SkyWest, ExpressJet report 7.3 percent decrease in traffic in May 2016

SkyWest, Inc., (NASDAQ: SKYW) has reported 164,955 block hours in May 2016, compared to 177,967 block hours in May 2015, a decrease of 13,012 or 7.3 percent, 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 dual class aircraft to its fleet, while reducing its single class aircraft.

The year-over-year net change was primarily driven by approximately 5,800 additional block hours from its dual class aircraft (E175s, CRJ900s and CRJ700s) and a decrease of approximately 18,800 block hours from fewer single class aircraft (CRJ200s, ERJ135s/145s and EMB120s).

SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest´s airline companies provide commercial air service in cities throughout North America with more than 3,000 scheduled daily flights carrying nearly 57 million passengers annually.