Skywest Inc operating profit up 6% in 3Q2019

    SkyWest Inc reported (30-Oct-2019) the following financial highlights for the three months ended 30-Sep-2019:

    • Operating revenue: USD760.3 million, -8.3% year-on-year;
      • Flying agreements: USD738.8 million, -9.5%;
      • Airport customer service and other: USD21.5 million, +62.3%;
    • Operating costs: USD613.9 million, -11.2%;
      • Labour: USD251.4 million, -16.6%;
      • Aircraft maintenance, materials and repairs: USD133.5 million, -6.2%;
      • Fuel: USD31.1 million, +2.7%;
    • Operating profit: USD146.4 million, +6.2%;
    • Net profit: USD91.3 million, +10.0%;
    • Total assets: USD6598 million;
      • Cash and marketable securities: USD571.5 million;
    • Total liabilities: USD4481 million.