30-Oct-2014 3:30 PM
SkyWest Inc operating profit up 5% in 3Q2014
SkyWest Inc revenue down 2% - financial highlights for three months ended 30-Sep-2014:
- Total operating revenue: USD834.6 million, -1.9% year-on-year;
- Total operating costs: USD775.6 million, -2.4%;
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- Labour: USD315.8 million, +2.9%;
- Aircraft maintenance, materials and repairs: USD159.9 million, -9.6%;
- Operating profit: USD59.1 million, +5.2%;
- Net profit: USD41.3 million, +56.6%;
- Passenger numbers: 15.6 million, -1.9%;
- Passenger load factor: 83.1%, +1.4 ppt;
- Passenger breakeven load factor: 78.9%, +1.0 ppt;
- Yield: USD 9.8 cents, -2.0%;
- Revenue per ASM: USD 8.3 cents, stable;
- Cost per ASM: USD 7.9cents, stable;
- Average passenger trip length: 534 miles, +1.5%;
- Total assets: USD4398 million;
- Cash, restricted cash and marketable securities: USD555.7 million;
- Total liabilities: USD2969 million. [more - original PR]