SkyWest, Inc. reports news on its regional airline holding company, which includes SkyWest Airlines, SkyWest Charter and SkyWest Leasing. The company operates regional air service through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines, connecting passengers to destinations across North America and generating additional activity through aircraft leasing.
Recurring updates cover quarterly and annual operating results, block-hour production, fleet utilization, pilot training costs, aircraft deliveries and capital deployment for regional flying. Company news also addresses fleet flexibility across CRJ and E175 aircraft, regional service in smaller communities, strategic aviation investments and customer-partner agreements that shape SkyWest's aircraft portfolio and operating capacity.
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 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).
SkyWest (NASDAQ: SKYW) reported strong financial results for Q4 2024, with net income of $97 million ($2.34 per diluted share), compared to $18 million ($0.42 per diluted share) in Q4 2023. Full-year 2024 net income reached $323 million ($7.77 per diluted share), up from $34 million ($0.77 per diluted share) in 2023.
Q4 2024 revenue increased 26% to $944 million, with block hour production up 20%. The company secured a multi-year contract extension with American Airlines for 74 CRJ700s and took delivery of four new E175 aircraft under a United Airlines agreement. By end of 2026, SkyWest is scheduled to operate 278 E175 aircraft.
As of December 31, 2024, SkyWest maintained $802 million in cash and marketable securities, with total debt at $2.7 billion. The company continued its share repurchase program, buying back 47,000 shares for $4.9 million during Q4 2024.
SkyWest (NASDAQ: SKYW) has announced its upcoming conference call and webcast to discuss fourth quarter and full year 2024 results. The event will take place after market close on Thursday, January 30, 2025, at 2:30 p.m. Mountain Time.
The presentation will include an overview of quarterly results followed by a Q&A session. Participants can join via webcast or phone, with dedicated lines for both US (1-888-330-2455) and international callers (1-240-789-2717). A digital rebroadcast will be available from 5:30 p.m. MT on January 30 through February 13, 2025.