61,538 |
71,415 |
(13.8) |
Total Block Hours |
153,663 |
162,407 |
(5.4) |
Other Flight Statistics: |
|||
Month |
Month |
Month | |
January 2017 |
January 2016 |
% Change | |
Departures |
87,467 |
94,605 |
(7.5) |
Available Seat Miles |
2,670,242,535 |
2,832,887,090 |
(5.7) |
Revenue Passenger Miles |
2,045,767,273 |
2,180,532,936 |
(6.2) |
Passengers |
3,858,623 |
4,060,201 |
(5.0) |
Load Factor |
76.6 |
77.0 |
(0.4) 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 2,800 scheduled daily flights carrying nearly 54 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.
SOURCE SkyWest, Inc.
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