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SkyWest Q2 revenue, net income rise

ReutersJul 24, 2025 8:14 PM


Overview

  • SkyWest Q2 2025 revenue rises 19% yr/yr, driven by higher fleet utilization

  • Net income for Q2 2025 increases to $120 mln, from $76 mln year ago

  • Co had secured agreement to purchase 16 new E175 aircraft for Delta Air Lines


Outlook

  • SkyWest anticipates having nearly 300 E175 aircraft by end of 2028

  • Company plans to expand service in smaller communities

  • SkyWest sees strong demand for regional flying


Result Drivers

  • BLOCK HOUR PRODUCTION - SkyWest's Q2 2025 block hour production increased by 19% compared to Q2 2024

  • FLEET UTILIZATION - Higher utilization of SkyWest's fleet contributed to increased revenue and operating efficiencies

  • AIRCRAFT AGREEMENT - SkyWest had secured an agreement to purchase and operate 16 new E175 aircraft for Delta Air Lines, replacing older models and optimizing fleet utilization


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Operating Revenue

$1.04 bln

Q2 EPS

$2.91

Q2 Net Income

$120.27 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the airlines peer group is "buy"

  • Wall Street's median 12-month price target for SkyWest Inc is $127.00, about 10.7% above its July 23 closing price of $113.46

  • The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBwRWNqDa

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