Associated tags: Alaska Airlines, SkyWest Airlines, Delta Air Lines, United Airlines, Air, Transport, Travel, Transportation, Airline
Locations: UNITED STATES, NORTH AMERICA, UTAH, ALASKA
MELVILLE, N.Y., May 1, 2024 /PRNewswire/ -- Accommodations Plus International ("API"), the worldwide leader in crew accommodations technology and service solutions, is proud to announce its selection by SkyWest Airlines, a wholly-owned subsidiary of SkyWest, Inc. (NASDAQ: SKYW) to provide a comprehensive suite of crew management solutions.
Key Points:
- MELVILLE, N.Y., May 1, 2024 /PRNewswire/ -- Accommodations Plus International ("API"), the worldwide leader in crew accommodations technology and service solutions, is proud to announce its selection by SkyWest Airlines, a wholly-owned subsidiary of SkyWest, Inc. (NASDAQ: SKYW) to provide a comprehensive suite of crew management solutions.
- SkyWest selected API for its comprehensive end-to-end crew accommodations platform and world-class service, as well as its ability to quickly advance through implementation, which reduces the risks of major technology transitions.
- In October 2023, SkyWest entrusted API with its crew management needs, recognizing API's unparalleled expertise and comprehensive procure-to-pay solution.
- The selection of API reflects SkyWest's confidence in API's ability to deliver superior results and elevate the crew experience.
SkyWest’s block hour production increased 5% in Q1 2024 compared to Q1 2023, which reflects improvements in captain availability since Q1 2023.
Key Points:
- SkyWest’s block hour production increased 5% in Q1 2024 compared to Q1 2023, which reflects improvements in captain availability since Q1 2023.
- Operating expenses were $704 million in Q1 2024, up $7 million, or 1%, from $697 million in Q1 2023.
- SkyWest had $821 million in cash and marketable securities at March 31, 2024, down from $835 million at December 31, 2023.
- Capital expenditures during Q1 2024 were $38 million for the purchase of spare engines and other fixed assets.
The conference ID/Event Plus passcode is: 8322450
Key Points:
- The conference ID/Event Plus passcode is: 8322450
Please connect ten minutes before the scheduled hour to ensure a prompt starting time.
- If you have any questions, please contact Investor Relations at 435-634-3200.
- In addition, a digital rebroadcast of the conference call will be available after 5:30 p.m. MT on April 25, 2024 through May 9, 2024 at 9:59 p.m. MT.
- US callers can access the rebroadcast by dialing 1-800-770-2030; international callers can access the rebroadcast by dialing 1-609-800-9909.
Human Resources,
Women,
Air,
Transport,
Professional Services,
DEI (Diversity, Equity and Inclusion),
Transportation,
Consumer,
Travel,
Diversity,
Woman,
Glassdoor,
Classification,
Newsweek SkyWest, Inc. (NASDAQ: SKYW) is pleased to be named one of “America’s Greatest Workplaces for Diversity” and “America’s Greatest Workplaces for Women” by Newsweek in 2024.
Key Points:
- SkyWest, Inc. (NASDAQ: SKYW) is pleased to be named one of “America’s Greatest Workplaces for Diversity” and “America’s Greatest Workplaces for Women” by Newsweek in 2024.
- SkyWest was the only regional airline to be recognized on either list.
- The more than 500 employers on Newsweek’s Greatest Workplaces for Diversity 2024 list were chosen based on an independent survey of over 220,000 U.S. employees at over 1.5 million companies in their U.S. operations.
- SkyWest was also named a Forbes Best Employer in 2021, 2022 and is a Glassdoor Employees’ Choice Award recipient for 2020 and 2021.
SkyWest, Inc. (NASDAQ: SKYW) is pleased to announce a new flying agreement with United Airlines to place 20 partner-financed E175s under a four-year contract.
Key Points:
- SkyWest, Inc. (NASDAQ: SKYW) is pleased to announce a new flying agreement with United Airlines to place 20 partner-financed E175s under a four-year contract.
- The 20 E175s will join the SkyWest fleet throughout 2024.
- This agreement is in addition to the previously announced 19 SkyWest-owned E175 agreement with United.
- “We’re delighted to continue enhancing our United partnership and pleased that we’re able to deliver on the strong market demand,” said Chip Childs, President & CEO of SkyWest.
Retrieved on:
Thursday, February 1, 2024
Finance,
Banking,
Air,
Professional Services,
Transport,
Capital expenditure,
Sale,
Aircraft,
E175,
Share repurchase,
Cryptocurrency Commenting on the results, Chip Childs, Chief Executive Officer of SkyWest, said, “Our teams continued to generate an exceptional product this quarter.
Key Points:
- Commenting on the results, Chip Childs, Chief Executive Officer of SkyWest, said, “Our teams continued to generate an exceptional product this quarter.
- Together, the SkyWest team achieved a record 300 days of 100% controllable completion in 2023.
- As of December 31, 2023, SkyWest had $91 million of remaining availability under its current share repurchase program.
- Total debt at December 31, 2023 was $3.0 billion, down from $3.1 billion at September 30, 2023 and $3.4 billion at December 31, 2022.
Retrieved on:
Thursday, January 11, 2024
The conference ID/Event Plus passcode is: 8322450
Key Points:
- The conference ID/Event Plus passcode is: 8322450
Please connect ten minutes before the scheduled hour to ensure a prompt starting time.
- If you have any questions, please contact Investor Relations at 435-634-3200.
- In addition, a digital rebroadcast of the conference call will be available after 5:30 p.m. MT on February 1, 2024 through February 15, 2024 at 9:59 p.m. MT.
- US callers can access the rebroadcast by dialing 1-800-770-2030; international callers can access the rebroadcast by dialing 1-647-362-9199.
Retrieved on:
Thursday, October 26, 2023
Transportation,
Air,
Transport,
Travel,
E175,
United Airlines,
Aircraft,
Share repurchase,
CRJ,
SkyWest, Inc.,
Capital expenditure,
Cryptocurrency,
Airline,
SkyWest Airlines As of September 30, 2023, SkyWest had $136 million of remaining availability under its current share repurchase program.
Key Points:
- As of September 30, 2023, SkyWest had $136 million of remaining availability under its current share repurchase program.
- Revenue was $766 million in Q3 2023, down $23 million, or 3%, from $789 million in Q3 2022.
- SkyWest had $820 million in cash and marketable securities at September 30, 2023, down from $862 million at June 30, 2023 and $1.0 billion at December 31, 2022.
- Total debt at September 30, 2023 was $3.1 billion, down from $3.2 billion at June 30, 2023 and $3.4 billion at December 31, 2022.
Retrieved on:
Thursday, October 5, 2023
SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, October 26, 2023 to discuss third quarter 2023 results.
Key Points:
- SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, October 26, 2023 to discuss third quarter 2023 results.
- The format will include an overview of the quarterly results followed by a Q&A session.
- Interested parties can access the webcast at: https://events.q4inc.com/attendee/707520484
The conference ID/Event Plus passcode is: 8322450
Please connect ten minutes before the scheduled hour to ensure a prompt starting time.
- US callers can access the rebroadcast by dialing 1-800-770-2030; international callers can access the rebroadcast by dialing 1-647-362-9199.
Finance,
Banking,
Air,
Professional Services,
Transport,
Alaska Airlines,
E175,
Capital expenditure,
Delta Air Lines,
Share repurchase,
SkyWest, Inc.,
Cryptocurrency,
Airline,
SkyWest Airlines The current share repurchase program authorized by the SkyWest Board of Directors in May 2023 had $186 million of remaining availability as of June 30, 2023.
Key Points:
- The current share repurchase program authorized by the SkyWest Board of Directors in May 2023 had $186 million of remaining availability as of June 30, 2023.
- Revenue was $726 million in Q2 2023, down $73 million, or 9%, from $799 million in Q2 2022.
- SkyWest deferred recognizing $60 million of revenue during Q2 2023 compared to recognizing previously deferred revenue of $16 million during Q2 2022.
- Total debt at June 30, 2023 was $3.2 billion, down from $3.3 billion at March 31, 2023 and $3.4 billion at December 31, 2022.
