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Stock impact report

SkyWest, Inc. Announces Third Quarter 2024 Profit

SkyWest, Inc. (SKYW) 
Last skywest, inc. earnings: 1/30 04:01 pm Check Earnings Report
Company Research Source: Business Wire
Third Quarter 2024 SummaryQ3 2024 pre-tax income of $116 million, net income of $90 million, or $2.16 per diluted shareSkyWest reached an agreement with United Airlines (“United”) to place 40 CRJ550s under a multi-year contract (SkyWest to acquire 11 used CRJ550s and convert 29 of its CRJ700 fleet to CRJ550s)SkyWest took delivery of nine E175 partner-financed aircraft under a previously announced agreement with United  ST. GEORGE, Utah--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) today reported financial and operating results for Q3 2024, including net income of $90 million, or $2.16 per diluted share, compared to net income of $23 million, or $0.55 per diluted share, for Q3 2023.Commenting on the results, Chip Childs, Chief Executive Officer of SkyWest, said, “Our ability to organically grow the number of available captains for the first three quarters of 2024 has opened up incremental growth vectors for us. We are making significant progress in recapturing underserv Show less Read more
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