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Skywest Inc. - SKYW STOCK NEWS

Welcome to our dedicated news page for Skywest (Ticker: SKYW), a resource for investors and traders seeking the latest updates and insights on Skywest.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Skywest's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Skywest's position in the market.

Rhea-AI Summary
SkyWest, Inc. (NASDAQ: SKYW) has been recognized as one of 'America’s Greatest Workplaces for Diversity' and 'America’s Greatest Workplaces for Women' by Newsweek in 2024. SkyWest was the only regional airline to make it onto either list, showcasing its commitment to diversity and inclusion in the workplace. Chip Childs, the President & CEO of SkyWest, emphasized the company's dedication to hiring the best talent regardless of classification, fostering a culture of excellence and diversity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
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Rhea-AI Summary
SkyWest, Inc. (NASDAQ: SKYW) announces a new flying agreement with United Airlines to add 20 partner-financed E175s to its fleet by 2024. The company is set to operate a total of 278 E175 aircraft by the end of 2026, strengthening its partnership with major airlines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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none
-
Rhea-AI Summary
SkyWest, Inc. reported a Q4 2023 pre-tax income of $24 million, net income of $18 million, or $0.42 per diluted share, and full year 2023 pre-tax income of $40 million, net income of $34 million, or $0.77 per diluted share. The company achieved a record 300 days of 100% controllable completion in 2023. Revenue was $752 million in Q4 2023, up 10% from the previous year. Operating expenses were $724 million, with $835 million in cash and marketable securities at December 31, 2023. SkyWest also announced the acquisition of a 25% ownership stake in Contour Airlines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.17%
Tags
none
Rhea-AI Summary
SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast to discuss fourth quarter and full year 2023 results on February 1, 2024. Interested parties can access the webcast at the provided link. The call-in numbers for US and international callers are also provided, and a digital rebroadcast will be available after the live event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
earnings
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Rhea-AI Summary
Embraer agrees to sell 19 new E175 jets to SkyWest for operation in the United Airlines network. The contract is valued at US$1.1 billion and the aircraft will be delivered in Q4 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
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none
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Rhea-AI Summary
Embraer agrees to sell 19 new E175 jets to SkyWest for operation in the United Airlines network. The contract is valued at US$1.1 billion and the aircraft will be delivered in Q4 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.62%
Tags
none
Rhea-AI Summary
Embraer agrees to sell 19 new E175 jets to SkyWest for operation in the United Airlines network. The contract is valued at US$1.1 billion and the aircraft will be delivered in Q4 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
none
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Rhea-AI Summary
SkyWest reports Q3 2023 financial results, including net income of $23 million and revenue of $766 million. They also secured an agreement with United Airlines for 19 new E175 aircraft.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.62%
Tags
earnings
-
Rhea-AI Summary
SkyWest, Inc. to host conference call and webcast to discuss Q3 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.33%
Tags
earnings
Skywest Inc.

Nasdaq:SKYW

SKYW Rankings

SKYW Stock Data

2.79B
39.33M
2.55%
82.27%
4.33%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
US
Saint George

About SKYW

as a leading air service provider offering global access to millions of people each month, skywest partners with the world’s largest network carriers including united airlines, delta air lines, american airlines and alaska airlines. with a fleet of more than 350 aircraft, skywest’s more than 11,500 aviation professionals operate nearly 1,800 flights each day to more than 200 destinations throughout north america. skywest is known for its industry-leading workforce, exceptional leadership team, and continued solid operational and economic performance. the airline is headquartered in st. george, utah.