Friday, 10 August 2018

SkyWest's latest results



The US regional contract airline, SkyWest has reported its latest results this week, in July 2018 the carrier reported 153,300 block hours compared to 162,400 block hours in July 2017, a decrease of 9,100 or 5.6%.  The company says this net decrease was consistent with the company's change of fleet plans 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 6,900 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 16,000 block hours from its other aircraft types. 



In July 2018, SkyWest's E175 aircraft represented approximately 26% of SkyWest's total block hour production for the month compared to approximately 21% for the month of July 2017.       

SkyWest reported 1,029,000 block hours for year-to-date July 2018, compared to 1,082,000 block hours year-to-date July 2017, a decrease of 53,000, or 4.9%.  This net change was primarily driven by approximately 46,000 additional block hours from its E175 aircraft and a decrease of approximately 99,000 block hours from its other aircraft types.

SkyWest had 89,300 departures in July 2018 compared to 97,500 in July 2017, a decrease of 8,200, or 8.5%.  Additional flight statistics for July are included in the table below...
 
SKYWEST, INC. JULY FLIGHT STATISTICS

Block Hour Summary:







Month
Month
Month
YTD
YTD
YTD
By Fleet:
July 2018
July 2017
%   Change
July 2018
July 2017
%  Change
     E175
40,580
33,637
20.6
249,555
203,616
22.6
     CRJ900
9,637
17,739
(45.7)
72,737
116,675
(37.7)
     CRJ700
32,376
33,590
(3.6)
221,023
217,082
1.8
         Dual class fleet
82,593
84,966
(2.8)
543,315
537,373
1.1







     CRJ200
48,079
47,130
2.0
322,855
317,880
1.6
     ERJ135/145
22,637
30,329
(25.4)
162,680
226,956
(28.3)
         Single class fleet
70,716
77,459
(8.7)
485,535
544,836
(10.9)







Total Block Hours
153,309
162,425
(5.6)
1,028,850
1,082,209
(4.9)















Month
Month
Month
YTD
YTD
YTD
By Airline:
July 2018
July 2017
%   Change
July 2018
July 2017
%  Change
     SkyWest Airlines
121,827
110,162
10.6
795,055
691,918
14.9
     ExpressJet Airlines
31,482
52,263
(39.8)
233,795
390,291
(40.1)







Total Block Hours
153,309
162,425
(5.6)
1,028,850
1,082,209
(4.9)














Other Flight Statistics:






Month
Month
Month
YTD
YTD
YTD

July 2018
July 2017
%   Change
July 2018
July 2017
%  Change
Departures
89,284
97,545
(8.5)
592,972
641,733
(7.6)
Passengers
4,477,153
4,699,151
(4.7)
28,137,014
30,084,502
(6.5)
Load Factor
84.3
82.0
  2.3 pts
80.4
80.5
(0.1) pts
Related Posts Plugin for WordPress, Blogger...