Latest Press Releases

ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 152,128 block hours in April 2017, compared to 160,322 block hours in April 2016, a decrease of 8,194 or 5.1%. The net decrease was consistent with SkyWest’s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

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ST. GEORGE, UT, May 10, 2017 /PRNewswire/ -- SkyWest, Inc (NASDAQ: SKYW) today announced that its Board of Directors declared a quarterly dividend of $.08 per share, which will be paid on July 7, 2017 to shareholders of record at the close of business on June 30, 2017.

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ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 161,884 block hours in March 2017, compared to 171,643 block hours in March 2016, a decrease of 9,759 or 5.7%. The net decrease was consistent with SkyWest’s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

The year-over-year net change was primarily driven by approximately 13,300 additional block hours from its E175 aircraft and a decrease of approximately 23,100 block hours from its other aircraft types.

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ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 137,136 block hours in February 2017, compared to 152,822 block hours in February 2016, a decrease of 15,686 or 10.3%. The net decrease was consistent with SkyWest’s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

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ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 153,663 block hours in January 2017, compared to 162,407 block hours in January 2016, a decrease of 8,744 or 5.4%. The net decrease was consistent with SkyWest’s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

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ST. GEORGE, Utah, February 2, 2017. SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for the fourth quarter of 2016, including a net loss of $270 million, or $5.22 loss per share, compared to net income of $41 million, or $0.78 earnings per diluted share for Q4 2015. Adjusted net income for Q4 2016 was $29 million, or $0.54 earnings per diluted share, compared to adjusted net income of $25 million, or $0.49 earnings per diluted share for Q4 2015. The adjusted results for Q4 2016 exclude (pre-tax) a $466 million non-cash impairment charge and $7 million of early lease return charges, both previously announced. The improvement in adjusted net income was primarily due to SkyWest’s continued execution on its ongoing fleet transition and strong operating performance.

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ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 156,788 block hours in December 2016, compared to 166,536 block hours in December 2015, a decrease of 9,748 or 5.9%. The net decrease was consistent with SkyWest’s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

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ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 148,707 block hours in November 2016, compared to 162,989 block hours in November 2015, a decrease of 14,282 or 8.8%. The net decrease was consistent with SkyWest’s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

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ST. GEORGE, UT, November 11, 2016 /PRNewswire/ -- The Board of Directors of SkyWest, Inc. (NASDAQ: SKYW) declared a quarterly dividend of $.05 per share to shareholders of record at the close of business on December 30, 2016. The 86th consecutive dividend will be paid on January 6, 2017.

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ST. GEORGE, UT, PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) (“SkyWest”) today reported 159,241 block hours in October 2016, compared to 170,916 block hours in October 2015, a decrease of 11,675 or 6.8%. The net decrease was consistent with SkyWest’s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.

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