secwatch.observer — SEC 8-K summary
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Issuer:     SKYWEST INC (SKYW)
CIK:        0000793733
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001558370-25-005406
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWest Q1 net income $101M ($2.42 EPS) vs $60M YoY; revenue up 18% to $948M
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- Pre-tax income $121M; net income $101M includes $10M tax benefit ($0.24 per share).
- Revenue $948M (+18% YoY); block-hour production up 22% versus Q1 2024.
- Multi-year contract extension with Delta for five CRJ700 and 11 CRJ900 aircraft.
- Repurchased 141k shares for $13.7M at avg $97.27; $34M remaining authorization.
- Q1 capex $73M for four CRJ550 aircraft, spare engines, and other assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793733/000155837025005406/0001558370-25-005406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793733/000155837025005406/skyw-20250424x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-005406

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