SkyWest Airlines 2011 Annual Report Download - page 56
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Atlantic Southeast’s operating results and 50 days of ExpressJet Delaware operating results. The 2009
amounts are the operating results of Atlantic Southeast only (dollar amounts in thousands).
2010 2009 $ Change % Change
Amount Amount Amount Percent
Operating Revenues:
SkyWest Airlines Operating Revenue ............ $1,904,472 $1,731,346 $173,126 10.0%
ExpressJet Operating Revenues ................ 855,095 880,846 (25,751) (2.9)%
Other Operating Revenues ................... 5,578 1,422 4,156 292.3%
Total Operating Revenues ...................... $2,765,145 $2,613,614 $151,531 5.8%
Airline Expenses:
SkyWest Airlines Expense .................... $1,813,406 $1,637,040 $176,366 10.8%
ExpressJet Expense ......................... 832,043 849,923 (17,880) (2.1)%
Other Airline Expense ....................... 4,387 786 3,601 (458.1)%
Total Airline Expense ......................... $2,649,836 $2,487,749 $162,087 6.5%
Segment profit:
SkyWest Airlines segment profit ................ $ 91,066 $ 94,306 $ (3,240) (3.4)%
ExpressJet segment profit .................... 23,052 30,923 (7,871) (25.5)%
Other profit .............................. 1,191 636 555 87.3%
Total Segment profit .......................... $ 115,309 $ 125,865 $ (10,556) (8.4)%
Interest Income ............................. 14,376 11,121 3,255 29.3%
Purchase accounting gain ...................... 15,586 — 15,586 N/M
Impairment on marketable securities .............. — (7,115) 7,115 (100.0)%
Other .................................... 630 1,862 (1,232) (66.2)%
Consolidated Income (Loss) before taxes ........... $ 145,901 $ 131,733 $ 14,168 10.8%
Operational Statistics. The following table sets forth our major operational statistics and the
associated percentages-of-change for the periods identified below.
Year Ended December 31,
2010 2009 % Change
Revenue passenger miles (000) ............. 20,227,220 17,448,958 15.9%
Available seat miles (‘‘ASMs’’) (000) ......... 25,503,845 22,142,650 15.2%
Block hours ........................... 1,547,562 1,363,257 13.5%
Departures ........................... 1,001,766 870,761 15.0%
Passengers carried ...................... 40,411,089 34,544,772 17.0%
Passenger load factor .................... 79.3% 78.8% 0.50 pts
Revenue per available seat mile ............ 10.8¢ 11.8¢ (8.5)%
Cost per available seat mile ............... 10.4¢ 11.2¢ (7.1)%
Fuel cost per available seat mile ............ 1.3¢ 1.8¢ (27.8)%
Average passenger trip length (miles) ........ 501 505 (0.8)%
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