SKYWEST THRIVES ON THE ATKIN DIET

SkyWest Airlines has grown from a single Piper Seneca in 1972 to one of the largest and most profitable regionals in the world. Revenues have more than tripled since 2000, and last year's after-tax profit was $82 million, up more than 20% over the previous year. It enjoys a strong balance sheet and is preliminary discussions with Delta over acquisitions of one or more of its subsidiaries. SkyWest is also looking for partnerships with low-cost carriers, such as operating in tandem with JetBlue, which ultimately decided to keep the operation in-house. A non-union workforce means it has more flexibility, with pilots agreeing to more open work rules. A large cash surplus makes it easier to acquire aircraft at favorable rates. It is also keeping an eye on potential competitors.

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  • Corporate Authors:

    Penton Media

    1300 E 9th Street
    Cleveland, OH  United States  44114-1503
  • Authors:
    • Arnoult, S
  • Publication Date: 2005-4

Language

  • English

Media Info

  • Features: Photos; Tables;
  • Pagination: p. 60-62
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00989453
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: May 3 2005 12:00AM