SkyWest reveals second quarter 2018 profit

During the second quarter of 2018, SkyWest reported net income of $76 million, or $1.43 per diluted share, up from $50 million or $0.95 per diluted share in Q2 2017. The airline’s pre-tax income was $98 million, up 21% from $81 million in the year-ago period. Revenue was $806 million in Q2 2018, up from $792 million in Q2 2017. The increase in revenue included the net impact of adding 23 new E175 aircraft and other economic improvements within SkyWest’s fleet mix since Q2 2017, partially offset by the removal of unprofitable or less-profitable aircraft over the same period. Operating