SkyWest

Sky West, Inc. is a holding company, which engages in the provision of scheduled passenger services in the United States of America, Canada, Mexico and the Caribbean. It operates through the following two segments: SkyWest Airlines and SkyWest Leasing. The SkyWest Airlines segment provides all other revenue and operating expenses. The SkyWest Leasing segment includes revenue attributed from ownership cost earned under the applicable cost and fixed-fee flying contracts. The company was founded in 1972 and is headquartered in St. George, UT.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

SkyWest reports Q4 loss, eyes modest 2023 profits amid challenges

SkyWest navigated a challenging Q4 2022 with a focus on partnerships, operations, and cash flow optimization.
Despite losses, the company aims for modest profitability in 2023, leveraging fleet growth opportunities.
Challenges include deferred revenue impacts, pilot reimbursements, and charter business profitability concerns.
Opportunities lie in optimizing fleet utilization, strengthening partnerships, and enhancing shareholder returns.

SkyWest reports Q1 loss, focuses on operational excellence and growth

SkyWest navigated challenges in Q1 2023 with a focus on operational excellence, strategic investments, and financial stability, despite reporting a pretax loss and revenue decline.
The company's strengths lie in its financial resilience, operational efficiency, and strategic initiatives, including fleet updates and the successful launch of SkyWest Charter.
While facing challenges such as industry-wide captain imbalance and debt obligations, SkyWest is well-positioned to capitalize on opportunities for growth through improved outlook, service enhancements, and strategic positioning.

SkyWest reports solid Q2 earnings, eyes growth in charter business

SkyWest's Q2 2023 performance reflects progress on strategic objectives, despite challenges with pilot availability. The company's strong balance sheet, focus on partnerships, and investments in people position it for future growth. Opportunities in the on-demand charter business and positive partner conversations signal potential for continued success.
SkyWest's financial outlook for the second half of 2023 is optimistic, with expectations of achieving GAAP profitability. The company's emphasis on agility, creativity, and execution in investments underscores its commitment to exceeding industry benchmarks and creating shareholder value.

SkyWest reports $23M net income, eyes charter market growth

SkyWest's Q3 performance reflects solid financials, new contracts, and operational achievements. Despite challenges in pilot availability and fleet expansion, the company remains optimistic and well-positioned for growth.

SkyWest reports record earnings, invests in pilot programs for growth

SkyWest's strong financial performance in 2023, coupled with strategic investments in pilot programs and fleet updates, positions the company for growth.
Challenges lie in the gradual recovery of pilot production levels and managing deferred revenue recognition, while opportunities exist in enhancing operational efficiency and shareholder value.
Overall, SkyWest's focus on talent development, debt reduction, and revenue growth sets a positive trajectory for future performance and industry competitiveness.

SkyWest posts solid Q1 earnings, eyes growth amid operational improvements

SkyWest's Q1 2024 performance reflects financial stability, operational growth, and positive market recognition, positioning the company well for future success.
While facing challenges such as share repurchases and increased production costs, SkyWest's strategic initiatives and strong fundamentals offer opportunities for growth.
By leveraging its strengths in diversity recognition, operational efficiency, and market demand, SkyWest can navigate challenges and capitalize on growth prospects in the aviation industry.

SkyWest reports robust Q2 earnings, eyes growth amid industry challenges

SkyWest's Q2 performance reflects financial strength and operational resilience despite industry challenges. The company's focus on growth through increased production and strategic investments positions it well for the future.

SkyWest reports robust Q3 earnings, eyes growth through fleet expansion

SkyWest's Q3 performance reflects solid financial results, driven by operational efficiency and strategic investments in fleet and partnerships.
Despite facing challenges such as debt management and industry competition, the company's strong balance sheet and growth initiatives offer opportunities for sustained success.
By focusing on debt reduction, fleet expansion, and market share growth, SkyWest aims to enhance shareholder value and capitalize on future growth prospects.
Overall, SkyWest's disciplined financial approach and commitment to growth position the company favorably in the regional airline industry.

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SkyWest, Inc. is a holding company, which engages in the provision of scheduled passenger services in the United States of America, Canada, Mexico and the Caribbean. It operates through the SkyWest Airlines and SWC, and SkyWest Leasing segments. The SkyWest Airlines and SWC segment provides all other revenue and operating expenses. The SkyWest Leasing segment includes revenue attributed from ownership cost earned under the applicable cost and fixed-fee flying contracts. The company was founded in 1972 and is headquartered in St. George, UT.

Coronavirus-led reduction in the number of scheduled flights weighs on SkyWest's (SKYW) Q1 results. However, drop in operating expenses supports the bottom line.

SkyWest (SKYW) Q1 Earnings Miss Estimates, Increase Y/Y

SkyWest (SKYW) delivered earnings and revenue surprises of -20.22% and -0.83%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

SkyWest (SKYW) Q1 Earnings and Revenues Miss Estimates

Shares of SkyWest (NASDAQ:SKYW) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 20.34% over the past year to $0.71, which missed the estimate of $0.89.

SkyWest: Q1 Earnings Insights

ST. GEORGE, Utah, April 29, 2021 /PRNewswire/ -- First Quarter 2021 Highlights Pre-tax income of $50 million, net income of $36 million, or $0.71 per diluted share Placed nine used CRJ700 aircraft into service under a previously announced agreement with American Airlines; took delivery of one new CRJ900 aircraft under a previously announced agreement with Delta Air Lines Named to Forbes America's Best Employers 2021 List; also named a Best Place to Work in 2021, a Glassdoor Employees' Choice Award SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today reported financial and operating results for Q1 2021, including net income of $36 million, or $0.71 per diluted share, compared to net income of $30 million, or $0.59 per diluted share, for Q1 2020. Pre-tax income for Q1 2021 included $193 million in payroll support program grants received from U.S. Treasury Department ("U.S. Treasury") reflected as a reduction to operating expenses.

SkyWest, Inc. Announces First Quarter 2021 Profit

ST. GEORGE, Utah, April 23, 2021 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today announced that its wholly-owned subsidiary SkyWest Airlines has entered into a Payroll Support Program 3 Agreement with the U.S. Treasury Department to receive a total of approximately $250 million under the American Rescue Plan Act of 2021. SkyWest received half of the $250 million on April 23, 2021 and expects to receive the remaining funding during the second quarter of 2021.

SkyWest to Receive $250 million through Payroll Support Program 3 Under the American Rescue Plan Act of 2021

SAN FRANCISCO, April 15, 2021 /PRNewswire/ -- 1health , the leading Testing as a Service (TaaS) company, today announced that they have teamed up with SkyWest Airlines, a subsidiary of SkyWest, Inc. (NASDAQ: SKYW) to deliver two types of COVID-19 tests to the airline's employees nationwide. 1health's Testing as a Service empowers partners to deploy and manage diagnostic, health, and wellness testing at scale.

1health to Provide its Suite of COVID-19 Tests to SkyWest Airlines

ST. GEORGE, Utah, April 8, 2021 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) will host a conference call after the market closes on Thursday, April 29, 2021 to discuss first quarter 2021 results. The format will include an overview of the quarterly results followed by a Q&A session.

SkyWest, Inc. Announces First Quarter 2021 Results Call Date

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ST. GEORGE, Utah, Feb. 9, 2021 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) is pleased to be named to Forbes' America's Best Employers 2021 list. Of the 500 employers, SkyWest is the only regional airline on the list. "We are thrilled to be recognized by Forbes as a top employer during...

SkyWest Named to the Forbes America's Best Employers 2021 List

SkyWest's (SKYW) Q4 results are hurt by lower revenues due to significant cut in the number of scheduled flights, thanks to the coronavirus pandemic.

SkyWest (SKYW) Incurs Loss in Q4, Revenues Plunge 21% Y/Y

SkyWest Inc (SKYW) CEO Russell Childs on Q4 2020 Results - Earnings Call Transcript

SkyWest (SKYW) delivered earnings and revenue surprises of -6.90% and 11.26%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

SkyWest (SKYW) Reports Q4 Loss, Tops Revenue Estimates

Shares of SkyWest (NASDAQ:SKYW) moved lower after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 165.03% over the past year to ($0.93), which missed the estimate of ($0.83).

Recap: SkyWest Q4 Earnings

ST. GEORGE, Utah, Feb. 4, 2021 /PRNewswire/ -- Fourth Quarter and Annual Results Q4 2020 pre-tax loss of $59 million, net loss of $46 million, or $0.93 loss per share Full year 2020 pre-tax loss of $7 million, net loss of $9 million, or $0.17 loss per share Full year 2020 revenue of $2.1...

SkyWest, Inc. Announces Fourth Quarter and Annual 2020 Results

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SkyWest (SKYW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SkyWest (SKYW) Expected to Beat Earnings Estimates: Should You Buy?

As part of the Payroll Support Program Extension, SkyWest (SKYW) is set to receive $233 million, of which $40 million will be in the form of a 10-year low interest unsecured term loan.

SkyWest (SKYW) to Receive $233M in Additional Payroll Support

ST. GEORGE, Utah, Jan. 15, 2021 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today announced that its wholly-owned subsidiary SkyWest Airlines has entered into a Payroll Support Program Extension Agreement with the U.S. Treasury Department to receive a total of approximately...

SkyWest to Receive $233 million through a Payroll Support Program Extension Under 2021 Appropriations Act

ST. GEORGE, Utah, Jan. 14, 2021 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) will host a conference call after the market closes on Thursday, February 4, 2021 to discuss fourth quarter and full year 2020 results. The format will include an overview of the quarterly results followed by a...

SkyWest, Inc. Announces Fourth Quarter and Full Year 2020 Results Call Date

SkyWest posted a GAAP profit for the first nine months of 2020, despite the severe impact of the COVID-19 pandemic. The recently-passed federal stimulus bill should enable SkyWest to continue posting GAAP profits and positive cash flow through the end of Q1.

SkyWest: A Profitable Airline Poised To Hit New Highs

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SkyWest's (SKYW) passenger load factor declines 29.8 points in Q3 to 54.1% due to low travel demand.

SkyWest (SKYW) Q3 Earnings & Revenues Top Estimates, Fall Y/Y

SkyWest, Inc. (SKYW) CEO Chip Childs on Q3 2020 Results - Earnings Call Transcript

SkyWest (SKYW) delivered earnings and revenue surprises of 633.33% and 7.19%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

News for SkyWest Stock (SKYW)