SkyWest Q2 2021 Earnings Report
Key Takeaways
SkyWest, Inc. reported Q2 2021 financial results, including net income of $62 million, or $1.22 per diluted share, compared to a net loss of $26 million, or $0.51 per share, for Q2 2020. Revenue was $657 million in Q2 2021, up from $350 million in Q2 2020, or 88%.
Pre-tax income of $81 million, net income of $62 million, or $1.22 per diluted share
Secured an agreement with Alaska Airlines for nine E175 aircraft; eight aircraft were previously announced, one additional aircraft announced today
Secured an agreement with American Airlines for eleven additional used CRJ700s to be placed into service by mid-2023, resulting in a total 101 CRJ700s under agreement with American
Placed six used CRJ700 aircraft into service under a previously announced agreement with American
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SkyWest Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income