Revenues up, profits down for SkyWest, new Delta rates begin to show
SkyWest Inc’s operating revenues rose to USD686.9 million in the third quarter, up nearly US49.1 million but net income declined USD3 million to USD25.5 million as it agreed on new rates for its Delta Connection flying mostly at subsidiary Atlantic Southeast Airlines which cost the company nearly USD5 million in revenues. The increased revenues partially came from a 5.4% increase in block hours resulting from 20 more aircraft.
