Press release from PR Newswire
SkyWest, Inc., Reports Combined March 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines.
Monday, April 11, 2011
SkyWest, Inc., Reports Combined March 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines.13:54 EDT Monday, April 11, 2011ST. GEORGE, Utah, April 11, 2011 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") reported a 52.8 percent increase in departures to 122,075 for March compared to 79,873 for the same period last year. Passenger boardings for March increased 44.8 percent to 4,767,814 compared to 3,292,598 for the same period last year. SkyWest also reported a 50.3 percent increase in revenue passenger miles (RPMs) for March, while available seat miles (ASMs) increased 56.9 percent compared to March 2010. The combined airlines generated 2.46 billion RPMs for the month, while ASMs increased to 3.17 billion. Load factor was 77.6 percent compared to 81.0 percent, down 3.4 percentage points compared to March 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.comFLIGHT STATISTICSSkyWest, Inc. March Traffic20112010% ChangePassengers4,767,8143,292,59844.8Revenue Passenger Miles2,456,392,8091,634,668,33350.3Available Seat Miles3,165,343,5222,017,662,94656.9Load Factor77.6%81.0%(3.4) ptsBlock Hours197,504122,21061.6Departures122,07579,87352.8Calendar Year-To-Date20112010% ChangePassengers12,557,0608,717,80344.0Revenue Passenger Miles6,448,155,9214,348,176,33348.3Available Seat Miles8,607,003,5605,640,970,48652.6Load Factor74.9%77.1% (2.2)ptsBlock Hours539,910344,15356.9Departures332,375222,24049.6SOURCE SkyWest, Inc.For further information: Michael J. Kraupp, VP Finance and Treasurer of SkyWest, Inc., +1-435-634-3212, Fax: +1-435-634-3205