SkyWest Performance

SkyWest, Inc. Reports Combined December 2016 Traffic for SkyWest Airlines and ExpressJet Airlines

SkyWest

SkyWest, Inc., (NASDAQ:  SKYW) last week reported 156,788 block hours in December 2016, compared to 166,536 block hours in December 2015, a decrease of 9,748 or 5.9%.  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 10,700 additional block hours from its E175 aircraft and a decrease of approximately 20,400 block hours from its other aircraft types.   

In December 2016, SkyWest's dual class aircraft represented approximately 45% of SkyWest's total block hour production for the month compared to approximately 42% for the month of December 2015.        

SkyWest reported 1,938,492 block hours for the 2016 year, compared to 2,074,804 block hours for the 2015 year, a decrease of 136,312, or 6.6%.  This net change was primarily driven by approximately 93,300 additional block hours from its E175 aircraft and a decrease of approximately 229,600 block hours from its other aircraft types.

SkyWest had 89,553 departures in December 2016 compared to 96,315 in December 2015, or a 7.0% decrease.  SkyWest generated 2.71 billion available seat miles (ASMs) for December 2016, compared to 2.90 billion ASMs for December 2015, or a 6.4% decrease. Additional flight statistics for December, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table. 

SKYWEST, INC. DECEMBER FLIGHT STATISTICS

Block Hour Summary:

Month

Month

Month

YTD

YTD

YTD

By Fleet:

December 2016

December 2015

% Change

December 2016

December 2015

% Change

     E175

24,884

14,217

75.0

219,421

126,108

74.0

     CRJ900

17,122

18,138

(5.6)

205,233

207,628

(1.2)

     CRJ700

28,416

37,491

(24.2)

403,144

446,736

(9.8)

         Dual class fleet

70,422

69,846

0.8

827,798

780,472

6.1

     CRJ200

48,111

51,540

(6.7)

619,840

659,358

(6.0)

     ERJ135/145

38,255

45,150

(15.3)

490,854

622,650

(21.2)

     EMB-120

-

-

-

-

12,324

(100.0)

         Single class fleet

86,366

96,690

(10.7)

1,110,694

1,294,332

(14.2)

Total Block Hours

156,788

166,536

(5.9)

1,938,492

2,074,804

(6.6)

Month

Month

Month

YTD

YTD

YTD

By Airline:

December 2016

December 2015

% Change

December 2016

December 2015

% Change

     SkyWest Airlines

91,918

91,070

0.9

1,105,031

1,074,809

2.8

     ExpressJet Airlines

64,870

75,466

(14.0)

833,461

999,995

(16.7)

Total Block Hours

156,788

166,536

(5.9)

1,938,492

2,074,804

(6.6)

Other Flight Statistics:

Month

   Month

Month

YTD

YTD

YTD

December 2016

  December 2015

% Change

December 2016

December 2015

% Change

Departures

89,553

96,315

(7.0)

1,153,480

1,226,897

(6.0)

Available Seat Miles

2,712,434,814

2,899,201,124

(6.4)

34,108,350,109

35,902,503,098

(5.0)

Revenue Passenger Miles

2,231,816,454

2,382,595,687

(6.3)

28,015,298,158

29,671,910,545

(5.6)

Passengers

4,229,554

4,450,219

(5.0)

53,539,438

56,228,593

(4.8)

Load Factor

82.3

82.2

0.1 pts

82.1

82.6

(0.5) pts



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