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7-Nov-2013 1:36 PM

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]

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