SkyWest Performance

SkyWest, Inc. Reports Combined October 2017 Traffic for SkyWest Airlines and ExpressJet Airlines

SkyWest

SkyWest, Inc., (NASDAQ:  SKYW) yesterday reported 154,479 block hours in October 2017, compared to 159,241 block hours in October 2016, a decrease of 4,762 or 3.0%.  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 11,600 additional block hours from its E175 aircraft and a decrease of approximately 16,300 block hours from its other aircraft types.

In October 2017, SkyWest's dual class aircraft represented approximately 53% of SkyWest's total block hour production for the month compared to approximately 43% for the month of October 2016.

SkyWest reported 1,544,162 block hours for year-to-date October 2017, compared to 1,632,997 block hours year-to-date October 2016, a decrease of 88,835, or 5.4%.  This net change was primarily driven by approximately 129,000 additional block hours from its E175 aircraft and a decrease of approximately 218,000 block hours from its other aircraft types.

SkyWest had 91,856 departures in October 2017 compared to 95,551 in October 2016, a decrease of 3,695, or 3.9%.  Additional flight statistics for October are included in the accompanying table. SkyWest has discontinued providing available seat miles (ASMs) and revenue passenger miles (RPMs) in monthly traffic releases as ASMs and RPMs are not meaningful metrics in SkyWest's capacity purchase agreements and business model.

 

SKYWEST, INC. OCTOBER FLIGHT STATISTICS

Block Hour Summary:

Month

Month

Month

YTD

YTD

YTD

By Fleet:

October 2017

October 2016

% Change

October 2017

October 2016

% Change

     E175

32,822

21,238

54.5

301,869

172,610

74.9

     CRJ900

15,233

16,941

(10.1)

165,098

172,131

(4.1)

     CRJ700

33,580

30,712

9.3

316,475

346,549

(8.7)

         Dual class fleet

81,635

68,891

18.5

783,442

691,290

13.3

     CRJ200

45,889

49,667

(7.6)

453,538

526,188

(13.8)

     ERJ135/145

26,955

40,683

(33.7)

307,182

415,519

(26.1)

         Single class fleet

72,844

90,350

(19.4)

760,720

941,707

(19.2)

Total Block Hours

154,479

159,241

(3.0)

1,544,162

1,632,997

(5.4)

Month

Month

Month

YTD

YTD

YTD

By Airline:

October 2017

October 2016

% Change

October 2017

October 2016

% Change

     SkyWest Airlines

111,149

91,582

21.4

1,019,512

927,027

10.0

     ExpressJet Airlines

43,330

67,659

(36.0)

524,650

705,970

(25.7)

Total Block Hours

154,479

159,241

3.0

1,544,162

1,632,997

(5.4)

Other Flight Statistics:

Month

Month

Month

YTD

YTD

YTD

October 2017

October 2016

% Change

October 2017

October 2016

% Change

Departures

91,856

95,551

(3.9)

917,965

975,442

(5.9)

Passengers

4,502,883

4,519,807

(0.4)

43,363,908

45,132,461

(3.9)

Load Factor

82.5

83.4

(0.9) pts

80.5

82.0

(1.5) pts



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