07.12.2016 22:01:00
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SkyWest, Inc. Reports Combined November 2016 Traffic for SkyWest Airlines and ExpressJet Airlines
ST. GEORGE, Utah, Dec. 7, 2016 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 148,707 block hours in November 2016, compared to 162,989 block hours in November 2015, a decrease of 14,282 or 8.8%. 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 8,700 additional block hours from its E175 aircraft and a decrease of approximately 23,000 block hours from its other aircraft types.
In November 2016, SkyWest's dual class aircraft represented approximately 44% of SkyWest's total block hour production for the month compared to approximately 41% for the month of November 2015.
SkyWest reported 1,781,704 block hours for year-to-date November 2016, compared to 1,908,268 block hours year-to-date November 2015, a decrease of 126,564, or 6.6%. This net change was primarily driven by approximately 82,600 additional block hours from its E175 aircraft and a decrease of approximately 209,200 block hours from its other aircraft types.
SkyWest had 88,485 departures in November 2016 compared to 95,512 in November 2015, a decrease of 7,027, or 7.4%. SkyWest generated 2.65 billion available seat miles (ASMs) for November 2016, compared to 2.86 billion ASMs for November 2015, or a 7.3% decrease. Additional flight statistics for November, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.
SKYWEST, INC. NOVEMBER FLIGHT STATISTICS
Block Hour Summary: | ||||||
Month | Month | Month | YTD | YTD | YTD | |
By Fleet: | November 2016 | November 2015 | % Change | November 2016 | November 2015 | % Change |
E175 | 21,927 | 13,242 | 65.6 | 194,536 | 111,891 | 73.9 |
CRJ900 | 15,980 | 16,909 | (5.5) | 188,110 | 189,490 | (0.7) |
CRJ700 | 28,179 | 36,818 | (23.5) | 374,729 | 409,245 | (8.4) |
Dual class fleet | 66,086 | 66,969 | (1.3) | 757,375 | 710,626 | 6.6 |
CRJ200 | 45,542 | 50,437 | (9.7) | 571,730 | 607,818 | (5.9) |
ERJ135/145 | 37,079 | 45,583 | (18.7) | 452,599 | 577,500 | (21.6) |
EMB-120 | - | - | - | - | 12,324 | (100.0) |
Single class fleet | 82,621 | 96,020 | (14.0) | 1,024,329 | 1,197,642 | (14.5) |
Total Block Hours | 148,707 | 162,989 | (8.8) | 1,781,704 | 1,908,268 | (6.6) |
Month | Month | Month | YTD | YTD | YTD | |
By Airline: | November 2016 | November 2015 | % Change | November 2016 | November 2015 | % Change |
SkyWest Airlines | 86,086 | 88,825 | (3.1) | 1,013,113 | 983,740 | 3.0 |
ExpressJet Airlines | 62,621 | 74,164 | (15.6) | 768,591 | 924,528 | (16.9) |
Total Block Hours | 148,707 | 162,989 | (8.8) | 1,781,704 | 1,908,268 | (6.6) |
Other Flight Statistics: | ||||||
Month | Month | Month | YTD | YTD | YTD | |
November 2016 | November 2015 | % Change | November 2016 | November 2015 | % Change | |
Departures | 88,485 | 95,512 | (7.4) | 1,063,927 | 1,130,582 | (5.9) |
Available Seat Miles | 2,650,561,799 | 2,858,166,684 | (7.3) | 31,395,915,295 | 33,003,301,974 | (4.9) |
Revenue Passenger Miles | 2,198,960,020 | 2,337,528,226 | (5.9) | 25,783,481,704 | 27,289,314,858 | (5.5) |
Passengers | 4,177,423 | 4,394,526 | (4.9) | 49,309,884 | 51,778,374 | (4.8) |
Load Factor | 83.0 | 81.8 | 1.2 pts | 82.1 | 82.7 | (0.6) pts |
About SkyWest
SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest's airline companies provide commercial air service in cities throughout North America with more than 3,000 scheduled daily flights carrying nearly 57 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. Based in St. George, Utah, SkyWest continues to set the standard for excellence in the regional industry with unmatched value for customers, shareholders and its nearly 20,000 employees. This press release and additional information regarding SkyWest can be accessed at inc.skywest.com.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/skywest-inc-reports-combined-november-2016-traffic-for-skywest-airlines-and-expressjet-airlines-300374745.html
SOURCE SkyWest, Inc.
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