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SkyWest (SkyWest) Fuel Expense for Airlines (USD Mil) : 21.16 (As of Mar. 2024)


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What is SkyWest Fuel Expense for Airlines (USD Mil)?

Fuel Expense for Airlines (USD Mil) are one of the largest, most variable airline expenses. A high fuel expense may reduce the profit of the airlines.

SkyWest's Fuel Expense for Airlines (USD Mil) for the quarter that ended in Mar. 2024 was 21.16 , which lower from pervious quarter (Dec. 2023)'s result by 9.32%.

SkyWest's Fuel Expense for Airlines (USD Mil) for the annual that ended in Dec. 2023 was 85.91 , which lower from pervious year (Dec. 2022)'s result by 20.79%.

The historical rank and industry rank for SkyWest's Fuel Expense for Airlines (USD Mil) or its related term are showing as below:

SKYW's Fuel Expense for Airlines (USD Mil) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Fuel Expense for Airlines (USD Mil) only.

SkyWest's Average Fuel Price per Gallon for the annual that ended in Dec. 2023 was 3.70 , which lower from pervious year (Dec. 2022)'s result by 10.63%.


SkyWest Fuel Expense for Airlines (USD Mil) Historical Data

The historical data trend for SkyWest's Fuel Expense for Airlines (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SkyWest Fuel Expense for Airlines (USD Mil) Chart

SkyWest Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Fuel Expense for Airlines (USD Mil)
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Passenger Revenue (USD Mil)
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Revenue Passengers Carried #
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SkyWestQuarterly Data
Trend Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Fuel Expense for Airlines (USD Mil)
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Passenger Revenue (USD Mil)
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Revenue Passengers Carried #
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Competitive Comparison of SkyWest's Fuel Expense for Airlines (USD Mil)

For the Airlines subindustry, SkyWest's Fuel Expense for Airlines (USD Mil), along with its competitors' market caps and Fuel Expense for Airlines (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SkyWest  (NAS:SKYW) Fuel Expense for Airlines (USD Mil) Explanation

Fuel Expense for Airlines (USD Mil) are one of the largest, most variable airline expenses. It is affected by Fuel Consumed for Airlines (MGal) and Average Fuel Price per Gallon. An excessive Average Fuel Price per Gallon may adversely affect the company's profits by increasing the fuel expense.


SkyWest Fuel Expense for Airlines (USD Mil) Related Terms

Thank you for viewing the detailed overview of SkyWest's Fuel Expense for Airlines (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


SkyWest (SkyWest) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SkyWest Inc (NAS:SKYW) » Definitions » Fuel Expense for Airlines (USD Mil)
Traded in Other Exchanges
Address
444 South River Road, St. George, UT, USA, 84790
SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through major airlines. It partners with major global carriers to fly and operate aircraft for a fee. SkyWest may use the major carriers' brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines and SkyWest Leasing.
Executives
James L Welch director 5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Robert J Simmons officer: Chief Financial Officer C/O SKYWEST, INC., 444 SOUTH RIVER ROAD, SAINT GEORGE UT 84790
Jerry C Atkin director, officer: Chairman, President and CEO 684 S OAKRIDGE DRIVE, PINE VALLEY UT 84781
Wade J Steel officer: Executive Vice President 1847 VIEW POINT CIRCLE, SANTA CLARA UT 84765
Russell A Childs officer: Pres. & COO of SkyWest Airline 444 SOUTH RIVER ROAD, ST GEORGE UT 84790
Henry J Eyring director
Eric Woodward officer: Chief Accounting Officer 444 SOUTH RIVER ROAD, ST. GEORGE UT 84790
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708
Greg Wooley officer: Exec VP Operations C/O SKYWEST INC., 444 S. RIVER RD, ST. GEORGE UT 84790
W Steve Albrecht director 3901 NO FIRST ST, SAN JOSE CA 95134
Michael S Thompson officer: Chief Operating Officer, other: Skwest Airlines 2311 S COYOTE LOOP, WASHINGTON UT 84780
Terry Vais officer: Chief Commercial Officer 251 HIGHWOODS PKWY, NEWNAN GA 30265
Andrew C Roberts director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Meredith R. Siegfried director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Alexandria Panot Marren officer: COO of ExpressJet Airlines 444 S. RIVER ROAD, ST. GEORGE UT 84790

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