---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-000760"
form_type: "8-K"
ticker: "SKYW"
cik: "0000793733"
company_name: "SKYWEST INC"
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T12:02:11.911841+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SkyWest Q4 net income $4M, full-year adjusted EPS $3.46; expects 2022 block hours down 10-15%

## Summary
- Q4 net income $4M ($0.09 diluted EPS) vs net loss $46M ($0.93 loss) in Q4 2020.
- FY2021 net income $112M ($2.20 EPS); adjusted net income $176M ($3.46 EPS) ex $84M impairment.
- Revenue $777M (+32% YoY); block hours up 30% from Q4 2020.
- Cash & marketable securities $860M; total debt $3.1B; capex $304M in Q4 for aircraft.
- Expects 2022 block hours down ~10-15% due to staffing; plans to add 47 E175s in 2022-23.

## SEC filing metadata
- accession: 0001558370-22-000760
- form_type: 8-K
- ticker: SKYW
- cik: 0000793733
- company_name: SKYWEST INC
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793733/000155837022000760/0001558370-22-000760-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793733/000155837022000760/skyw-20220203x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-000760
- JSON: https://secwatch.observer/filing/0001558370-22-000760.json
- Plain text: https://secwatch.observer/filing/0001558370-22-000760.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.