SkyWest, Inc., (NASDAQ: SKYW) has reported in October 2018, it achieved 146,200 block hours, compared to 154,500 block hours in October 2017, a decrease of 5.4%, the company said.
The net decrease was consistent with SkyWest´s fleet transition plan to improve the mix of aircraft in its fleet.
The year-over-year net change was primarily driven by approximately 8,700 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 17,000 block hours from its other aircraft types.
In October 2018, SkyWest´s E175 aircraft represented approximately 28% of SkyWest´s total block hour production for the month compared to approximately 21% for the month of October 2017.
SkyWest reported 1,470,000 block hours for year-to-date October 2018, compared to 1,544,000 block hours year-to-date October 2017, a decrease of 74,000, or 4.8%. This net change was primarily driven by approximately 69,000 additional block hours from its E175 aircraft and a decrease of approximately 143,000 block hours from its other aircraft types.
SkyWest had 85,200 departures in October 2018 compared to 91,900 in October 2017, a decrease of 6,700, or 7.3%. Additional flight statistics for October are included in the accompanying table.
SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company with more than 17,000 employees. SkyWest´s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying nearly 50 million passengers annually.