SkyWest Q4 2021 Earnings Report
Key Takeaways
SkyWest reported a net income of $4 million, or $0.09 per diluted share, for Q4 2021, compared to a net loss of $46 million, or $0.93 loss per share, for Q4 2020. The company's financial results improved from 2020 due to the flying demand recovery from COVID-19.
Q4 2021 Pre-tax income of $5 million, net income of $4 million, or $0.09 per diluted share
Full year 2021 pre-tax income of $151 million, net income of $112 million, or $2.20 per diluted share
Full year 2021 adjusted pre-tax income of $235 million, adjusted net income of $176 million, or $3.46 per diluted share, excluding a non-cash impairment charge in Q3 2021
Partnered with Eve Air Mobility, an Embraer company (“Eve”), including an option to purchase up to 100 electric vertical takeoff and landing aircraft (“eVTOL”)
SkyWest
SkyWest
SkyWest Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income