SkyWest Performance

SkyWest, Inc. Reports Combined December 2018 Traffic for SkyWest Airlines and ExpressJet Airlines

SkyWest

SkyWest, Inc., (NASDAQ: SKYW) yesterdayy reported 147,300 block hours in December 2018, compared to 151,400 block hours in December 2017, a decrease of 4,100 or 2.7%.  The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet.  

The year-over-year net change was primarily driven by approximately 11,000 additional block hours from its E175 aircraft and a decrease of approximately 15,100 block hours from its other aircraft types.   

In December 2018, SkyWest's E175 aircraft represented approximately 30% of SkyWest's total block hour production for the month compared to approximately 22% for the month of December 2017.       

SkyWest reported 1,757,000 block hours for the 2018 year, compared to 1,840,000 block hours for the 2017 year, a decrease of 83,000, or 4.5%.  This net change was primarily driven by approximately 90,000 additional block hours from its E175 aircraft and a decrease of approximately 173,000 block hours from its other aircraft types.

SkyWest had 80,900 departures in December 2018 compared to 84,900 in December 2017, a decrease of 4,000, or 4.7%.  Additional flight statistics for December are included in the accompanying table.

SKYWEST, INC. DECEMBER FLIGHT STATISTICS

Block Hour Summary:

Month

Month

Month

YTD

YTD

YTD

By Fleet:

December

2018

December

2017

%   Change

December

2018

December

2017

%  Change

     E175

44,913

33,889

32.5

457,285

367,601

24.4

     CRJ900

10,132

13,103

(22.7)

119,355

191,629

(37.7)

     CRJ700

26,503

32,764

(19.1)

362,818

380,308

(4.6)

         Dual class fleet

81,548

79,756

2.2

939,458

939,538

(0.0)

     CRJ200

44,242

45,947

(3.7)

543,165

543,195

(0.0)

     ERJ135/145

21,506

25,734

(16.4)

274,424

357,046

(23.1)

         Single class fleet

65,748

71,681

(8.3)

817,589

900,241

(9.2)

Total Block Hours

147,296

151,437

(2.7)

1,757,047

1,839,779

(4.5)

Month

Month

Month

YTD

YTD

YTD

By Airline:

December

2018

December

2017

%   Change

December

2018

December

2017

%  Change

     SkyWest Airlines

121,657

112,043

8.6

1,380,420

1,237,547

11.5

     ExpressJet Airlines

25,639

39,394

(34.9)

376,627

602,232

(37.5)

Total Block Hours

147,296

151,437

(2.7)

1,757,047

1,839,779

(4.5)

Other Flight Statistics:

Month

Month

Month

YTD

YTD

YTD

December

2018

December

2017

%   Change

December

2018

December

2017

%  Change

Departures

80,946

84,936

(4.7)

1,010,053

1,087,052

(7.1)

Passengers

3,851,404

4,042,576

(4.7)

48,350,470

51,483,552

(6.1)

Load Factor

78.0

80.9

  (2.9) pts

80.5

80.4

 0.1 pts

 



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