Utah-based SkyWest, parent of regional carriers SkyWest Airlines and ExpressJet Airlines, reported $40.2 million in 2016 second-quarter net income, up 27.8% from the company’s $31.5 million net income in 2Q 2015. Second-quarter revenue for SkyWest and its subsidiaries increased 1.6% year-over-year (YOY) to $801.3 million while expenses declined 1.8% YOY to $717.2 million, leading to an operating profit of $84.1 million, up 20.3% from a $69.9 million operating profit in the prior-year ...

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