SkyWest, Inc., (NASDAQ: SKYW) has reported approximately 147,800 block hours in January 2018, compared to approximately 153,700 block hours in January 2017, a decrease of 5,900 or 3.8%, 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 7,200 additional block hours from E175 aircraft and a decrease of approximately 13,100 block hours from other aircraft types.
In January 2018, SkyWest´s dual-class aircraft represented approximately 53% of SkyWest´s total block hour production for the month compared to approximately 47% for the month of January 2017.
SkyWest had approximately 84,300 departures in January 2018 compared to approximately 87,500 in January 2017, a decrease of 3,200, or 3.6%. Additional flight statistics for January are included in the accompanying table.
Based in St. George, Utah, SkyWest, Inc. is the holding company for two scheduled passenger airline operations and an aircraft leasing company, with more than 17,000 employees.