Skywest Profits, Cuts Some UA Express Routes

SkyWest, Inc reported net income of $9.6 million, reversing a previous net off of $22.9 million in the same quarter a year ago.
The company removed 15 Embraer EMB-120 Brasilias from service along with 29 50-seat aircraft previously operated for United Express. The represents a net reduction in the combined fleet of 24 aircraft. SkyWest will further reduced the fleet by another 60 aircraft by the end of this year. The company is eliminating unprofitable aircraft and contract routes.

SkyWest was named one of “America’s Best Employers 2015” by Forbes ®. SkyWest is the only regional airline company included on the 2015 list.

• Total aircraft in service went to 693 at March 31, 2015 from 717 December 31, 2014, summarized as follows:

o Added nine new E175 aircraft with United
o Added five used 50-seat aircraft with Delta and six used 50-seat aircraft with American
o Removed 15 EMB120 aircraft from service
o Removed 29 50-seat aircraft from service previously operated with United
 Under a previously announced agreement with Alaska Airlines, SkyWest Airlines is scheduled to take delivery of seven new E175 aircraft between Q2 2015 and the Q1 2016.