SkyWest Airlines — the St. George, Utah-based regional airline that operates flights on behalf of numerous large American carriers — announced its first-quarter earnings on Thursday, reporting a $30 million profit even as the country's largest airlines saw losses in the billions of dollars. The company, which did still see its stock price fall in after-hours trading, saw a $88 million net income in the same period in 2019, meaning the airline lost nearly two-thirds of its operating profit. But…
As airlines reduce schedules and flying hours, yet another airline has followed the suit of Alaska Airlines and JetBlue: United Airlines. The main condition of airlines being eligible to receive money from the federal government under the CARES Act is that they are required to maintain a minimum level of…
Mitsubishi Aircraft Corporation has announced that Trans States Holdings has cancelled its order for the SpaceJet M90. The announcement is a blow for the beleaguered Mitsubishi regional jet program. The order for 50 M90 aircraft was the second largest on the manufacturer's order book. The two parties will be entering…
Three airlines informed Columbia Regional Airport in central Missouri that they will be temporarily suspending operations under what they claim are unsafe airport operations. Mesa Airlines, SkyWest Airlines and Envoy Air all see Columbia’s only operating runway 13/31 as a safety concern but would not specifically list publicly why the…
U.S. regional airline SkyWest Airlines has announced the sale of subsidiary ExpressJet Airlines to a joint venture that includes United Airlines. The deal is worth $70 million in cash as well as the joint venture assuming all liabilities of ExpressJet, which has long struggled with profitability. The joint venture, ManaAir,…
The Kearney, Neb. City Council has unanimously voted SkyWest Airlines has the next carrier for Kearney. City council members voted 5-0 for SkyWest, the winner out of seven bids from other regional carriers. The council will send a recommendation for a two-year contract to the U.S. Department of Transportation. 17…
Last month, SkyWest, Inc. announced another profitable quarter, continuing a positive trend marked by increased E175 flying and a reduced CRJ-200 fleet. Both SkyWest Airlines and ExpressJet enjoyed a 99.9% completion rate excluding weather cancellations, building on success from a year earlier. SkyWest, Inc. CEO Chip Childs stated, “The year-over-year…
