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

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.)