Manufacturing Industry
SkyWest reports Q4 figures
Airline Industry Information, Feb 10, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
SkyWest Inc, a US regional carrier, has reported a 23.3% increase in capacity and lower operating expenses for the fourth quarter of 2004.
According to the airline its net income increased to USD21.2m from USD17.5m year-on-year. SkyWest also reported that its revenue increased by 37.6% to USD326.7m from USD237.5m in the fourth quarter of 2003. The increase was due to a 28.3% rise in available seat miles and increased fuel cost reimbursements by the company's major partners, The Associated Press reported.
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