SkyWest Inc., parent of regionals SkyWest Airlines and Atlantic Southeast Airlines, said it will report a "lower than. . .previously anticipated" first-quarter profit of $4.5-$7.5 million. It earned $29.2 million in the first three months of 2008. The company said inclement weather in Atlanta and the maintenance-related grounding of 60 ASA CRJ200s resulted in the cancellation of some 750 flights, costing an estimated $7.6 million in pre-tax revenue. It also will record a pre-tax charge of ...

Subscribe to Access this Entire Article

"SkyWest expects $4.5-$7.5 million first-quarter profit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.