SkyWest Inc., parent of SkyWest Airlines and Atlantic Southeast Airlines, yesterday reported second-quarter net income of $18.7 million, down 28.6% from a $26.2 million profit in the year-ago period, in an earnings release overshadowed by its announcement that it will acquire ExpressJet Holdings for $133 million. Revenue fell 7% to $649.8 million while expenses lowered 6% to $600.5 million, producing an operating profit of $49.3 million, down 17.6% from a $59.8 million operating profit ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.