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SKYWEST INC 8K

0001104659-26-086251

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SkyWest, Inc. reported Q2 2026 earnings and announced new E175 purchase/flying agreements plus a $250 million expansion of its stock repurchase program as part of its ongoing fleet and capital allocation strategy.

On July 23, 2026, SkyWest, Inc. reported its financial results for the second quarter of 2026, announcing net income of $101 million on $1.1 billion of revenue, alongside a 5% year-over-year increase in block hours and higher operating expenses driven partly by increased fuel costs in its prorate business; the company disclosed new commercial and capital allocation actions, including an agreement to purchase and operate 11 new Embraer E175 aircraft under a multi-year flying contract with American Airlines (replacing 11 CRJ700s), ongoing E175 deliveries for United and other partners, and its Board’s approval of a $250 million increase to the existing stock repurchase program after repurchasing $150 million of stock in the first half of 2026, while providing an updated E175 delivery schedule through 2028 and indicating it expects to operate approximately 300 E175s by the end of 2027 under its fleet growth and renewal initiatives.

Filing Facts

CIK
793733
Ticker
-
Form
8K
Source Type
sec
Accession
0001104659-26-086251
Alert Tier
7
SKYWEST INC 8K | ATTN