The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

SkyWest, Inc., Reports Combined May 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines

Monday, June 13, 2011

SkyWest, Inc., Reports Combined May 2011 Traffic for SkyWest Airlines, Atlantic Southeast Airlines, and ExpressJet Airlines13:33 EDT Monday, June 13, 2011ST. GEORGE, Utah, June 13, 2011 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") reported a 49.6 percent increase in departures to 118,078 for May compared to 78,943 for the same period last year. Passenger boardings for May increased 53.0 percent to 4,883,414 compared to 3,192,484 for the same period last year.  SkyWest also reported a 60.8 percent increase in revenue passenger miles (RPMs) for May, while available seat miles (ASMs) increased 57.4 percent compared to May 2010.  The combined airlines generated 2.53 billion RPMs for the month, while ASMs increased to 3.11 billion. Load factor was 81.4 percent compared to 79.7 percent, up 1.7 percentage points compared to May 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 Airlines 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 707 regional aircraft.  This press release and additional information regarding SkyWest can be accessed at www.skywest.comFLIGHT STATISTICSSkyWest, Inc. May Traffic20112010% ChangePassengers4,883,4143,192,48453.0Revenue Passenger Miles2,534,700,1471,576,764,70360.8Available Seat Miles3,114,393,1921,978,054,15757.4Load Factor81.4%79.7%1.7 ptsBlock Hours190,917119,27460.1Departures118,07878,94349.6Calendar Year-To-Date20112010% ChangePassengers21,983,86515,007,65146.5Revenue Passenger Miles11,333,717,2897,451,739,36152.1Available Seat Miles14,729,358,0809,539,841,13954.4Load Factor76.9%78.1%(1.2) ptsBlock Hours917,500578,38658.6Departures565,960377,67849.9SOURCE SkyWest, Inc.For further information: Investor Relations of SkyWest, +1-435-634-3203, fax, +1-435-634-3205