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Tuesday, May 21, 10:42 AM Shares in Embraer (ERJ +3.3%) move up after it and SkyWest (SKYW -0.4%) earlier announced a firm order for 40 Embraer 175 aircraft. Additionally, another 60 firm orders were reconfirmable aircraft, subject to SkyWest being awarded CPA agreement contracts with United Airlines. If all firm orders are exercised, the order has a current estimated value of $4.1M. 1 Comment [Global & FX, On the Move]
Tuesday, May 21, 6:58 AM United Continental (UAL) says it signed a capacity agreement with Skywest (SKYW) to operate 40 Embraer 175 aircraft under the United Express brand name. The deal is in addition to previous Embraer 175 jets ordered for United Express. Comment! [Consumer]
Friday, May 10, 9:15 AM SkyWest (SKYW) reports a 7.5% increase in revenue passenger miles during April for its SkyWest and ExpressJet airlines. The number of passengers the company flew increased 5.8% to 5.034M during the month. Comment! [Consumer]
Wednesday, May 8, 6:52 AM SkyWest (SKYW): Q1 EPS of $0.06 beats by $0.07. Revenue of $803.5M misses by $20.7M. (PR) Comment! [Earnings, Breaking News]
Thursday, April 18, 2:31 PM The FAA says it will cut staffing by 10% at airports in Atlanta, Chicago, and Los Angeles this Sunday in one of its first rounds of cuts tied to mandatory budget reductions under the sequester. Though the prospect of fewer air traffic controllers sounds daunting, carriers haven't announced just yet that the development will impact the number of flights flown or revenue booked this quarter. 9 Comments [Consumer]
Saturday, March 30, 9:51 AM Airlines around the world have gone to great lengths in recent years to reduce the weight they carry, with an eye to decreasing fuel requirements and increasing profit. So if weight is such a key concern for airlines' operations, why not charge for overweight passengers as well as overweight baggage? At least one economist thinks it's a great idea. 24 Comments [Consumer]
Thursday, March 7, 5:45 PM SkyWest, Inc. (SKYW) declares $0.04/share quarterly dividend, in line with previous. Forward yield 1.07%. For shareholders of record Mar. 29. Payable Apr. 05. Ex-div date Mar. 27. (PR) Comment! [Dividends]
Tuesday, March 5, 2:27 PM IATA says passenger air travel rose 2.7% Y/Y in January, a mark which is higher the 2.2% gain in capacity. The agency says a calendar effect may have influenced the total with travel linked to the Chinese New Year falling in the period last year to boost results. International air travel was up 3.7% and domestic air travel rose 1.1% compared to last year. Comment! [Consumer]
Friday, February 22, 10:26 AM Airlines are feeling the effect of a large winter storm that swept across the middle part of the country. Over a thousand flights were cancelled yesterday and another 613 flights today are grounded. United (UAL +0.7%), Southwest (LUV +0.5%), and SkyWest (SKYW) appear to be the carriers affected the most. The storm isn't quite done yet, with the Northeast set to get hit this weekend to pose another threat to the schedules of airlines. 1 Comment [Consumer]
Thursday, February 14, 6:52 AM SkyWest (SKYW): Q4 EPS of $0.27 beats by $0.04. Revenue of $810.7M (-9.9% Y/Y) misses by $9.16M. (PR) Comment! [Earnings, Breaking News]
Thursday, January 3, 9:05 AM SkyWest, Inc. (SKYW) declares $0.04/share quarterly dividend, in line with previous. Forward yield 1.26%. For shareholders of record Dec. 31. Payable Jan. 04. Ex-div date Dec. 27. (PR) Comment! [Dividends]
Thursday, December 13, 2012, 3:36 AM SkyWest (SKYW) has finalized an agreement to acquire 100 Mitsubishi Regional Jets in a deal worth $4.2B at list prices and has taken an option for another 100. Mitsubishi Aircraft expects to start delivering the 70-90 seat planes, which will be fitted with Pratt & Whitney (UTX) engines, in 2017. Comment! [Consumer]
Tuesday, November 27, 2012, 3:00 PM President Obama signs a bill to effectively shield U.S. airlines from European carbon emission fees. The development is a victory for carriers with the threat of having to pay a fee for flight times over U.S. soil on top of the time spent in EU airspace a part of the controversial emissions trading system. Comment! [Consumer]
Monday, November 12, 2012, 8:54 AM U.S. airlines face the most serious shortage of pilots in over forty years, according to the WSJ. New federal mandates and a wave of pilots about to hit retirement age are setting up to create a "crisis" in the industry with no quick-fix solution in place, warns insiders. Look for regional carriers to feel the sharpest sting if the pilot shortage develops in short order. 4 Comments [Consumer]
Wednesday, November 7, 2012, 6:53 AM SkyWest (SKYW): Q3 EPS of $0.40 beats by $0.30. Revenue of $865.3M (-9.4% Y/Y) misses by $76M. (PR) 1 Comment [Earnings]
Wednesday, October 10, 2012, 3:59 PM SkyWest (SKYW -6.1%) is downgraded to Underperform by BAML on valuation concerns after shares have climbed ~60% in past three months and now trade at a substantial premium to the major U.S. airlines; yet the firm says SKYW lacks the upside earnings leverage of its partner airlines. SKYW reported September revenue passenger miles rose 1%. Comment! [Consumer, Quick Ideas, On the Move]

SKYW SkyWest, Inc.

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SkyWest, Inc.