Strong Third Quarter Financial Performance
SkyWest reported a net income of $116 million or $2.81 per diluted share for Q3 2025, benefiting from strong demand and a seasonally strong third quarter.
Revenue Growth
Total Q3 revenue reached $1.1 billion, up from $1 billion in Q2 2025 and up 15% from $913 million in Q3 2024.
Fleet Expansion and Flexibility
SkyWest announced an agreement to purchase and operate 16 new E175s under a multiyear contract with Delta and secured delivery positions for 44 more E175s from 2028 to 2032.
Debt Reduction
The company ended Q3 with $2.4 billion in debt, down from $2.7 billion as of December 31, 2024, and generated nearly $400 million in free cash flow in the first three quarters of 2025.
CRJ200 Fleet Extension
SkyWest extended up to 40 CRJ200s with United into the 2030s, indicating strong demand and partnership confidence.