SkyWest: SkyWest, Inc. Announces Fourth Quarter and Annual 2024 Profit Fourth Quarter and Annual 2024 Summary

ST. GEORGE, Utah-SkyWest, Inc. (NASDAQ: SKYW) ('SkyWest') today reported financial and operating results for Q4 2024, including net income of $97 million , or $2.34 per diluted share, compared to net income of $18 million , or $0.42 per diluted share, for Q4 2023. SkyWest also reported net income of $323 million , or $7.77 per diluted share, for the 2024 year, compared to net income of $34 million , or $0.77 per diluted share, for the 2023 year. * Q4 2024 pre-tax income of $134 million , net income of $97 million , or $2.34 per diluted share * Full year 2024 pre-tax income of $432 million , net income of $323 million , or $7.77 per diluted share * SkyWest reached a multi-year contract extension with American Airlines that allows for a total of 74 CRJ700s under agreement * SkyWest took delivery of four new E175 aircraft under a previously announced agreement with United Commenting on the results, Chip Childs , Chief Executive Officer of SkyWest, said, 'We are honored to be named one of the World's Most Admired Companies for 2025 by Fortune Magazine and pleased that our operational momentum continues. We are continuing to make improvements in returning daily scheduled service to smaller communities, increasing the utilization and efficiency of all fleet types, and quickly placing new aircraft deliveries into service. I want to thank the SkyWest team for their exceptional teamwork as we continue to execute on these growth opportunities, including progress with expanding our CRJ550 and E175 fleets.' Financial Results https://inc.skywest.com/assets/Uploads/PressReleases/SKYW-Q4-2024-Earnings-Release.pdf CONTACT: Investor Relations 435.634.3200 Investor.relations@skywest.com Corporate Communications 435.634.3553 corporate.communications@skywest.com (C) 2025 Electronic News Publishing, source ENP Newswire ST. GEORGE, Utah-SkyWest, Inc. (NASDAQ: SKYW) ('SkyWest') today reported financial and operating results for Q4 2024, including net income of $97 million , or $2.34 per diluted share, compared to net income of $18 million , or $0.42 per diluted share, for Q4 2023. SkyWest also reported net income of $323 million , or $7.77 per diluted share, for the 2024 year, compared to net income of $34 million , or $0.77 per diluted share, for the 2023 year. * Q4 2024 pre-tax income of $134 million , net income of $97 million , or $2.34 per diluted share * Full year 2024 pre-tax income of $432 million , net income of $323 million , or $7.77 per diluted share * SkyWest reached a multi-year contract extension with American Airlines that allows for a total of 74 CRJ700s under agreement * SkyWest took delivery of four new E175 aircraft under a previously announced agreement with United Commenting on the results, Chip Childs , Chief Executive Officer of SkyWest, said, 'We are honored to be named one of the World's Most Admired Companies for 2025 by Fortune Magazine and pleased that our operational momentum continues. We are continuing to make improvements in returning daily scheduled service to smaller communities, increasing the utilization and efficiency of all fleet types, and quickly placing new aircraft deliveries into service. I want to thank the SkyWest team for their exceptional teamwork as we continue to execute on these growth opportunities, including progress with expanding our CRJ550 and E175 fleets.' Financial Results https://inc.skywest.com/assets/Uploads/PressReleases/SKYW-Q4-2024-Earnings-Release.pdf CONTACT: Investor Relations 435.634.3200 Investor.relations@skywest.com Corporate Communications 435.634.3553 corporate.communications@skywest.com (C) 2025 Electronic News Publishing, source ENP Newswire