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SkyWest 3Q net profit sinks to $116,000

Surging costs sent Utah-based SkyWest Inc.'s third-quarter net earnings tumbling to just $116,000, significantly lower than the $25.5 million net profit it posted in the year-ago period.

ExpressJet Embraer 145. By Rob Finlayson Surging costs sent Utah-based SkyWest Inc.'s third-quarter net earnings tumbling to just $116,000, significantly lower than the $25.5 million net profit it posted in the year-ago period. The parent of US regionals SkyWest Airlines, ExpressJet and Atlanta Southeast Airlines saw its quarterly expenses leap 47.7% to $928.6 million, outpacing a 39.1% lift in revenue to $955.4 million largely attributed to the addition of Houston-based ...

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