Skywest Inc. Reports Operating Results for the Month and Year-To-Date Ended December 2014
January 09, 2015 at 05:08 pm
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SkyWest Inc. reported operating results for the month and year-to-date ended December 2014. For the month, the company reported passengers carried were 4,746,121 against 4,912,416 a year ago. Revenue passenger miles were 2,577,882,531 against 2,636,759,705 a year ago. Available seat miles were 3,130,128,253 against 3,134,993,581 a year ago. Load factor was 82.4% against 84.1% a year ago.
For the year to date, the company reported passengers carried were 58,962,010 against 60,581,948 a year ago. Revenue passenger miles were 31,499,396,743 against 31,834,735,152 a year ago. Available seat miles were 38,220,150,276 against 39,207,910,330 a year ago. Load factor was 82.4% against 81.2% a year ago.
SkyWest, Inc. is the holding company for SkyWest Airlines, Inc. (SkyWest Airlines) and SkyWest Leasing, Inc. (SkyWest Leasing), an aircraft leasing company. The Company operates through two segments: SkyWest Airlines and SWC, and SkyWest Leasing. SkyWest Airlines offers scheduled passenger service to destinations in the United States, Canada and Mexico. The Company's flights are operated as United Express, Delta Connection, American Eagle or Alaska Airlines flights under code-share agreements with United Airlines, Inc., Delta Air Lines, Inc., American Airlines, Inc. or Alaska Airlines, Inc., respectively. SkyWest Airlines has a fleet of approximately 500 aircraft. SkyWest Charter, LLC (SWC) offers on-demand charter service using CRJ200 aircraft in a 30-seat configuration. SkyWest Leasing finances new aircraft with debt under its capacity purchase agreements, consisting of its E175 aircraft. SkyWest Leasing is also engaged in leasing aircraft and engines to third parties.