SkyWest, Inc., (NASDAQ: SKYW) has reported 161,884 block hours in March 2017, compared to 171,643 block hours in March 2016, a decrease of 5.7%, the company said.
The net decrease was consistent with SkyWest´s fleet transition plan to improve the mix of aircraft in its fleet by adding new E175 aircraft, while reducing its 50-seat jets.
The year-over-year net change was primarily driven by approximately 13,300 additional block hours from its E175 aircraft and a decrease of approximately 23,100 block hours from its other aircraft types.
In March 2017, SkyWest´s dual class aircraft represented approximately 49% of SkyWest´s total block hour production for the month compared to approximately 42% for the month of March 2016.
SkyWest reported 452,683 block hours for year-to-date March 2017, compared to 486,872 block hours year-to-date March 2016, a decrease of 7.0%. This net change was primarily driven by approximately 36,800 additional block hours from its E175 aircraft and a decrease of approximately 71,000 block hours from its other aircraft types.
SkyWest had 96,010 departures in March 2017 compared to 101,895 in March 2016, a decrease of 5.8%. SkyWest generated 2.86 billion available seat miles (ASMs) for March 2017, compared to 3.01 billion ASMs for March 2016, or a 5.1% decrease. Additional flight statistics for March, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.
SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. ExpressJet Airlines operates through partnerships with United Airlines, Delta Air Lines and American Airlines. The company has nearly 20,000 employees.