SkyWest Q3 net income rises to $90 million, or $2.16 per diluted share
SkyWest reported third quarter 2024 net income of $90 million, or $2.16 per diluted share, compared with $23 million, or $0.55 per diluted share, a year earlier. Revenue rose 19% to $913 million, and the company said it reached an agreement with United Airlines to place 40 CRJ550 aircraft under a multi-year contract.
Key points
- Q3 2024 revenue was $913 million, up $147 million, or 19%, from $766 million in Q3 2023.
- Q3 2024 net income was $90 million, or $2.16 per diluted share, versus $23 million, or $0.55 per diluted share, in Q3 2023.
- SkyWest agreed with United Airlines to place 40 CRJ550s under a multi-year contract, including 11 used CRJ550s to be acquired.
- SkyWest repurchased 217,000 shares for $16.3 million in Q3 2024 and had $53 million of remaining repurchase availability as of September 30, 2024.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.