Trade SkyWest Inc - SKYW CFD

SkyWest Company profile

About SkyWest, Inc.

SkyWest, Inc., through its subsidiary, SkyWest Airlines, Inc. (SkyWest Airlines) operates regional airline operations in the United States. The Company's segments include SkyWest Airlines and SkyWest Leasing. The SkyWest Airlines segment includes revenue earned under the applicable capacity purchase agreements attributed to operating such aircraft and the respective operating costs. The SkyWest Leasing segment includes applicable revenue earned under the applicable capacity purchase agreements attributed to the ownership of new aircraft acquired through the issuance of debt and the respective depreciation and interest expense of such aircraft. It offers scheduled passenger service with approximately 2,260 total daily departures to destinations in the United States, Canada, Mexico and the Caribbean. The Company’s flights are operated as Delta Connection, United Express, American Eagle or Alaska Airlines flights.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, SkyWest, Inc. revenues increased 28% to $2.71B. Net income totaled $111.9M vs. loss of $8.5M. Revenues reflect SkyWest Airlines segment increase of 34% to $2.19B, Sky west leasing segment increase of 6% to $521.1M, Revenue Passengers, Total increase of 72% to 36.6M, Load Factor, Total -% increase of 32% to 74.6%.

Equity composition

Common Stock no Par, 03/11, 120M auth., 75,669,220 issd., less 22,297,974 shs. in Treas. @ $329.3M. Insiders own 3.53%. IPO 6/86, 1.45M shs @ $10 by Paine Webber.PO 2/94, 1Mshs @ $31 by Robinson- Humphrey (RH). PO 2/98,1.61M shs @$40.50 by RH.12/01Q = 12 monthnumbers.