SkyWest (SKYW) Tops Q3 EPS by 68c

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SkyWest, Inc. Announces Third Quarter 2021 Profit

October 28, 2021 4:01 PM EDT

Third Quarter 2021 Highlights

Pre-tax income of $14 million, net income of $10 million, or $0.19 per diluted share Adjusted net income of $74 million, or $1.45 per diluted share Q3 2021 adjusted net income excludes a non-cash impairment charge on SkyWests CRJ900 aircraft of $85 million (pre-tax)1 As previously announced, we are scheduled to place 45 new E175 aircraft into service in 2022 and 2023, including 20 with American Airlines (American), 16 with Delta Air Lines (Delta) and nine with Alaska Airlines (Alaska)

ST. GEORGE, UTAH--(BUSINESS WIRE)-- SkyWest, Inc. (NASDAQ: SKYW) (SkyWest) today reported financial and operating... More