SkyWest block hours down 10.9%

SkyWest, Inc., (NASDAQ: SKYW) said it has reported 180,436 block hours in August 2015, compared to 202,508 block hours in August 2014, a decrease of 22,072, or 10.9 percent.

The net decrease was consistent with SkyWest´s fleet transition plan to improve the mix of aircraft in its fleet by adding new dual class aircraft to its fleet, while reducing its 50-seat and 30-seat aircraft.

The year-over-year net change included approximately 10,400 additional block hours from its additional 76-seat E175 aircraft and a decrease of approximately 31,000 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft.

In August 2015, SkyWest´s dual class aircraft (CRJ700s, CRJ900s and E175s) represented approximately 39 percent of SkyWest´s total block hour production for the month compared to approximately 30 percent for the month of August 2014.

SkyWest reported 1,411,622 block hours for year-to-date August 2015, compared to 1,532,566 block hours through August 2014, a decrease of 120,944, or 7.9 percent. This net change included approximately 67,000 additional block hours from SkyWest´s 76-seat E175 aircraft and a decrease of approximately 181,500 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft.

SkyWest had 107,724 departures in August 2015 compared to 121,887 in August 2014, a decrease of 14,163, or 11.6 percent. SkyWest generated 3.19 billion available seat miles (ASMs) for August 2015, compared to 3.43 billion ASMs for August 2014, or a 7.2 percent decrease.

SkyWest was named on Forbes ´America´s Best Employers 2015´ list and was Air Transport World´s Regional Airline of the Year in 2014. SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah.