secwatch.observer — SEC 8-K summary
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Issuer:     SKYWEST INC (SKYW)
CIK:        0000793733
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001558370-23-016844
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWest Q3 net income $23M ($0.55 EPS) on revenue $766M; new 19-plane United E175 deal
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- Q3 2023 net income $23M vs $48M in Q3 2022; revenue $766M, down 3% YoY.
- Secured agreement with United Airlines for 19 new E175s; deliveries late 2024-2026.
- Repurchased 1.2M shares for $50M in Q3; 9.6M shares ($244M) YTD.
- Operating expenses $717M, up $3M; higher pilot pay partially offset by lower aircraft rent.
- Cash & marketable securities $820M at Sept 30, total debt $3.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793733/000155837023016844/0001558370-23-016844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793733/000155837023016844/skyw-20231026x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-016844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer