Category Archives: SkyWest Airlines

United to add the Chicago – Brownsville route

United Express-SkyWest Airlines Embraer ERJ 170-200LR (ERJ 175) N146SY (msn 17000491) DCA (Jay Selman). Image: 403712.

United Airlines will add weekly United Express service between the Chicago O’Hare hub and Brownsville, TX. The new route will be operated by SkyWest Airlines Embraer 175s starting on November 3, 2018 per Airline Route.

Copyright Photo: United Express-SkyWest Airlines Embraer ERJ 170-200LR (ERJ 175) N146SY (msn 17000491) DCA (Jay Selman). Image: 403712.

United Express-SkyWest aircraft slide show:

Advertisements

SkyWest announces a first quarter 2018 profit, ExpressJet to retire the CRJ900s with Delta

Delta Connection-ExpressJet Airlines Bombardier CRJ900 (CL-600-2D24) N307PQ (msn 15307) ATL (Jay Selman). Image: 403371.

SkyWest, Inc. issued this statement:

First Quarter Highlights:

  • Net income of $54 million, or $1.03 per diluted share, up 56% from $35 millionor $0.65 per diluted share in Q1 2017
  • Pre-tax income of $67 million, up 28% from $52 million in Q1 2017
  • Revenue of $783 million, up 5% from $747 million in Q1 2017 on improving fleet mix

SkyWest, Inc.  reported financial and operating results for Q1 2018, including net income of $54 million, or $1.03 per diluted share, compared to net income of $35 million, or $0.65 per diluted share for Q1 2017.

The improvement in Q1 2018 pre-tax income from Q1 2017 was primarily due to SkyWest’s ongoing fleet transition. Since Q1 2017 19 new E175 aircraft have been added and 46 CRJ and ERJ 50-seat aircraft and 25 CRJ700/CRJ900 aircraft have been removed.

Commenting on the results, Chip Childs, Chief Executive Officer and President of SkyWest, said “Demand for our product remains strong, and I’m proud of our professionals who continue to provide best-in-class operations to our customers.  Our financial results reflect continued solid operating performance combined with the ongoing improvements in our fleet mix.  We remain disciplined in our approach to risk and flying commitments and focused on executing a strategy to improve our overall model.”

Q1 2018 Financial Highlights
Revenue was $783 million in Q1 2018, up from $747 million in Q1 2017. The increase in revenue included the net impact of adding new E175 aircraft and improvement in the economics of SkyWest’s fleet mix since Q1 2017, partially offset by the removal of unprofitable or less profitable aircraft over the same period.

Operating expenses were $695 million in Q1 2018, up from $671 million in Q1 2017.  The increase in operating expenses included additional labor, engine maintenance and fuel costs.

The effective tax rate for Q1 2018 was 19% compared to 34% in Q1 2017.  The lower tax rate in Q1 2018 was primarily due to the reduced federal rate under the new tax law enacted in Q4 2017 and additional discrete tax benefits from stock compensation in Q1 2018.

Q1 2018 Operational Update
SkyWest Airlines, Inc. took delivery of five new E175/E175 SC aircraft during Q1 2018.  The following summarizes the anticipated delivery dates for seven E175 aircraft to be placed under contract with Alaska Airlines (three E175 aircraft previously scheduled for delivery in Q4 2018 have been deferred until 2021 at Alaska’s request) and 27 E175 SC aircraft to be placed under contract with Delta Air Lines in 2018:

Scheduled E175/E175 SC

Aircraft Deliveries

In-service
Mar 31, 2018

Q2 2018

Q3 2018

Q4 2018

In-Service

end of 2018

Total E175/E175 SCs:

112

16

13

5

146

ExpressJet Airlines, Inc. continued the previously-announced 2018 wind down of its flying agreement with Delta during the quarter. At the end of Q1 2018, ExpressJet had six CRJ900s and 31 CRJ700s remaining in service under the Delta agreement.  ExpressJet anticipates returning seven leased aircraft to Delta in Q2 2018 (six CRJ900s and one CRJ700).

ExpressJet continues to engage in discussions around the CRJ700s scheduled to come out of service with Delta later this year and remains pleased with the level of demand for the CRJ700 product.

Operating Performance:

Flight completion rates at SkyWest Airlines and ExpressJet for Q1 2018 and Q1 2017 are summarized as follows:

SkyWest Airlines

ExpressJet

Q1 2018

Q1 2017

Q1 2018

Q1 2017

Adjusted Completion *

99.8%

99.9%

99.9%

99.6%

Raw Completion

97.8%

97.4%

96.1%

96.9%

* Adjusted Completion excludes weather cancellations. Raw Completion includes weather cancellations.

Q1 2018 Capital and Liquidity
SkyWest had $646 million in cash and marketable securities at March 31, 2018, down $39 million from December 31, 2017. During the first quarter of 2018, SkyWest:

  • Used $18 million toward the purchase of five E175 aircraft
  • Used $20 million for an early lease buyout on nine aircraft
  • Used $30 million for other capital investments, including spare engines and aircraft parts
  • Used $10 million to repurchase stock under its $100 million share repurchase program, of which $70 million remains authorized

Total debt for the quarter was $2.8 billion, up $89 million from December 31, 2017, including debt issued for acquired aircraft, partially offset by scheduled principal payments.

Copyright Photo: The last Bombardier CRJ900 will be taken out of the Delta contract in the second quarter of 2018. The remaining CRJ700s will be retired with Delta by the end of the year. Delta Connection-ExpressJet Airlines Bombardier CRJ900 (CL-600-2D24) N307PQ (msn 15307) ATL (Jay Selman). Image: 403371.

Delta-ExpressJet aircraft slide show:

SkyWest Airlines brings United Express jet service to Plattsburgh starting on August 29

United Express-SkyWest Airlines Bombardier CRJ200 (CL-600-2B19) N945SW (msn 7770) LAX (Michael B. Ing). Image: 941709.

SkyWest Airlines will begin daily United Express jet service between Plattsburgh and Washington-Dulles International Airport beginning on August 29, 2018.

The new Plattsburgh service will be on Bombardier CRJ200s. SkyWest is a leading CRJ200 operator and has been named the manufacturer’s most reliable operatorin North America five times.

Copyright Photo: United Express-SkyWest Airlines Bombardier CRJ200 (CL-600-2B19) N945SW (msn 7770) LAX (Michael B. Ing). Image: 941709.

United Express aircraft slide show:

SkyWest Airlines and Mokulele Airlines announce a Pilot Pathway Program

SkyWest Airlines (USA) Bombardier CRJ700 (CL-600-2C10) N752SK (msn 10209) LAX (Michael B. Ing). Image: 940201.

SkyWest Airlines, a subsidiary of SkyWest, Inc. is pleased to announce a new agreement with Mokulele Airlines, where current pilots can gain a direct pathway to SkyWest Airlines.

Together, SkyWest and Mokulele are providing a pathway for more pilots to take control of their aviation careers. As part of this agreement, Mokulele pilots will enjoy all the benefits of SkyWest’s Pilot Pathway Program, including mentorships, access to company facilities, training and more.

Some additional benefits of joining the SkyWest Airlines Pilot Pathway Program include enhanced seniority, guaranteed final interview and access to pilot mentors. The SkyWest Pilot Pathway Program prepares a clear path for pilots to launch their SkyWest career, where they enjoy an unmatched culture of professionalism, teamwork and success. For more about the SkyWest Pilot Pathway Program, visit www.skywest.com/pilot-pathway.

Top Copyright Photo: SkyWest Airlines (USA) Bombardier CRJ700 (CL-600-2C10) N752SK (msn 10209) LAX (Michael B. Ing). Image: 940201.

SkyWest Airlines aircraft slide show (in-house liveries):

Mokulele aircraft slide show:

Bottom Copyright Photo: Mokulele Airlines Cessna 208B Grand Caravan N808MA (msn 2427) LAX (Michael B. Ing). Image: 937560.

Airline Color Scheme - Introduced 2016

 

SkyWest takes delivery of its first Embraer E175 SC (Special Configuration)

SkyWest Airlines has taken delivery of the pictured N262SY (msn 17000714), officially an Embraer ERJ 170-200 LL. The new type is marketed as the ERJ 175 SC (ERJ 170-200SC) (Special Configuration) with 70 seats. The aircraft arrived on March 11, 2018.

The airline announced the new arrival on social media:

SkyWest has taken delivery of our first E175 SC this past weekend! N262SY is part of the 45 aircraft order announced in the fall of 2017. The E175 SCs are configured in a 70-seat layout and will be operating as Delta Connection.

Photos: SkyWest Airlines.

United to add new domestic routes for the summer

United Express-SkyWest Airlines Embraer ERJ 170-200LR (ERJ 175) N122SY (msn 17000431) RDU (Ken Petersen). Image: 935116.

United Airlines is adding eight domestic routes in June for the summer season:

Chicago O’Hare – Salina – 6 flights a week effective April 9, 2018 with SkyWest CRJ200s
Denver – Appleton – daily flights effective June 7, 2018 with Air Wisconsin CRJ200s
Denver – Norfolk – daily mainline flights effective June 7, 2018 with Airbus A319s
Houston (Bush Intercontinental) – Akron/Canton – daily flights effective June 7, 2018 with ExpressJet ERJ 145s
Houston (Bush Intercontinental) – Dayton – daily flights effective June 7, 2018 with ExpressJet ERJ 145s
Los Angeles – Eureka – daily flights effective June 7, 2018 with SkyWest CRJ200s
Newark – Rapid City – weekly flights effective June 17 through September 14, 2018 with Republic Airlines ERJ 175s
San Francisco – Madison – daily flights effective June 7, 2018 with SkyWest ERJ 175s (above)

The airline confirmed the new destinations with this announcement:

United Airlines (UAL) on January 8, 2018 announced it will begin new service between six of its domestic hubs and eight destinations in California, Ohio, North Dakota, South Dakota, Virginia and Wisconsin.

The new flights, starting June 7, offer customers hundreds of connection opportunities across United’s world-class domestic and international route network.

New year round service

Hub

New Destination

Frequency

Begins

Aircraft

Chicago (ORD)

Bismarck, ND (BIS)

2 flights daily

June 7

ERJ

Denver (DEN)

Appleton, WI (ATW)

Daily

June 7

CRJ

Denver (DEN)

Norfolk, VA (ORF)

Daily

June 7

A319

Houston (IAH)

Akron/Canton, OH (CAK)

Daily

June 7

ERJ

Houston (IAH)

Dayton, OH (DAY)

Daily

June 7

ERJ

Los Angeles (LAX)

Eureka, CA (ACV)

Daily

June 7

CRJ

San Francisco (SFO)

Madison, WI (MSN)

Daily

June 7

E175

New summer service to Rapid City, South Dakota

In addition to the new year round services, United announced it will offer the only nonstop flight between New York and Rapid City, South Dakota. Beginning June 23, United will start summer service between New York/Newark and Rapid City, making it easier for customers to access popular outdoor destinations including Mount Rushmore National Memorial, Badlands National Park and Wind Cave National Park. United’s Saturday-only service between New York/Newark and Rapid City will operate with Embraer E175 aircraft and will depart New York/Newark at 10:00 a.m. and arrive in Rapid City at 12:05 p.m.

Enhancing operations in Chicago

In February, United will begin operating its newly enhanced bank structure at O’Hare International Airport to shorten connection times and provide better access to more destinations for customers connecting through the carrier’s Chicago hub. This operations enhancement, already in place at United’s Houston hub, will enable United to greatly improve connectivity throughout its industry-leading global route network.

Copyright Photo: United Express-SkyWest Airlines Embraer ERJ 170-200LR (ERJ 175) N122SY (msn 17000431) RDU (Ken Petersen). Image: 935116.) RDU (Ken Petersen). Image: 935116.

United Express/SkyWest aircraft slide show:

SkyWest to fly the Cincinnati – Austin route for Delta

Delta Connection-SkyWest Airlines Bombardier CRJ700 (CL-600-2C10) N609SK (msn 10020) LAX (Michael B. Ing). Image: 911199.

SkyWest Airlines (Delta Connection) will add the Cincinnati – Austin route for Delta Air Lines starting on May 1, 2018. The new route will be operated with Bombardier CRJ700 aircraft according to Airline Route.

Copyright Photo: Delta Connection-SkyWest Airlines Bombardier CRJ700 (CL-600-2C10) N609SK (msn 10020) LAX (Michael B. Ing). Image: 911199.

Delta Connection – SkyWest Airlines aircraft slide show:

Fleet Facts:

Route Map: Route flown for Delta Air Lines: