SkyWest Inc. reported revenue of $1.1 billion for the third quarter of 2025, an increase of 15% from $913 million in the third quarter of 2024. Net income for the third quarter of 2025 was $116 million, or $2.81 per diluted share, compared to $90 million, or $2.16 per diluted share, in the same period last year. Operating income rose to $174 million in the third quarter of 2025, up 33% from the previous year. Operating expenses were $876 million, up 12% from $781 million in the third quarter of 2024. As of September 30, 2025, SkyWest held $753 million in cash and marketable securities, down from $802 million at the end of 2024. Total debt decreased to $2.4 billion from $2.7 billion at December 31, 2024. Capital expenditures for the quarter were $122 million. The company repurchased 244,000 shares of common stock for $26.6 million during the third quarter of 2025. SkyWest extended a multi-year contract with United Airlines for up to 40 CRJ200 aircraft. The company also outlined anticipated future deliveries of E175 aircraft, including 3 for United in the fourth quarter of 2025 and additional deliveries scheduled through 2028 and beyond.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SkyWest Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251030987121) on October 30, 2025, and is solely responsible for the information contained therein.
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