SkyWest Inc operating profit up 5% in 3Q2014

SkyWest Inc revenue down 2% - financial highlights for three months ended 30-Sep-2014:

• Total operating revenue: USD834.6 million, -1.9% year-on-year;
• Total operating costs: USD775.6 million, -2.4%;
• • Labour: USD315.8 million, +2.9%;
  • Aircraft maintenance, materials and repairs: USD159.9 million, -9.6%;
• Operating profit: USD59.1 million, +5.2%;
• Net profit: USD41.3 million, +56.6%;
• Passenger numbers: 15.6 million, -1.9%;
• Passenger load factor: 83.1%, +1.4 ppt;
• Passenger breakeven load factor: 78.9%, +1.0 ppt;
• Yield: USD 9.8 cents, -2.0%;
• Revenue per ASM: USD 8.3 cents, stable;
• Cost per ASM: USD 7.9cents, stable;
• Average passenger trip length: 534 miles, +1.5%;
• Total assets: USD4398 million;
• Cash, restricted cash and marketable securities: USD555.7 million;
• Total liabilities: USD2969 million. [more - original PR]