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SkyWest Sept. Traffic Up 6.9%

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SkyWest Inc. (SKYW: Quote) on Friday said combined traffic for SkyWest Airlines and ExpressJet Airlines for September increased 6.9 percent while capacity rose 7.3 percent.

SkyWest said the combined airlines generated traffic of 2.58 billion revenue passenger miles, or RPMs, up 6.9 percent from 2.41 billion RPMs last year.

Capacity increased to 3.22 billion available seat miles, or ASMs from 3.00 billion ASMs last year.

Load factor decreased to 79.9 percent from 80.2 percent last year.

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by RTT Staff Writer

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After ending the previous session mostly higher, stocks may see some further upside in early trading on Wednesday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 17 points. The Bank of Spain on Wednesday boosted its growth projections for Spain this year and the next after the economy grew at a faster rate in the second quarter. In its monthly economic bulletin, the bank raised the growth forecast for this year to 1.3 percent from the 1.2 percent seen previously. The projection for the next year was lifted to 2 percent from 1.7 percent. Bank of England policymakers unanimously decided to maintain the key interest rate and quantitative easing at the meeting held on July 9 and 10, but signaled the possibility of a rate hike late this year as growth became more established.
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