SkyWest, Inc. Announces Second Quarter 2015 Results

ST. GEORGE, Utah, July 30, 2015 / -- SkyWest, Inc. ("SkyWest") (SKYW) today reported financial and operating results for the quarter ended June 30, 2015. 

SkyWest generated $31.5 million of net income for Q2 2015, or $0.61 per diluted share.  This represents an improvement of $46.2 million from Q2 2014, which had a net loss of $(14.7) million, or $(0.29) per diluted share.  Operating income for Q2 2015 was $70 million, which represents SkyWest's best quarterly operating income since 2008.

SkyWest reported $41 million of net income for the first half of 2015, or $0.79 per diluted share, a $79 million improvement compared to the first half of 2014 which had a net loss of $(38) million, or $(0.73) per diluted share.

Published: 31 July 2015
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Nasdaq Welcomes Virgin America Inc. (Nasdaq: VA) to The Nasdaq Stock Market

NEW YORK, Nov. 14, 2014 -- Nasdaq (NDAQ) announced that trading of Virgin America Inc. (VA), a San Francisco, California-based airline, commenced on The Nasdaq Stock Market on November 14, 2014.

Virgin America is a premium airline known for its upscale decor, amenities and low fares. The company operates primarily from Los Angeles and San Francisco to other major destinations in North America and Mexico. Virgin America provides customers with a distinct flying experience through its mood-lit cabins, three classes of service and innovative fleet-wide amenities including touch-screen personal entertainment, WiFi and power outlets at every seat.

Published: 14 November 2014
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Air Canada Reports March Traffic Results and Provides Updates for the First Quarter and Full Year 2014

For the month of March, Air Canada reported a system wide traffic growth of 1.4 per cent on a capacity increase of 3.6 per cent. Air Canada's system load factor was 81.7 per cent, versus 83.5 per cent in March 2013, a decrease of 1.8 percentage points. Air Canada reports traffic results on a system-wide basis, including Air Canada rougeTM, which began operations on July 1, 2013, and regional airlines from which Air Canada purchases capacity.

"I am pleased to report solid traffic growth and a load factor of 81.7 per cent for the month of March," said Calin Rovinescu, President and Chief Executive Officer.  "For the month, traffic grew overall by 1.4 per cent led by the U.S. transborder market, and for the quarter traffic grew 2.9 per cent with increases in all markets Air Canada serves.

Published: 04 April 2014
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Air Canada Reports Record Second Quarter 2013 Results

Highest Adjusted Net Income, Operating Income and EBITDAR Results for Second Quarter in Air Canada's History

  • Adjusted net income of $115 million versus an adjusted net loss of $7 million in the second quarter of 2012, an improvement of $122 million
     
  • Operating income of $174 million versus operating income of $63 million in the second quarter of 2012, an improvement of $111 million
     
  • EBITDAR (earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent) of $385 million versus EBITDAR of $312 million in the second quarter of 2012, an improvement of $73 million
    Published: 07 August 2013
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WestJet reports record second quarter net earnings

Airline achieves earnings per share of $0.34, up 10 per cent

WestJet (TSX:WJA.TO ) today announced its 33rd consecutive quarter of profitability, with record second quarter net earnings of $44.7 million, or $0.34 per diluted share. This compares with the net earnings of $42.5 million, or $0.31 per diluted share reported in the second quarter of 2012. These results include $8.4 million of one-time pre-tax transition costs associated with WestJet's business transformation initiative. Based on the trailing twelve months, the airline achieved a return on invested capital of 14.4 per cent, up from the 14.3 per cent reported in the previous quarter.

Published: 30 July 2013
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