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SkyWest profit falls in first quarter

SkyWest Airlines posted a 1.3% decline in net income to $18.8 million for the first quarter ended March 31, down from net income of $19.4 million in the 2004 quarter. Total operating revenue rose 34.1% to $340.3 million, primarily owing to a 33.8% jump in capacity driven by an increase in fleet size year-over-year, along with increased fuel cost reimbursements by the company's Major partners that are recorded as operating revenues under contract flying arrangements. But operating expenses also increased, climbing 39.8% to $305.8 million during the quarter.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.