SkyWest (SKYW) Sept. Capacity Declines 5.1%, Traffic Falls 4.2%
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SkyWest, Inc. Reports Combined September 2016 Traffic for SkyWest Airlines and ExpressJet Airlines
October 6, 2016 5:36 PM EDTST. GEORGE, Utah, Oct. 6, 2016 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported 154,095 block hours in September 2016, compared to 162,742 block hours in September 2015, a decrease of 8,647 or 5.3%. The net decrease was consistent with SkyWest's fleet transition plan 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 6,600 additional block hours from its E175 aircraft and a decrease of approximately 15,200 block hours from its other... More
