SkyWest, Inc. (NASDAQ: SKYW), a leading regional airline in North America, has announced its financial results for the third quarter of 2024, reporting a 10% increase in revenue, reaching $1.1 billion. This growth is attributed to a surge in passenger demand and enhanced operational efficiency.
SkyWest Airlines, a regional U.S. carrier, has entered a multi-year agreement with United Airlines to bolster its fleet with 40 CRJ550 aircraft. This deal includes SkyWest acquiring 11 used CRJ550s and converting 29 of its existing CRJ700s to the CRJ550 configuration, an industry-first regional jet model tailored to provide a spacious, enhanced passenger experience. Additionally,…
Alaska Air Group has reported its financial results for the third quarter ending September 30, 2024, showcasing a strong performance that positions the company at the forefront of the airline industry. The company achieved a GAAP pretax margin of 10.7% and earnings per share (EPS) of $1.84. Excluding special items and mark-to-market fuel hedge accounting…
UK-based Falko Regional Aircraft has completed the acquisition of 11 Embraer E-Jets from Nordic Aviation Capital (NAC) of Ireland. This transaction, part of a sale and purchase agreement initially signed in March 2024, includes E175, E190, and E195 models. These regional jets are currently leased to LOT Polish Airlines, a key operator in Europe’s regional…
Mesa Air Group, a US-based regional airline, has announced an extension and increase in its block-hour rate under its current Capacity Purchase Agreement (CPA) with United Airlines.
