SKYWEST THRIVES ON THE ATKIN DIET

2005; De Gruyter; Volume: 42; Issue: 4 Linguagem: Inglês

ISSN

0002-2543

Autores

Sandra Arnoult,

Tópico(s)

Aviation Industry Analysis and Trends

Resumo

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.

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