SkyWest Inc operating profit up 2% in 3Q2013

SkyWest Inc revenue down 2% - financial highlights for three months ended 30-Sep-2013:

• Total operating revenue: USD850.7 million, -1.7% year-on-year;
• • Passenger: USD836.9 million, -1.4%;
  • Ground handling and other: USD13.9 million, -17.0%;
• Total operating costs: USD794.6 million, -1.9%;
• • Labour: USD306.9 million, +3.3%;
  • Aircraft maintenance, materials and repairs: USD176.8 million, +7.9%;
• Operating profit: USD56.2 million, +2.2%;
• Net profit: USD26.4 million, +26.1%;
• Passenger numbers: 15.9 million, +1.5%;
• Passenger load factor: 81.7%, -0.5 ppt;
• Passenger breakeven load factor: 77.9%, -0.9 ppt;
• Yield: USD 10.0 cents, -5.7%;
• Revenue per ASM: USD 8.3 cents, -6.7%;
• Cost per ASM: USD 7.9 cents, -8.1%;
• Average passenger trip length: 526 miles, +3.5%;
• Total assets: USD4265 million;
• Cash, restricted cash and marketable securities: USD727.8 million;
• Total liabilities: USD2838 million. [more - original PR]