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SkyWest revenue down 26.5% in 2Q2009

7-Aug-2009 2:36 PM

SkyWest revenue down 26.5% - financial highlights:

  • Three months ended 30-Jun-2009:
    • Revenue: USD698.8 million, -26.5% year-on-year;
    • Operating costs: USD639.0 million, -27.2%;
      • Labour: USD173.9 million, -3.8%;
      • Fuel: USD129.0 million, -64.8%;
    • Operating profit: USD59.8 million, -18.1%;
    • Net profit: USD26.2 million, -28.0%;
    • Passenger numbers: 8.9 million, +1.0%;
    • Passenger load factor: 80.2%, -1.6 ppt;
    • Breakeven load factor: 75.8%, -1.1 ppt;
    • Yield per RPM: USD 15.4 cents, -26.7%;
    • Revenue per ASM: USD 12.5 cents, -24.7%;
    • Cost per ASM: USD 11.8 cents, -25.3%;
  • Six months ended 30-Jun-2009:
    • Revenue: USD1,371 million, -24.6%;
    • Operating costs: USD1,271 million, -24.2%;
      • Labour: USD350.7 million, -4.3%;
      • Fuel: USD269.7 million, -59.1%;
    • Operating profit: USD100.6 million, -28.7%;
    • Net profit: USD35.6 million, -45.7%;
    • Passenger numbers: 16.5 million, -2.1%;
    • Passenger load factor: 77.7%, +0.8 ppt;
    • Breakeven load factor: 74.5%, +1.2 ppt;
    • Yield per RPM: USD 16.3 cents, -21.3%;
    • Revenue per ASM: USD12.8 cents, -20.5%;
    • Cost per ASM: USD 12.3 cents, -20.1%.