3-Nov-2011 1:15 PM
SkyWest reports sharp decline in 3Q2011 profits
SkyWest revenue up 39% - financial highlights for three months ended 30-Sep-2011:
- Total operating revenue: USD955.4 million, +39.0% year-on-year;
- Total operating costs: USD928.6 million, +47.7%;
- Labour: USD288.4 million, +55.6%;
- Aircraft maintenance, materials and repairs: USD189.8 million, +57.0%;
- Fuel: USD160.3 million, +83.6%;
- Operating profit: USD26.8 million, -54.0%;
- Net profit: USD116,000, -99.5%;
- Passenger numbers: 15.0 million, +46.2%;
- Passenger load factor: 81.4%, +0.6 ppt;
- Passenger breakeven load factor: 80.8%, +4.3 ppts;
- Yield: USD 11.90 cents, -9.8%;
- Revenue per ASM: USD 9.90 cents, -9.2%;
- Cost per ASM: USD 9.80 cents, -4.9%. [more - original PR]