Tag Archives: SkyWest Airlines USA

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 to offer Delta Connection service to Moab and Vernal, Utah starting on March 2

SkyWest Airlines (St. George) will bring Delta Connection air service from the Salt Lake City hub to Eastern Utah passengers in March. In both Moab and Vernal, Utah, the new Delta Connection flights, operated by SkyWest, will begin on March 2, 2014.

Each of the new flights from both Moab and Vernal have been timed to provide maximum connection opportunities in Salt Lake City. With 260 daily flights in Salt Lake to more than 80 destinations, including New York and Washington, D.C., it is easy for passengers to get anywhere they want to go. The direct access to Utah’s capital will also continue to drive economic development in Eastern Utah, and makes it simple for those who want to take advantage of the incredible outdoor activities that are available in Moab and Vernal.

All flights will be operated on 30-seat Embraer EMB-120ER Brasilia turboprops.

Copyright Photo: Bruce Drum/AirlinersGallery.com. SkyWest’s Brasilias currently operate in their own in-house 1986 color scheme for Delta. They are not expected to adopt the Delta Connection livery. Embraer EMB-120ER Brasilia N562SW (msn 120336) lands in Las Vegas.

SkyWest Airlines: AG Slide Show

Delta Connection-SkyWest Airlines: AG Slide Show

Route Map: SkyWest-operated routes for Delta Air Lines:

Delta Connection-SkyWest 12.2013 Route Map

 

SkyWest to operate 23 Bombardier CRJ200s for American Eagle

SkyWest, Inc. (St. George) announced today that it has signed a Capacity Purchase Agreement (CPA) with American Airlines, Inc. (Dallas/Fort Worth) to operate 23 Bombardier CRJ200 regional jet aircraft under the American Eagle designation.  SkyWest currently anticipates that it will commence its American flights on November 15, 2012, with all 23 aircraft being placed in service prior to end of the first quarter 2013.   SkyWest intends to source the aircraft from its existing fleet where they have previously been operated in behalf of another major partner and anticipates that 12 of the aircraft will be flown by SkyWest Airlines, Inc. and 11 aircraft will be flown by ExpressJet Airlines, Inc. (Atlanta). SkyWest also anticipates that the American aircraft will be primarily operated out of Los Angeles International Airport and Dallas/Fort Worth International Airport.

The CPA, which has a term of four years, provides for SkyWest, through its operating airlines SkyWest Airlines and ExpressJet Airlines, to be compensated in similar fashion to existing capacity purchase agreements with SkyWest’s other major partners.

SkyWest is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest’s scheduled passenger airline operations consist of SkyWest Airlines, also based in St. George, Utah, and ExpressJet Airlines, based in Atlanta, Georgia.  SkyWest Airlines operates as United Express and Delta Connection carriers under contractual agreements with United Airlines, Inc. and Delta Air Lines, Inc.  SkyWest Airlines also operates as US Airways Express under a contractual agreement with US Airways, Inc., and operates flights for Alaska Airlines under a contractual agreement.  ExpressJet Airlines operates as United Express and Delta Connection carriers under contractual agreements with United and Delta. System-wide, SkyWest serves markets in the United States, Canada, Mexico and the Caribbean with approximately 4,000 daily departures and a fleet of approximately 725 regional aircraft.

Copyright Photo: Michael B. Ing. Bombardier CRJ200 N496CA (msn 7791) arrives at Los Angeles.

SkyWest: 

SkyWest reports 2Q net income of $17.0 million

SkyWest, Inc. (SkyWest Airlines) (St. George) reported a second quarter net income of $17.0 million.

Here is the full report:

“SkyWest, Inc. today reported operating revenues of $937.2 million for the quarter ended June 30, 2012, compared to $933.7 million for the same period last year.  SkyWest also reported net income of $17.0 million, or $0.33 per diluted share, for the quarter ended June 30, 2012, compared to $1.6 million of net income, or $0.03 per diluted share, for the same period last year.

Quarter Summary

SkyWest’s operating and financial results for the quarter ended June 30, 2012 reflected a significant improvement compared to the same period of 2011.   SkyWest generated increased operating revenues resulting from increased incentive payments under its contracts with major partners primarily as a result of better on-time and completion factor performance.  SkyWest’s improved results also reflected the implementation of cost reduction programs during 2011 from which SkyWest achieved reduced flight crew and maintenance costs, as well as other benefits for the quarter ended June 30, 2012.  As a consequence of SkyWest’s improved results, SkyWest’s pre-tax income for the quarter ended June 30, 2012 increased $30.4 million over the quarter ended June 30, 2011.  SkyWest reported pre-tax income of $28.6 million for the quarter ended June 30, 2012, compared to a pre-tax loss of $(1.8) million for the second quarter of 2011.  Following are the primary items that affected SkyWest’s financial results for the second quarter of 2012:

  • Recorded approximately $7.0 million in additional revenues related to improved metrics for on-time performance and higher completion factors
  • Recorded improvement in pro-rate flying operations of approximately $2.5 million
  • Reduced crew and crew-related training costs by approximately $10.0 million
  • Reduced engine and airframe maintenance costs by approximately $3.7 million
  • Recorded reimbursement from a major partner of approximately $3.0 million in aircraft redeployment costs previously incurred

2nd Quarter 2012 Compared to 1st Quarter 2012

SkyWest’s implementation of its plan to return to profitability also resulted in improved results from the quarter ended March 31, 2012 to the quarter ended June 30, 2012.  During the second quarter of 2012, SkyWest generated increased operating revenues and reduced its operating costs, while producing more block hours that the first quarter of 2012.  During the second quarter of 2012, SkyWest also continued to make progress on its cost reduction plan by reducing crew-related costs and maintenance expenses from the first quarter of 2012, while taking into account the increased block hour production it generated during the second quarter of 2012.  Following are highlights resulting from SkyWest’s implementation of its plan to return to profitability, comparing the second quarter of 2012 to the first quarter of 2012:

  • Total operating revenues increased to $937.2 million compared to $921.2 million
  • Total operating expenses and interest decreased to $909.8 million compared to $$920.5 million
  • Pre-tax income improved $29.9 million
  • Net income improved $17.6 million
  • Block hours increased to 574,884 compared to 556,421 or 3.3%

As a result of continued cost reduction efforts and better utilization of personnel, SkyWest was able to reduce its crew related block hour costs for the second quarter ended June 30, 2012 by approximately 3.9% compared to the first quarter ended March 31, 2012. Additionally, as a result of these efforts, SkyWest was able to reduce it maintenance costs (less engine overhauls) for the second quarter ended June 30, 2012 by approximately 3.7% compared to the first quarter ended March 31, 2012.

Financial and Operating Results

SkyWest’s total operating revenues increased $3.5 million, or 0.4%, during the quarter ended June 30, 2012, over the same period in 2011.  However, after excluding pass-through costs for fuel and engine overhaul’s, (that are included in operating revenues) for the quarters ended June 30, 2012 and 2011, total operating revenues increased approximately $17.3 million for the quarter ended June 30, 2012 compared to the same quarter last year. The increase in total operating revenues was primarily 1) the result of experiencing improved on-time, completion and customer service metrics and 2) from normal recurring contract escalation increases allowed under SkyWest’s contracts, and are included in the rates paid by its major partners.  SkyWest’s pro-rate flying operations experienced a planned reduction in block hours of 7.3% resulting in reduced revenues of approximately $2.1 million for the quarter ended June 30, 2012.  In spite of reduced operating revenues from pro-rate flying, SkyWest’s revenue per available seat mile for pro-rate flying increased approximately 5.0% from improved pricing.  Total block hours for the quarter ended June 30, 2012 were 574,884 compared to 574,372 for the same period last year.

Total airline expenses (consisting of total operating and interest expenses) decreased $24.9 million, or 2.7%, during the quarter ended June 30, 2012, over the same period in 2011.  The decrease was primarily the result of SkyWest’s implementation of planned cost reduction efforts, which resulted in reduced crew-related and non-pass through maintenance costs of approximately $13.6 million. For the quarter ended June 30, 2012, compared to the second quarter of 2011, SkyWest also experienced a reduction in engine overhaul costs of approximately $9.3 million, which costs are considered pass-through costs under its contracts with its major partners.

Under United Express agreements for SkyWest Airlines and ExpressJet Airlines, SkyWest recognizes revenue at a fixed hourly rate for mature engine maintenance on regional jet engines and SkyWest recognizes engine maintenance expense on its CRJ200 regional jet engines on an as-incurred basis as maintenance expense.  During the quarter ended June 30, 2012, CRJ200 engine expense under these agreements decreased $1.6 million to $13.8 million compared to $15.5 million for the quarter ended June 30, 2011, as a result of decreased engine overhaul expense due to the timing of scheduled engine maintenance events.  SkyWest was reimbursed approximately $10.2 million and $9.6 million for engine overhaul expense, under its United Express agreements, in each of the periods ended June 30, 2012 and 2011, respectively.

Liquidity

At June 30, 2012, SkyWest had $629.5 million in cash and marketable securities, compared to $646.5 million as of December 31, 2011.  SkyWest’s long-term debt was $1.53 billion as of June 30, 2012, compared to $1.61 billion as of December 31, 2011.  The decrease in long-term debt was due primarily to SkyWest’s payment of normal recurring debt obligations.  SkyWest has significant long-term lease obligations that are recorded as operating leases and are not reflected as liabilities on SkyWest’s consolidated balance sheets.  At a 5.2% discount rate, the present value of these lease obligations was approximately $1.8 billion as of June 30, 2012.

Other Items

SkyWest has recently achieved the following milestones:

  • Completed  the sale of our investment in Trip Linhas Aereas (“TRIP”) in July 2012
  • Announced a Memorandum of Understanding with Mitsubishi Aircraft Corporation covering the purchase of 100 Mitsubishi regional jet aircraft
  • Announced award of 34 additional dual-class aircraft and removal of 66 CRJ200 aircraft
  • Total fleet as of June 30, 2012 consisted of 725 total aircraft compared to 725 aircraft as of June 30, 2011″

Copyright Photo: Michael B. Ing. SkyWest is one of the last operators of the Brasilia in the United States. SkyWest Airlines’ Embraer EMB-120ER Brasilia N296SW in the 1986 color scheme prepares to land at Los Angeles.

SkyWest Airlines: 

SkyWest orders 100 Mitsubishi Regional Jets

SkyWest Airlines (St. George) has placed a firm order for 100 Mitsubishi Regional Jets for deliveries between 2017 and 2020.

Read the full full story from Reuters: CLICK HERE

SkyWest Airlines is celebrating 40 Years of flying in 2012. SkyWest cooperates and flies for United Airlines, Delta Air Lines, US Airways  and Alaska Airlines. With a fleet of 314 aircraft, SkyWest’s more than 11,000 aviation professionals operate more than 1,800 flights each day to 162 destinations throughout North America (see route map below).

SkyWest Current Fleet: CLICK HERE

SkyWest Slide Show: CLICK HERE

Top Copyright Photo: James Helbock. SkyWest currently operates 159 Bombardier CRJ200s which will be the first aircraft to be replaced in addition to the 42 Embraer EMB-120 Brasilias, 92 Bombardier CRJ700s and 21 CRJ900s also operated.

Video on the MRJ:

Route Map:

Please click on the map to expand.