SkyWest to swing to unusual loss in 1Q

Premium Analysis

In a highly unusual event for the airline, SkyWest will post a net loss for the first quarter. According to guidance issued on Friday, it expects to post a net loss between USD13 and USD15 million on lower block hours. In addition to higher maintenance, fuel and crew costs, Atlantic Southeast Airlines (ASA) took a USD7 million hit owing to last year’s reduction in the Delta Connection rates.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 426 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.