SkyWest swings to $118m 2015 net profit
SkyWest, the parent of regional carriers SkyWest Airlines and ExpressJet Airlines, earned a net profit of $117.8m for the full-year 2015, reversed from a net loss of $24.2m in 2014. The regional airline operator credited the improved earnings on its continued shift from an emphasis on flying 50-seat aircraft to flying dual-class 76-seat aircraft (Bombardier CRJ700s/900s and Embraer E175s). SkyWest CEO Chip Childs said the company’s fleet will be 50% dual-class aircraft by the end of 2017 compared to 38% currently.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-08/unaligned/skywest-swings-to-118m-2015-net-profit
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SkyWest swings to $118m 2015 net profit
SkyWest, the parent of regional carriers SkyWest Airlines and ExpressJet Airlines, earned a net profit of $117.8m for the full-year 2015, reversed from a net loss of $24.2m in 2014. The regional airline operator credited the improved earnings on its continued shift from an emphasis on flying 50-seat aircraft to flying dual-class 76-seat aircraft (Bombardier CRJ700s/900s and Embraer E175s). SkyWest CEO Chip Childs said the company’s fleet will be 50% dual-class aircraft by the end of 2017 compared to 38% currently.<br/>