SkyWest, Inc., (NASDAQ: SKYW) said it has reported 162,989 block hours in November 2015, compared to 180,507 block hours in November 2014, a decrease of 17,518, or 9.7 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 was primarily driven by approximately 8,700 additional block hours from its incremental 76-seat E175 aircraft and a decrease of approximately 26,800 block hours from fewer 50-seat jet (CRJ200s and ERJ135s/145s) and 30-seat turboprop (EMB-120) aircraft.
In November 2015, SkyWest´s dual class aircraft (CRJ700s, CRJ900s and E175s) represented approximately 41 percent of SkyWest´s total block hour production for the month compared to approximately 32 percent for the month of November 2014.
SkyWest reported 1,908,268 block hours for year-to-date November 2015, compared to 2,090,069 block hours year-to-date November 2014, a decrease of 181,801, or 8.7 percent. This net change was primarily driven by approximately 94,000 additional block hours from SkyWest´s E175 aircraft and a decrease of approximately 266,000 block hours from fewer 50-seat jet and 30-seat turboprop aircraft.
SkyWest had 95,512 departures in November 2015 compared to 106,018 in November 2014, a decrease of 10,506, or 9.9 percent. SkyWest generated 2.86 billion available seat miles (ASMs) for November 2015, compared to 3.03 billion ASMs for November 2014, or a 5.7 percent decrease. Additional flight statistics for November, including passengers enplaned, revenue passenger miles, and passenger load factors, are included in the accompanying table.