SkyWest sees slight increase in revenue passenger miles

17 March 2014

SkyWest, Inc., (NASDAQ: SKYW) said it has reported a 0.1 percent increase in revenue passenger miles for February, while available seat miles (ASMs) decreased 2.6 percent compared to February 2013.

SkyWest also reported that passenger boardings for February decreased 3.0 percent to 4,141,803 compared to 4,269,786 for the same period last year. Load factor increased to 80.7 percent compared to 78.5 percent in February 2013. The combined airlines generated 2.1bn RPMs for the month, while ASMs decreased to 2.7bn. SkyWest also reported a decrease of 7.5 percent in departures to 98,906 for February compared to 106,928 for the same period last year.

February departures were 7.5 percent below the same period in 2013. As a result of the extreme weather conditions in February 2014, SkyWest canceled approximately 7,000 flights due to this extreme weather.

SkyWest is the holding company for two scheduled passenger airline operations and an aircraft leasing company, and is headquartered in St. George, Utah. SkyWest´s scheduled passenger airline operations consist of SkyWest Airlines, also based in St. George, Utah, and ExpressJet Airlines, Inc., based in Atlanta, Georgia. Its website is at www.skywest.com.

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