Skywest Inc Stock Price, News & Analysis

SkyWest (NASDAQ: SKYW) reported Q3 2025 net income of $116 million, or $2.81 per diluted share, versus $90 million, or $2.16 per diluted share in Q3 2024. Revenue was $1.1 billion, up 15% year-over-year, and operating income was $174 million, up 33% from Q3 2024. Block hour production increased 15% year-over-year.

SkyWest had $753 million in cash and marketable securities and $2.4 billion in total debt at September 30, 2025. Q3 capital expenditures were $122 million. The company repurchased 244,000 shares for $26.6 million in Q3 and has $240 million remaining under its repurchase program.

Commercially, SkyWest reached a multi-year contract extension with United for up to 40 CRJ200 aircraft, expects to have nearly 300 E175 by end of 2028, and entered a purchase agreement for 44 additional E175 plus purchase rights on 50 more from Embraer.

SkyWest (NASDAQ: SKYW) will host a live conference call and webcast to discuss third quarter 2025 results on Thursday, October 30, 2025 at 2:30 p.m. Mountain Time. The event will include an overview of quarterly results followed by a Q&A session.

Webcast access: https://events.q4inc.com/attendee/650963618. US call-in: 1-888-330-2455. International call-in: 1-240-789-2717. Conference ID/Event Plus passcode: 8322450. Connect 10 minutes early.

A digital rebroadcast will be available after 5:30 p.m. MT on October 30, 2025 through November 13, 2025 at 9:59 p.m. MT. Rebroadcast US dial-in: 1-800-770-2030; international: 1-609-800-9909; conference ID: 8322450#. Investor Relations contact: 435-634-3200, investor.relations@skywest.com.

SkyWest (NASDAQ: SKYW) has announced a strategic investment agreement with Maeve Aerospace, securing exclusive launch customer rights for the MAEVE Jet, a hybrid electric regional aircraft. The partnership positions SkyWest at the forefront of sustainable regional aviation technology.

As the world's largest regional airline, SkyWest will contribute its operational expertise during the development phase of the MAEVE Jet, while strengthening its long-term fleet replacement strategy. The collaboration includes MHIRJ, highlighting a joint commitment to advancing sustainable regional air travel solutions.

SkyWest (NASDAQ: SKYW) reported strong Q2 2025 financial results, with net income of $120 million ($2.91 per diluted share), up from $76 million in Q2 2024. Revenue increased 19% to $1.0 billion, driven by a 19% increase in block hour production. The company announced significant fleet expansion plans, including an agreement to purchase and operate 16 new E175 aircraft for Delta Air Lines, with deliveries in 2027-2028.

The company maintained a strong financial position with $727 million in cash and reduced total debt to $2.5 billion. SkyWest's board approved a $250 million increase to its share repurchase plan, with $267 million remaining availability. The company's strategic fleet expansion includes secured delivery positions for 44 additional E175s from 2028-2032 and purchase rights for 50 more aircraft.

SkyWest (NASDAQ: SKYW) has scheduled its second quarter 2025 earnings conference call and webcast for Thursday, July 24, 2025, at 2:30 p.m. Mountain Time. The event will feature a comprehensive overview of quarterly results followed by a Q&A session.

Investors can join via webcast or by calling 1-888-330-2455 (US) or 1-240-789-2717 (international) using conference ID 8322450. A digital rebroadcast will be available from July 24, 2025, through August 7, 2025.

SkyWest (NASDAQ: SKYW) has announced a significant fleet expansion with an agreement to purchase 60 new Embraer E175 aircraft. The deal includes 16 E175s that will operate under a multi-year contract with Delta Air Lines, with deliveries starting in 2027. These aircraft will replace 11 CRJ900s and 5 CRJ700s currently in service. Additionally, SkyWest secured firm delivery positions for 44 more E175s scheduled between 2028 and 2032, pending future flying contract opportunities. The company also obtained purchase rights for 50 additional E175 aircraft, providing fleet flexibility over the next decade. CEO Chip Childs emphasized that this strategic move will strengthen their Delta partnership and enhance their dual-class footprint.

SkyWest (NASDAQ: SKYW) has announced a significant expansion of its share repurchase program, with its Board of Directors approving a $250 million increase to the existing plan on May 6, 2025. This addition supplements the previous $250 million authorization from May 2023, of which approximately $22 million remained after $12 million in repurchases during April 2025. The combined authorization now allows SkyWest to repurchase up to $272 million of its common stock.

The company has flexibility to execute repurchases through open market transactions, private negotiations, or other means in compliance with federal securities laws. Management has discretion over timing and volume, with no expiration date on the authorization.

SkyWest (NASDAQ: SKYW) reported strong Q1 2025 financial results with net income of $101 million ($2.42 per diluted share), up from $60 million ($1.45 per share) in Q1 2024. The quarter included a $10 million discrete tax benefit.

Revenue increased 18% to $948 million, driven by a 22% increase in block hour production. Operating expenses rose 15% to $809 million due to CRJ fleet maintenance costs and increased flight production.

The company maintained strong liquidity with $751 million in cash and marketable securities, while reducing total debt to $2.6 billion. Under its share repurchase program, SkyWest bought back 141,000 shares for $13.7 million at an average price of $97.27 per share.

SkyWest secured contract extensions with Delta Air Lines for five CRJ700 and 11 CRJ900 aircraft, and plans to operate 278 E175 aircraft by end of 2026.

SkyWest (NASDAQ: SKYW) has scheduled its first quarter 2025 earnings conference call and webcast for Thursday, April 24, 2025, after market close. The event will begin at 2:30 p.m. Mountain Time and will include a presentation of quarterly results followed by a Q&A session.

Participants can join via webcast or through dedicated call-in numbers: 1-888-330-2455 for US callers and 1-240-789-2717 for international callers, using conference ID 8322450. A digital rebroadcast will be available from 5:30 p.m. MT on April 24 through May 8, 2025, accessible via 1-800-770-2030 (US) or 1-609-800-9909 (international).