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SkyWest swings to profit in 2012

Utah-based SkyWest Inc., parent of SkyWest Airlines and ExpressJet Airlines, posted a 2012 net profit of $51.2 million, reversing a $27.3 million net loss in 2011.

SkyWest Bombardier CRJ aircraft. Courtesy photo Utah-based SkyWest Inc., parent of SkyWest Airlines and ExpressJet Airlines, posted a 2012 net profit of $51.2 million, reversing a $27.3 million net loss in 2011. Full-year total revenue was $3.53 billion, down 3.3% year-over-year. SkyWest chairman and CEO Jerry Atkin said the company continues to “make positive progress in our cost reduction efforts that are resulting in improved profits, quarter over ...

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