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 ...

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