SkyWest, Inc.·Industrials

Zacks.com users have recently been watching SkyWest (SKYW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

After Spirit Airlines vanished from the skies, its not-quite-sudden collapse raised questions about why the successful low-cost model, born in the U.S. airline industry, is failing.

Jet fuel prices have jumped far more than crude oil since fighting in Iran began, pressuring airlines like Delta Air Lines and forcing capacity cuts.

The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines for America President & CEO Chris Sununu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

The airline's abrupt shutdown upsets travelers across the country, and its staff.

SKYW boosts its fleet with major airline deals and supports shareholders through an expanded repurchase plan.
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company operates through two segment, SkyWest Airlines and SkyWest Leasing. It also leases regional jet aircraft and spare engines to third parties. As of December 31, 2021, the company's fleet consisted of 629 aircraft; and provided scheduled passenger and air freight services with approximately 2,080 total daily departures to various destinations in the United States, Canada, Mexico, and the Caribbean. In addition, it offers airport customer and ground handling services for other airlines. SkyWest, Inc. was incorporated in 1972 and is headquartered in St. George, Utah.
Industrials
Airlines, Airports & Air Services
12,876
1986-06-26
1.48