SkyWest Inc., parent of SkyWest Airlines and Atlantic Southeast Airlines, reported 2009 net income of $83.7 million, down 25.9% from a $112.9 million profit in 2008 as yield declined precipitously. Revenue plunged 25.2% to $2.61 billion while expenses dropped 25.9% to $2.4 billion, producing operating income of $212.2 million, down 16.8% from $255.2 million last year. Traffic rose 2% to 17.45 billion RPMs on a 0.6% lift in capacity to 22.14 billion ASMs, producing a load factor of 78.8%, up ...

Subscribe to Access this Entire Article

"SkyWest's 2009 net income down 26%" 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? ATWPlus@penton.com.

Already registered? here.