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Skywest revenue up 31.8% in 4Q2010

24-Feb-2011 1:56 PM

Skywest reports (23-Feb-2011) the following consolidated financial highlights:

  • 3 months ended Dec-2010:
    • Revenue: USD796.3 million, +31.8% year-on-year;
    • Operating costs: USD744.4 million, +33.9% year-on-year;
    • Operating income: USD51.8 million, +7.2%;
    • Net income: USD37.2 million, +90.8%;
    • Passenger numbers: 11.7 million, +37.2%;
    • Revenue per ASM: -4.5%;
    • Cost per ASM: -3.8%;
  • 12 months ended Dec-2010:
    • Revenue: USD2,765 million, +5.8%;
    • Operating costs: USD2,563 million, +6.7%;
    • Operating income: USD201.8 million, -4.9%;
    • Net income: USD96.4 million, +15.2%;
    • Passenger numbers: 40.4 million, +17%;
    • Revenue per ASM: -8.5%;
    • Cost per ASM: -7.1%. [more]