SkyWest (SKYW) Load Factor Rose 2 Points in January
SkyWest, Inc., (Nasdaq: SKYW) has reported a 6.5 percent increase in revenue passenger miles (RPMs) for January, while available seat miles (ASMs) increased 3.6 percent compared to January 2011. SkyWest also reported a 1.4 percent increase in departures to 112,183 for January compared to 110,602 for the same period last year. Passenger boardings for January increased 4.7 percent to 4,214,301 compared to 4,023,903 for the same period last year. The combined airlines generated 2.21 billion RPMs for the month, while ASMs increased to 2.98 billion. Load factor was 74.3 percent compared to 72.3 percent, up 2.0 percentage points compared to January 2011.
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