SkyWest Inc., the St. George, Utah-based parent of regional carriers SkyWest Airlines and ExpressJet Airlines, posted a full-year net loss of $24.2 million for 2014, reversing the $59 million net profit the company recorded in 2013. Full-year revenue was $3.24 billion, down 1.8% from $3.3 billion in 2013; SkyWest’s 2014 operating expenses increased 2.2% year-over-year (YOY) to $3.21 billion. The resulting operating profit—$24.8 million—was down 83.8% from 2013’s ...

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