Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, incurred a first-quarter net loss of $22.9 million that it largely blamed on severe winter weather. The company had previously warned that 21,000 weather-related flight cancellations during the three-month period ended March 31 would negatively affect its financial results. The first-quarter net loss was reversed from a $3.2 million net profit in the prior-year period. “As a result of these ...

Subscribe to Access this Entire Article

"SkyWest blames winter weather for $23 million 1Q net loss" 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.