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.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00022543
• 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:
  • ATW: Air Transport World
  • Volume: 42
  • Issue Number: 4
  • Publisher: Penton Media
  • ISSN: 0002-2543

Subject/Index Terms

• TRT Terms: Finance; Operations; Regional airlines; Regional jets
• Identifier Terms: SkyWest Airlines
• Subject Areas: Administration and Management; Aviation; Finance;

Filing Info

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