ST. GEORGE, Utah, March 14, 2014 /PRNewswire/ -- SkyWest, Inc., (NASDAQ: SKYW) ("SkyWest") today reported a 0.1 percent increase in revenue passenger miles (RPMs) for February, while available seat miles (ASMs) decreased 2.6 percent compared to February 2013. SkyWest also reported that passenger boardings for February decreased 3.0 percent to 4,141,803 compared to 4,269,786 for the same period last year. Load factor increased to 80.7 percent compared to 78.5 percent in February 2013. The combined airlines generated 2.1 billion RPMs for the month, while ASMs decreased to 2.7 billion. SkyWest also reported a decrease of 7.5 percent in departures to 98,906 for February compared to 106,928 for the same period last year.
February departures were 7.5 percent below the same period in 2013. As a result of the extreme weather conditions in February 2014, SkyWest canceled approximately 7,000 flights due to this extreme weather.
About SkyWest
SkyWest is the holding company for two scheduled passenger airline operations and an aircraft leasing company, and is headquartered in St. George, Utah. SkyWest's scheduled passenger airline operations consist of SkyWest Airlines, also based in St. George, Utah, and ExpressJet Airlines, Inc. ("ExpressJet Airlines"), based in Atlanta, Georgia. SkyWest Airlines operates as United Express, Delta Connection, American Eagle and US Airways Express carriers under contractual agreements with United, Delta, American Airlines, Inc. ("American") and US Airways, Inc. ("US Airways"). SkyWest Airlines also operates flights for Alaska Airlines under a contractual agreement. ExpressJet Airlines operates as United Express, Delta Connection, and American Eagle carriers under contractual agreements with United, Delta and American. System-wide, SkyWest serves markets in the United States, Canada, Mexico and the Caribbean with approximately 3,500 daily departures and a fleet of approximately 756 regional aircraft. This press release and additional information regarding SkyWest can be accessed at www.skywest.com.
FLIGHT STATISTICS | ||||
SkyWest, Inc. February Traffic | ||||
2014 | 2013 | % Change | ||
Passengers | 4,141,803 | 4,269,786 | (3.0) | |
Revenue Passenger Miles | 2,192,977,888 | 2,190,441,250 | 0.1 | |
Available Seat Miles | 2,719,101,307 | 2,790,937,169 | (2.6) | |
Load Factor | 80.7 | 78.5 | 2.2 pts | |
Block Hours | 166,447 | 174,935 | (4.9) | |
Departures | 98,906 | 106,928 | (7.5) | |
Calendar Year-To-Date | ||||
2014 | 2013 | % Change | ||
Passengers | 8,427,036 | 8,766,071 | (3.9) | |
Revenue Passenger Miles | 4,481,781,296 | 4,508,623,859 | (0.6) | |
Available Seat Miles | 5,640,758,625 | 5,826,684,660 | (3.2) | |
Load Factor | 79.5 | 77.4 | 2.1 pts | |
Block Hours | 345,780 | 365,208 | (5.3) | |
Departures | 205,202 | 222,899 | (7.9) | |
SOURCE SkyWest, Inc.
