Utah-based SkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, reported a $50.5 million net profit for the 2017 second quarter, up 25.4% over $40.2 million net income in 2Q 2016. SkyWest’s second-quarter revenue increased 1.1% year-over-year (YOY) to $809.8 million while expenses fell 2% to $703.2 million, producing $106.6 million in operating profit, a 26.7% rise. “Our [2Q] results reflect strong production, solid operating performance and ...

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