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SkyWest, Inc. operates as a regional airline providing scheduled passenger services across the United States, Canada, and Mexico. The company partners with major airlines such as United Airlines, Delta Air Lines, American Airlines, and Alaska Airlines under code-share agreements to deliver regional flying services. SkyWest also engages in leasing activities and offers on-demand charter services.
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SkyWest Airlines and SWC - Operates regional flights under code-share agreements with major airlines, managing scheduling, ticketing, and pricing under capacity purchase and prorate agreements.
- Scheduled Passenger Services - Provides daily departures for United Express, Delta Connection, American Eagle, and Alaska Airlines.
- Charter Services - Offers on-demand charter flights using CRJ200 aircraft configured for 30 seats.
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SkyWest Leasing - Manages the leasing of regional aircraft to airline partners, supporting their operational needs.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Russell A. Childs ExecutiveBoard | Chief Executive Officer (CEO) and President | Chair of the Federal Reserve Bank of San Francisco; Intermountain Health Desert Region Board Vice Chair; Chair of the Regional Airline Association; Chair of the NextGen Advisory Committee of the FAA | Russell A. Childs has served as President of SkyWest, Inc. since 2014 and as Chief Executive Officer (CEO) since January 1, 2016. He joined the company in 2001 as Vice President – Controller and later served as President and Chief Operating Officer of SkyWest Airlines from 2007 to 2014. | View Report → |
Eric J. Woodward Executive | Chief Accounting Officer | Eric J. Woodward has been serving as the Chief Accounting Officer at SkyWest since May 2011, where he oversees financial accounting practices and internal controls. He previously served as Vice President – Controller from April 2007 to May 2011 and held various other roles from April 2004 to April 2007. | ||
Greg S. Wooley Executive | Executive Vice President Operations | Greg S. Wooley is the Executive Vice President Operations at SkyWest Airlines, a role he assumed in October 2020. Previously, he began his career at SkyWest as Vice President – Airport Operations in September 2019 and held leadership roles at ExpressJet Airlines starting in 2016. | ||
Robert J. Simmons Executive | Chief Financial Officer (CFO) | Robert J. Simmons is the Chief Financial Officer (CFO) of SkyWest, Inc., responsible for areas including information technology, human resources, risk management, finance, accounting, treasury, and investor relations since March 2015. Previously, he was a Partner at Bendigo Partners, LLC from 2009 until March 2015. | ||
Wade J. Steel Executive | Chief Commercial Officer | Board Member at Contour Airlines; Board Member at Saint George Regional Hospital | Wade J. Steel has been the Chief Commercial Officer at SkyWest since March 2015, where he oversees commercial strategy and key airline partnerships. Previously, he held financial leadership roles at SkyWest starting as Director of Financial Planning and Analysis in March 2007 and later as Vice President – Controller in 2011. | |
Derek J. Leathers Board | Director | Chairman and Chief Executive Officer of Werner Enterprises, Inc. | Derek J. Leathers has served as a Director at SKYW since 2024, actively contributing to key board committees including the Audit, Nominating and Corporate Governance, and Safety and Compliance Committees. He is also the Chairman and Chief Executive Officer of Werner Enterprises, Inc., bringing over 25 years of transportation and logistics experience. | |
James L. Welch Board | Board Chair | Board member at Schneider National; Board member at Stericycle | James L. Welch has been a director at SKYW since 2007 and was appointed Board Chair effective as of the 2024 Annual Meeting of Shareholders. He also serves as the Lead Independent Director and chairs key committees at SKYW, and previously held executive roles at Yellow Transportation, JHT Holdings, Dynamex, Inc., and YRC Worldwide. | |
Keith E. Smith Board | Director | President and CEO of Boyd Gaming Corporation | Keith E. Smith has served as a director at SkyWest, Inc. (SKYW) since 2013 , and is the President and CEO of Boyd Gaming Corporation since 2008. | |
Meredith S. Madden Board | Director | CEO of The NORDAM Group LLC | Meredith S. Madden has served as a Director at SKYW since 2015, holding significant board committee roles such as Chair of the Safety and Compliance Committee, and member of both the Compensation Committee and the Nominating and Corporate Governance Committee. Outside of SKYW, she has been the CEO of The NORDAM Group LLC since 2011. | |
Ronald J. Mittelstaedt Board | Director | Independent Director at Pye-Barker Fire & Safety, LLC; Independent Director and Chair of the Audit Committee at Pride Industries, Inc.; Independent Director at Teichert, Inc. | Ronald J. Mittelstaedt has been a Director at SkyWest, Inc. since 2013, serving as Chair of the Compensation Committee and a member of the Nominating and Corporate Governance and Safety and Compliance Committees. Previously, he held executive roles at Waste Connections, Inc., including Founder, Chair, CEO, and Executive Chairman. | |
Smita Conjeevaram Board | Director | Director and Audit Committee Chair at SS&C Technologies, Inc. ; Director at McGrath Rentcorp ; Director at WisdomTree Investments, Inc. | Smita Conjeevaram has been a Director at SkyWest, Inc. since 2021 and serves on key committees including the Audit, Compensation, Nominating & Corporate Governance, and Safety & Compliance Committees. She brings over 25 years of finance experience, including her tenure as CFO of Fortress Investment Group's Credit Hedge Funds. |
- Based on your extension with American Airlines, can you detail how the economic terms and fleet allocation differ from the previous contract, and what risks might arise if market conditions change over the long term?
- With your 12% block hour growth projection, can you break down the contribution from contract pro rate versus charter operations, and explain what potential challenges could limit further gains in each segment?
- As you continue to deleverage and improve liquidity, what specific target leverage ratios are you aiming for, and how might this influence the pace and financing structure of your future aircraft acquisitions?
- Considering the persistent MRO supply chain challenges affecting fleet availability, what concrete actions are you taking to mitigate rising maintenance expenses and ensure these issues don’t negatively impact operating performance?
- In light of your renewed focus on Essential Air Service and commuter authority reengagement, how do you see regulatory changes and increased competition in underserved markets impacting your long-term service restoration and growth strategy?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Air Wisconsin Airlines Corporation | The company competes principally with other regional airlines, including this competitor, in the highly competitive airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
Endeavor Air, Inc. | This competitor is owned by Delta and is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
Envoy Air Inc. | This competitor is owned by American and is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
PSA Airlines, Inc. | This competitor is owned by American and is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
Piedmont Airlines | This competitor is owned by American and is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
Horizon Air Industries, Inc. | This competitor is owned by Alaska Air Group, Inc. and is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
GoJet Airlines, LLC | This competitor is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
This competitor is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. | |
Republic Airways Holdings Inc. | This competitor is one of the primary competitors in the regional airline industry. The competition includes nearly every other domestic regional airline, and major airlines typically award code-share flying agreements to regional airlines based on various criteria such as ability to fly contracted schedules, availability of labor resources, low operating cost, financial resources, geographical infrastructure, customer service levels, and overall image of the regional airline. |
The company indirectly faces competition from low-cost carriers, including this competitor, who compete with major airline partners on many routes operated by the company. Certain competitors, including wholly-owned regional airline subsidiaries of major airline partners, may have access to significantly greater financial and other resources. | |
The company indirectly faces competition from low-cost carriers, including this competitor, who compete with major airline partners on many routes operated by the company. Certain competitors, including wholly-owned regional airline subsidiaries of major airline partners, may have access to significantly greater financial and other resources. | |
Spirit | The company indirectly faces competition from low-cost carriers, including this competitor, who compete with major airline partners on many routes operated by the company. Certain competitors, including wholly-owned regional airline subsidiaries of major airline partners, may have access to significantly greater financial and other resources. |
The company indirectly faces competition from low-cost carriers, including this competitor, who compete with major airline partners on many routes operated by the company. Certain competitors, including wholly-owned regional airline subsidiaries of major airline partners, may have access to significantly greater financial and other resources. | |
Breeze | The company indirectly faces competition from low-cost carriers, including this competitor, who compete with major airline partners on many routes operated by the company. Certain competitors, including wholly-owned regional airline subsidiaries of major airline partners, may have access to significantly greater financial and other resources. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Corporate Flight Management, Inc. d/b/a Contour Airlines | 2024 | Investment Details: SkyWest invested $9.9 million in December 2023 for a 9.9% stake and later an additional $15.1 million to raise its ownership to 25% by March 31, 2024. Strategic Fit: The deal includes a board seat (20% representation) and an asset provisioning agreement for CRJ airframes, engines, and parts, with the investment accounted for under the equity method to monetize CRJ assets and help pipeline pilot supply. |
Eve Holding, Inc. | 2022 |
Recent press releases and 8-K filings for SKYW.
- Earnings Performance: GAAP net income of $101 million and EPS of $2.42 in Q1 2025, reflecting solid profitability despite macroeconomic uncertainty
- Revenue Growth: Revenue reached $948 million, up 18% YoY, with block hour production rising 22% compared to Q1 2024
- Capital Management: Executed share repurchase of 141,000 shares at an average price of $97.27 (totaling $14 million)
- Financial Strength: Reduced debt to $2.6 billion and generated over $140 million in free cash flow during Q1 2025
- Strategic Fleet Initiatives: Secured a multi-year contract extension with Delta Air Lines for 5 CRJ700 and 11 CRJ900 aircraft, and plans to add 16 new E175s by the end of 2026
- Reported Q4 GAAP net income of $97 million (EPS of $2.34) and full year net income of $323 million (EPS of $7.77), demonstrating significant year-over-year improvement
- Achieved Q4 revenue of $944 million, up 26% from Q4 2023, driven by higher flight production and improved operational metrics
- Completed a share repurchase of 47,000 shares for $4.9 million, with $48 million still available under the buyback program
- Announced a multiyear contract extension with American Airlines to operate 74 CRJ700s through the end of the decade, maintaining similar economics as prior agreements
- Invested $186 million in Q4 CapEx and outlined plans for 16 new E175 deliveries (8 in 2025; 8 in 2026) to expand the fleet to 278 aircraft by the end of 2026
- Noted operational improvements with block hours up by over 5% QoQ and a forecasted 12% increase in block hours for 2025, approaching pre-COVID levels