SkyWest reported a net income of $120.3 million for the second quarter of 2025, improving from $75.6 million a year prior.
The company's operating revenues totalled $1bn, up from $867.1 million. Operating expenses totalled $865.1 million, up from $747.5 million. Operating income was $170.1 million, increasing from $119.6 million.
The results reflect improvements in captain availability, higher fleet utilisation, and strong demand. While the higher operating expenses were driven by the increase in flight production, this was partially offset by operating efficiencies.
“Demand for our product remains solid,” SkyWest president and CEO Chip Childs. “We believe we are well-positioned to deploy our capital for long-term growth and fleet opportunities, including service expansion in smaller communities and optimising our fleet to meet the demand for regional flying.”
During the company's earnings call, Childs said US President Donald Trump's potential tariffs on Brazil is not expected to change its 2025 production forecast.
“However, we are not willing to pay 50% tariffs on new aircraft deliveries,” said Childs.
The company expects 16 new E175 jets, which will replace 11 CRJ900s and five CRJ700s the company is currently flying under contract with Delta. Deliveries for these 16 jets are expected between 2027 and 2028.
During American Airlines' own earnings call, management aid the company was working with Embraer on its own deliveries and does not anticipate “any long-term issues”.
“We know that the Brazilian government is with the administration and Embraer,” American management said during the call. “There’s a tremendous amount of US-based content on those Embraer aircraft and there is a lot that goes into negotiating trade deals.”
Similarly, Childs said there is “a lot of cohesive philosophies” between SkyWest and Embraer in regard to tariffs. He said aircraft could be deferred in order to circumvent these possible tariffs.
SkyWest had placed a firm order for 60 E175 jets in June 2025.
Childs continued: “Our long-term fleet plan has positioned us well, and refleeting is an important part of that strategy. This order locks in delivery slots starting in 2027 through 2032. However, the order is structured with good flexibility to defer or terminate the aircraft. After we finish the Delta deliveries expected in 2028, our E175 fleet total will be nearly 300."
The company had emphasised its “fleet flexibility” throughout the call, adding that it will cushion them from some of the current supply chain and possible tariff challenges.
As of the end of the quarter, the company had $727 million in cash and marketable securities. Total debt was $2.5bn. Capital expenditures for the second quarter were $169 million for the purchase of two new E175 aircraft, four CRJ900 aircraft, spare engines, and other fixed assets.