ST. GEORGE, Utah, Oct. 6, 2016 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 154,095 block hours in September 2016, compared to 162,742 block hours in September 2015, a decrease of 8,647 or 5.3%. 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 6,600 additional block hours from its E175 aircraft and a decrease of approximately 15,200 block hours from its other aircraft types.
In September 2016, SkyWest's dual class aircraft represented approximately 42% of SkyWest's total block hour production for the month compared to approximately 39% for the month of September 2015.
SkyWest reported 1,473,756 block hours for year-to-date September 2016, compared to 1,574,364 block hours year-to-date September 2015, a decrease of 100,608, or 6.4%. This net change was primarily driven by approximately 66,100 additional block hours from its E175 aircraft and a decrease of approximately 166,700 block hours from its other aircraft types.
SkyWest had 93,140 departures in September 2016 compared to 98,005 in September 2015, a decrease of 4,865, or 5.0%. SkyWest generated 2.72 billion available seat miles (ASMs) for September 2016, compared to 2.87 billion ASMs for September 2015, or a 5.1% decrease. Additional flight statistics for September, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.
SKYWEST, INC. SEPTEMBER FLIGHT STATISTICS | ||||||
Block Hour Summary: |
||||||
Month |
Month |
Month |
YTD |
YTD |
YTD | |
By Fleet: |
September 2016 |
September 2015 |
% Change |
September 2016 |
September 2015 |
% Change |
E175 |
19,111 |
12,514 |
52.7 |
151,373 |
85,287 |
77.5 |
CRJ900 |
16,240 |
15,494 |
4.8 |
155,189 |
155,946 |
(0.5) |
CRJ700 |
29,482 |
35,329 |
(16.6) |
315,837 |
334,143 |
(5.5) |
Dual class fleet |
64,833 |
63,337 |
2.4 |
622,399 |
575,376 |
8.2 |
CRJ200 |
49,464 |
51,703 |
(4.3) |
476,521 |
504,539 |
(5.6) |
ERJ135/145 |
39,798 |
47,702 |
(16.6) |
374,836 |
482,125 |
(22.3) |
EMB-120 |
- |
- |
- |
- |
12,324 |
(100.0) |
Single class fleet |
89,262 |
99,405 |
(10.2) |
851,357 |
998,988 |
(14.8) |
Total Block Hours |
154,095 |
162,742 |
(5.3) |
1,473,756 |
1,574,364 |
(6.4) |
Month |
Month |
Month |
YTD |
YTD |
YTD | |
By Airline: |
September 2016 |
September 2015 |
% Change |
September 2016 |
September 2015 |
% Change |
SkyWest Airlines |
86,818 |
86,498 |
0.4 |
835,445 |
803,741 |
3.9 |
ExpressJet Airlines |
67,277 |
76,244 |
(11.8) |
638,311 |
770,623 |
(17.2) |
Total Block Hours |
154,095 |
162,742 |
(5.3) |
1,473,756 |
1,574,364 |
(6.4) |
Other Flight Statistics: |
||||||
Month |
Month |
Month |
YTD |
YTD |
YTD | |
September 2016 |
September 2015 |
% Change |
September 2016 |
September 2015 |
% Change | |
Departures |
93,140 |
98,005 |
(5.0) |
879,891 |
933,430 |
(5.7) |
Available Seat Miles |
2,722,297,031 |
2,869,841,174 |
(5.1) |
25,910,520,735 |
27,134,414,933 |
(4.5) |
Revenue Passenger Miles |
2,254,278,867 |
2,353,571,168 |
(4.2) |
21,220,195,853 |
22,439,945,958 |
(5.4) |
Passengers |
4,363,058 |
4,518,515 |
(3.4) |
40,612,654 |
42,613,648 |
(4.7) |
Load Factor |
82.8 |
82.0 |
(0.8) pts |
81.9 |
82.7 |
(0.8) 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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