Thursday, 13 September 2018

SkyWest's August

SkyWest reported its August results earlier this week, which showed the airline achieved 155,900 block hours in August 2018, compared to 162,200 block hours in August 2017, a decrease of 6,300 or 3.9%.  The net decrease was consistent with SkyWest's fleet transition plan to improve the mix of aircraft in its fleet.

The year-over-year net change was primarily driven by approximately 7,800 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 14,100 block hours from its other aircraft types.   


In August 2018, SkyWest's E175 aircraft represented approximately 27% of SkyWest's total block hour production for the month compared to approximately 21% for the month of August 2017.       

SkyWest reported 1,185,000 block hours for year-to-date August 2018, compared to 1,245,000 block hours year-to-date August 2017, a decrease of 60,000, or 4.8%.  This net change was primarily driven by approximately 54,000 additional block hours from its E175 aircraft and a decrease of approximately 114,000 block hours from its other aircraft types.

SkyWest had 90,600 departures in August 2018 compared to 97,200 in August 2017, a decrease of 6,600, or 6.7%.  Additional flight statistics for August are included in the accompanying table.


SKYWEST, INC. AUGUST FLIGHT STATISTICS







Block Hour Summary:







Month
Month
Month
YTD
YTD
YTD
By Fleet:
August 2018
August 2017
%   Change
August 2018
August 2017
%  Change
     E175
42,058
34,234
22.9
291,613
237,849
22.6
     CRJ900
10,154
17,919
(43.3)
82,891
134,594
(38.4)
     CRJ700
32,031
34,329
(6.7)
253,054
251,412
0.7
Dual class fleet
84,243
86,482
(2.6)
627,558
623,855
0.6







     CRJ200
48,155
47,654
1.1
371,010
365,534
1.5
     ERJ135/145
23,461
28,105
(16.5)
186,142
255,061
(27.0)
         Single class fleet
71,616
75,759
(5.5)
557,152
620,595
(10.2)







Total Block Hours
155,859
162,241
(3.9)
1,184,710
1,244,450
(4.8)















Month
Month
Month
YTD
YTD
YTD
By Airline:
August 2018
August 2017
%   Change
August 2018
August 2017
%  Change
     SkyWest Airlines
123,795
112,921
9.6
918,850
804,840
14.2
     ExpressJet Airlines
32,064
49,320
(35.0)
265,860
439,610
(39.5)







Total Block Hours
155,859
162,241
(3.9)
1,184,710
1,244,450
(4.8)














Other Flight Statistics:






Month
Month
Month
YTD
YTD
YTD

August 2018
August 2017
%   Change
August 2018
August 2017
%  Change
Departures
90,640
97,188
(6.7)
683,612
738,921
(7.5)
Passengers
4,451,680
4,652,111
(4.3)
32,588,694
34,736,613
(6.2)
Load Factor
82.4
80.9
  1.5 pts
80.6
80.6
 0.0 pts


SkyWest is based in St. George, Utah,  and employs more than 17,000 employees, it provides commercial air service in cities throughout North America with nearly 3,000 daily flights carrying nearly 50 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, Delta and American. 
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