SkyWest reported its financial and operating results for the third quarter of the year earlier this week which showed the company made a net income of $83 million, compared to net income of $54 million last year. The airlines third quarter 2018 pre-tax income of $110 million increased 27% from the same period in 2017, primarily due to SkyWest's ongoing fleet transition. Over the last few months, SkyWest added 34 new Embraer E175 aircraft and one new CRJ900 jet and removed 65 older aircraft from its fleet.
Commenting on the results, Chip Childs, Chief Executive Officer and President of SkyWest, said, "We are focused on remaining disciplined in delivering a product that meets the evolving needs of our customers. We expect the flying and labour agreements announced this quarter to contribute to our ongoing fleet transition and help position us well for current and future market opportunities. I am proud of the outstanding product our professionals consistently deliver to our customers."