SkyWest swings to $60 million profit in first quarter

SkyWest, an American regional airline that operates flights scheduled, marketed, and sold by its partner airlines, swung to a profit in the first quarter of the year with its net income at $60.3 million. In the same period last year, it had reported a net loss of $22 million. Its basic earnings per share for the quarter was $1.50 per share, up from its 45 cents loss per share in the first quarter 2023. Its total operating revenues for the first quarter was $803.6 million, up from $691.8 million in the same period. It ended the first quarter with a