SkyWest (SKYW) Reports September Traffic
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Price: $94.60 -1.52%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
Revenue Growth %: +8.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
Revenue Growth %: +8.6%
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SkyWest, Inc. (Nasdaq: SKYW) reported a 22.0% increase in revenue passenger miles (RPMs) for September, while available seat miles (ASMs) increased 18.7% compared to the same period last year.
The combined airlines generated 1.3 billion RPMs for the month, while ASMs increased to 1.7 billion. Load factor was up 2.0 percentage points to 75.2% compared to 73.2% for the same period last year. Passenger boardings for September totaled 2,476,272 a 15.7% increase over September 2005.
SkyWest Airlines, based in St. George, Utah, and ASA, based in Atlanta, Georgia are wholly owned subsidiaries of SkyWest, Inc. SkyWest Airlines operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines.
The combined airlines generated 1.3 billion RPMs for the month, while ASMs increased to 1.7 billion. Load factor was up 2.0 percentage points to 75.2% compared to 73.2% for the same period last year. Passenger boardings for September totaled 2,476,272 a 15.7% increase over September 2005.
SkyWest Airlines, based in St. George, Utah, and ASA, based in Atlanta, Georgia are wholly owned subsidiaries of SkyWest, Inc. SkyWest Airlines operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines.
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