SkyWest Performance

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

SkyWest

SkyWest, Inc., (NASDAQ: SKYW) yesterday reported 151,437 block hours in December 2017, compared to 156,788 block hours in December 2016, a decrease of 5,351 or 3.4%. 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 9,000 additional block hours from its E175 aircraft and a decrease of approximately 14,400 block hours from its other aircraft types.   

In December 2017, SkyWest's dual class aircraft represented approximately 53% of SkyWest's total block hour production for the month compared to approximately 45% for the month of December 2016.       

SkyWest reported 1,839,779 block hours for year-to-date December 2017, compared to 1,938,492 block hours year-to-date December 2016, a decrease of 98,713, or 5.1%.  This net change was primarily driven by approximately 148,200 additional block hours from its E175 aircraft and a decrease of approximately 246,900 block hours from its other aircraft types.

SkyWest had 84,936 departures in December 2017 compared to 89,553 in December 2016, a decrease of 4,617, or 5.2%.  Additional flight statistics for December are included in the accompanying table. SkyWest has discontinued providing available seat miles (ASMs) and revenue passenger miles (RPMs) in its monthly traffic releases as ASMs and RPMs are not meaningful metrics in SkyWest's capacity purchase agreements and business model. 

SKYWEST, INC. DECEMBER FLIGHT STATISTICS

Block Hour Summary:

Month

Month

Month

YTD

YTD

YTD

By Fleet:

December

2017

December

2016

%

Change

December

2017

December

2016

%

Change

     E175

33,889

24,884

36.2

367,601

219,421

67.5

     CRJ900

13,103

17,122

(23.5)

191,629

205,233

(6.6)

     CRJ700

32,764

28,416

15.3

380,308

403,144

(5.7)

Dual class fleet

79,756

70,422

13.3

939,538

827,798

13.5

     CRJ200

45,947

48,111

(4.5)

543,195

619,840

(12.4)

     ERJ135/145

25,734

38,255

(32.7)

357,046

490,854

(27.3)

         Single class fleet

71,681

86,366

(17.0)

900,241

1,110,694

(18.9)

Total Block Hours

151,437

156,788

(3.4)

1,839,779

1,938,492

(5.1)

Month

Month

Month

YTD

YTD

YTD

By Airline:

December

2017

December

2016

%

Change

December

2017

December

2016

%

Change

     SkyWest Airlines

112,043

91,918

21.9

1,237,547

1,105,031

12.0

     ExpressJet Airlines

39,394

64,870

(39.3)

602,232

833,461

(27.7)

Total Block Hours

151,437

156,788

(3.4)

1,839,779

1,938,492

(5.1)

Other Flight Statistics:

Month

Month

Month

YTD

YTD

YTD

December

2017

December

2016

%

Change

December

2017

December

2016

%

Change

Departures

84,936

89,553

(5.2)

1,087,052

1,153,480

(5.8)

Passengers

4,042,576

4,229,554

(4.4)

51,483,552

53,539,438

(3.8)

Load Factor

80.9

82.3

  (1.4) pts

80.4

82.1

(1.7) pts



Logos, product and company names mentioned are the property of their respective owners.