SkyWest operating profit up 10% in 3Q2016

SkyWest revenue up 1% - financial highlights for three months ended 30-Sep-2016:

• Total operating revenue: USD799.8 million, +0.7% year-on-year;
• • Passenger: USD781.5 million, +0.5%;
  • Ground handling and other: USD18.3 million, +10.8%;
• Total operating costs: USD713,942 million, -0.2%;
• • Labour: USD306.0 million, +0.4%;
  • Aircraft maintenance, materials and repairs: USD143.6 million, -2.6%;
• Operating profit: USD85.8 million, +9.6%;
• Net profit: USD41.3 million, +13.9%;
• Passenger numbers: 14.0 million, -4.9%;
• Passenger load factor: 83.4%, -0.3 ppt;
• Yield: USD 10.8 cents, +8.0%;
• Revenue per ASM: USD 9.2 cents, +7.0%;
• Cost per ASM: USD 8.4 cents, +6.3%;
• Average passenger trip length: 517 miles, -1.5%;
• Total assets: USD5299.8 million;
• Cash, restricted cash and marketable securities: USD564.2 million;
• Total liabilities: USD3675.7 million. [more - original PR]