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08.03.2018 14:01
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PR Newswire
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SkyWest, Inc. Reports Combined February 2018 Traffic for SkyWest Airlines and ExpressJet Airlines
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PR Newswire
ST. GEORGE, Utah, March 8, 2018
ST. GEORGE, Utah, March 8, 2018 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 135,000 block hours in February 2018, compared to 137,100 block hours in February 2017, a decrease of 2,100 or 1.6%. 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 6,000 additional block hours from its E175 aircraft and a decrease of approximately 8,100 block hours from its other aircraft types.
In February 2018, SkyWest's dual class aircraft represented approximately 52% of SkyWest's total block hour production for the month compared to approximately 48% for the month of February 2017.
SkyWest reported 282,700 block hours for year-to-date February 2018, compared to 290,800 block hours year-to-date February 2017, a decrease of 8,100, or 2.8%. This net change was primarily driven by approximately 13,200 additional block hours from its E175 aircraft and a decrease of approximately 21,300 block hours from its other aircraft types.
SkyWest had 76,100 departures in February 2018 compared to 80,400 in February 2017, a decrease of 4,300, or 5.4%. Additional flight statistics for February are included in the accompanying table.
| SKYWEST, INC. FEBRUARY FLIGHT STATISTICS | ||||||
| | ||||||
| Block Hour Summary: | | | | | | |
| | Month | Month | Month | YTD | YTD | YTD |
| By Fleet: | February 2018 | February 2017 | % Change | February 2018 | February 2017 | % Change |
| E175 | 30,495 | 24,511 | 24.4 | 64,005 | 50,807 | 26.0 |
| CRJ900 | 10,233 | 14,739 | (30.6) | 22,104 | 31,223 | (29.2) |
| CRJ700 | 29,336 | 26,704 | 9.9 | 61,671 | 55,798 | 10.5 |
| Dual class fleet | 70,064 | 65,954 | 6.2 | 147,780 | 137,828 | 7.2 |
| | | | | | | |
| CRJ200 | 41,654 | 39,733 | 4.8 | 87,614 | 84,212 | 4.0 |
| ERJ135/145 | 23,257 | 31,449 | (26.0) | 47,333 | 68,759 | (31.2) |
| Single class fleet | 64,911 | 71,182 | (8.8) | 134,947 | 152,971 | (11.8) |
| | | | | | | |
| Total Block Hours | 134,975 | 137,136 | (1.6) | 282,727 | 290,799 | (2.8) |
| | | | | | | |
| | | | | | | |
| | Month | Month | Month | YTD | YTD | YTD |
| By Airline: | February 2018 | February 2017 | % Change | February 2018 | February 2017 | % Change |
| SkyWest Airlines | 101,118 | 84,089 | 20.3 | 212,550 | 176,214 | 20.6 |
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