SkyWest (SKYW) Reports Decline in July Traffic

August 11, 2008 1:43 PM EDT
SkyWest, Inc. (Nasdaq: SKYW) reported a 3.3% decrease in available seat miles (ASMs) for July, while revenue passenger miles (RPMs) decreased by 4.7% compared to the same period last year. The combined airlines generated 2.0 billion ASMs and 1.6 billion RPMs for the month. Load factor was down 1.2 percentage points to 80.1% compared to 81.3% for the same period last year. Passenger boardings for July totaled 3,146,758 a 0.9% decrease over July 2007.

SkyWest, Inc., through SkyWest Airlines and ASA, the Company’s wholly owned subsidiaries, it offers scheduled passenger service with over 2,550 daily departures to 294 destinations in the United States, Canada, Mexico and the Caribbean. [SM]

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