SkyWest, Inc., (NASDAQ: SKYW) has reported 155,900 block hours in August 2018, a decrease of 6,300 or 3.9% compared to 162,200 block hours in August 2017, 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 7,800 additional block hours from its E175 aircraft (includes the E175 aircraft and the E175 SC aircraft) and a decrease of approximately 14,100 block hours from its other aircraft types.
In August 2018, SkyWest´s E175 aircraft represented approximately 27% of SkyWest´s total block hour production for the month compared to approximately 21% for the month of August 2017.
SkyWest reported 1,185,000 block hours for year-to-date August 2018, compared to 1,245,000 block hours year-to-date August 2017, a decrease of 60,000, or 4.8%. This net change was primarily driven by approximately 54,000 additional block hours from its E175 aircraft and a decrease of approximately 114,000 block hours from its other aircraft types.
SkyWest had 90,600 departures in August 2018 compared to 97,200 in August 2017, a decrease of 6,600, or 6.7%.
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. SkyWest Airlines operates through partnerships with United Airlines (“United”), Delta Air Lines (“Delta”), American Airlines (“American”) and Alaska Airlines. ExpressJet Airlines operates through partnerships with United, Delta and American.