SkyWest Q3 revenue rises on higher fleet utilization

SkyWest

30/10/2025 20:13

Overview

SkyWest Q3 2025 revenue rises 15% yr/yr to $1.1 bln, driven by strong demand

Net income for Q3 2025 increases to $116 mln from $90 mln in Q3 2024

SkyWest reaches multi-year contract extension with United Airlines for 40 CRJ200 aircraft

Outlook

SkyWest anticipates 74 E175 aircraft deliveries by the end of 2028

SkyWest secures purchase rights for 50 additional E175 aircraft

SkyWest plans fleet expansion with nearly 300 E175 aircraft by 2028

Result Drivers

FLEET UTILIZATION - Increased block hour production and higher fleet utilization contributed to revenue growth

CONTRACT EXTENSION - Multi-year contract extension with United Airlines for 40 CRJ200 aircraft supports future operations

OPERATING EFFICIENCIES - Operating efficiencies from higher fleet utilization partially offset increased expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$1.1 bln
Q3 EPS
$2.81
Q3 Net Income
$116.35 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "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 23.9% above its October 29 closing price of $96.61

Press Release: ID:nBwbFtq9ha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)