Press release from PR Newswire
SkyWest, Inc., Reports Combined February 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines.
Wednesday, March 09, 2011
SkyWest, Inc., Reports Combined February 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines.15:19 EST Wednesday, March 09, 2011ST. GEORGE, Utah, March 9, 2011 /PRNewswire/ -- SkyWest, Inc., (Nasdaq: SKYW) ("SkyWest") reported a 44.7 percent increase in departures to 99,698 for February compared to 68,919 for the same period last year. Passenger boardings for February increased 40.1 percent to 3,765,343 compared to 2,687,224 for the same period last year. SkyWest also reported a 42.4 percent increase in revenue passenger miles (RPMs) for February, while available seat miles (ASMs) increased 46.4 percent compared to February 2010. The combined airlines generated 1.91 billion RPMs for the month, while ASMs increased to 2.57 billion. Load factor was 74.5 percent compared to 76.6 percent, down 2.1 percentage points compared to February 2010. The substantial increases for each of the items are due primarily to the acquisition of ExpressJet Airlines on November 12, 2010.About SkyWestSkyWest is the holding company for three scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest's scheduled passenger airline operations include SkyWest Airlines, Inc. ("SkyWest Airlines") also based in St. George, Utah, Atlantic Southeast Airlines, Inc. ("Atlantic Southeast") based in Atlanta, Georgia and recently acquired ExpressJet Airlines, Inc. (ExpressJet Airlines") based in Houston, Texas. SkyWest Airlines operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines. SkyWest also operates flights for AirTran Airways under a marketing agreement. Atlantic Southeast operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines. ExpressJet Airlines operates as Continental Express and United Express under contractual agreements with Continental Airlines and United Airlines and is a wholly-owned subsidiary of Atlantic Southeast. System-wide, SkyWest serves markets in the United States, Canada, Mexico and the Caribbean with approximately 3,950 daily departures and a fleet of approximately 713 regional aircraft. This press release and additional information regarding SkyWest can be accessed at www.skywest.com.FLIGHT STATISTICSSkyWest, Inc. February Traffic20112010% ChangePassengers3,765,3432,687,22440.1Revenue Passenger Miles1,914,121,3891,343,832,53742.4Available Seat Miles2,568,865,0121,754,392,96646.4Load Factor74.5%76.6%(2.1) ptsBlock Hours161,621107,29050.6Departures99,69868,91944.7Calendar Year-To-Date20112010% ChangePassengers7,789,2465,425,15543.6Revenue Passenger Miles3,991,763,1122,713,478,30047.1Available Seat Miles5,441,660,0383,623,307,54050.2Load Factor73.4%74.9% (1.5) ptsBlock Hours342,406221,94354.3Departures210,300142,36747.7SOURCE SkyWest, Inc.For further information: Michael J. Kraupp, VP Finance and Treasurer of SkyWest, Inc., +1-435-634-3212, Fax, +1-435-634-3205