Loading...
•
Jun 30, 2024
SkyWest Q2 2024 Earnings Report
SkyWest reported a profitable second quarter in 2024, with increased revenue and net income compared to the same period last year.
Key Takeaways
SkyWest, Inc. reported a net income of $76 million, or $1.82 per diluted share, for Q2 2024, compared to a net income of $15 million, or $0.35 per diluted share, for Q2 2023. Revenue increased by 19% to $867 million. The company took delivery of eight E175 partner-financed aircraft and saw a 12% increase in block hour production.
Net income for Q2 2024 was $76 million, or $1.82 per diluted share.
Revenue for Q2 2024 increased by 19% to $867 million.
SkyWest took delivery of eight E175 aircraft under a previous agreement with United Airlines.
Block hour production increased by 12% compared to Q2 2023.
SkyWest
SkyWest
SkyWest Revenue by Segment
Revenue by Segment
Flying Agreements Revenue
CapyFin.comLease & Other Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income