Financial Data and Key Metrics Changes - SkyWest reported a net income of $120 million or $2.91 per diluted share for Q2 2025, reflecting higher production and strong demand [4][11] - Total revenue for Q2 was $1 billion, up 9% from $948 million in Q1 2025 and up 19% from $867 million in Q2 2024 [11][12] - Contract revenue was $842 million in Q2, up from $785 million in Q1 and $731 million in Q2 2024 [11] - Cash at the end of Q2 was $727 million, down from $751 million last quarter and $834 million at Q2 2024 [13][14] - Free cash flow generated in the first half of 2025 was over $200 million, including $68 million in Q2 [14] Business Line Data and Key Metrics Changes - Pro rate and charter revenue was $145 million in Q2, up from $131 million in Q1 and $107 million in Q2 2024 [12] - Leasing and other revenue was $47 million in Q2, up from $32 million in Q1 2025 and $29 million in Q2 2024 [12] - Q2 completed block hours were up 7% compared to Q1 2025, with a projected 14% increase in block hours for 2025 compared to 2024 [25] Market Data and Key Metrics Changes - Demand for air travel in small and mid-sized communities remains exceptionally strong, with no replacement for face-to-face connections facilitated by air travel [4][8] - The company anticipates a 2% increase in Q3 block hours compared to Q2, with a return to seasonal block hour patterns expected [25] Company Strategy and Development Direction - SkyWest announced an agreement to purchase and operate 16 new E175s under a multi-year contract with Delta, with deliveries expected to begin in 2027 [6][19] - The company is focused on restoring service to underserved communities, redeploying its existing fleet, and preparing for future aircraft deliveries [9][15] - SkyWest aims to maintain fleet flexibility and has secured delivery slots for 44 additional E175s from 2028 to 2032 [6][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position despite macroeconomic uncertainties, emphasizing strong relationships with partners and demand for services [8][9] - The effective tax rate is expected to be approximately 26% to 27% for the remainder of 2025, with GAAP EPS projected to be around $10 per share if growth opportunities are successfully executed [17][18] - Management remains optimistic about growth possibilities in 2026, focusing on increasing service to underserved communities and improving aircraft utilization [18][66] Other Important Information - The company has a strong balance sheet and liquidity, allowing for various growth opportunities, including acquiring additional aircraft and executing share repurchase programs [15][72] - SkyWest is experiencing challenges in its third-party MRO network, particularly with parts and labor, but is actively working to mitigate these risks [26][36] Q&A Session Summary Question: Discussion on CRJ200 fleet opportunities - Management indicated that the CRJ200 fleet provides flexibility, with priorities to fly those aircraft and add to current contracts with major partners [32][34] Question: Insights on MRO challenges - Management acknowledged ongoing challenges with parts and labor but noted improvements are being made [35][36] Question: Clarification on tariff impacts - The 10% tariff paid was not on the full aircraft cost but on certain components, with ongoing monitoring of tariff implications [43][44] Question: State of recovery in the pro rate and small community market - Management reported strong demand in small communities, with efforts to restore and enhance air service [52][56] Question: Capital allocation strategy - Management emphasized flexibility in capital deployment, with options for share repurchases and fleet investments [59][72] Question: Clarification on aircraft reactivation - The reactivation of 25 dual-class CRJ aircraft is due to new flying agreements and previously parked aircraft being brought back into service [79][80]

[Second Quarter 2025 Summary & Highlights](index=1&type=section&id=Second%20Quarter%202025%20Summary) SkyWest reported strong Q2 2025 financial results with increased net income and EPS, supported by block hour growth and strategic fleet expansion [Q2 2025 Financial Highlights](index=1&type=section&id=Q2%202025%20Financial%20Highlights) SkyWest, Inc. reported strong financial results for Q2 2025, with net income increasing to $120 million and diluted EPS to $2.91, compared to $76 million and $1.82 respectively in Q2 2024, supported by a 19% year-over-year increase in block hour production Q2 2025 Key Financials | Metric | Q2 2025 | Q2 2024 | Change ($) | | :----- | :------ | :------ | :--------- | | Net Income | $120 million | $76 million | +$44 million | | Diluted EPS | $2.91 | $1.82 | +$1.09 | | Pre-tax Income | $163 million | $102 million | +$61 million | - Q2 2025 block hour production increased by **19%** compared to Q2 2024 and **7%** compared to Q1 2025[4](index=4&type=chunk) [Strategic Developments & CEO Commentary](index=1&type=section&id=Strategic%20Developments%20%26%20CEO%20Commentary) SkyWest secured an agreement to purchase and operate 16 new E175 aircraft for Delta Air Lines, scheduled for delivery in 2027 and 2028, which will replace existing CRJ900s and CRJ700s, with the CEO highlighting solid demand and strategic capital deployment for long-term growth and fleet optimization - SkyWest secured an agreement to purchase and operate **16 new E175 aircraft** for Delta Air Lines, expected to replace 11 CRJ900s and 5 CRJ700s, with deliveries in 2027 and 2028[2](index=2&type=chunk)[4](index=4&type=chunk) - CEO Chip Childs noted solid demand for SkyWest's product and a strong position to deploy capital for long-term growth, fleet opportunities, service expansion in smaller communities, and fleet optimization[3](index=3&type=chunk) [Financial Performance](index=2&type=section&id=Financial%20Results) SkyWest's Q2 2025 saw revenue growth and increased net income, alongside a stable balance sheet with reduced debt and increased stockholders' equity [Q2 2025 Income Statement Analysis](index=2&type=section&id=Q2%202025%20Income%20Statement%20Analysis) SkyWest's Q2 2025 revenue increased by 19% to $1.0 billion, driven by higher block hour production, while operating expenses rose by 16%, resulting in a significant increase in operating income and net income compared to the prior year Condensed Consolidated Statements of Income (Three Months Ended June 30) | Metric (Thousands) | Q2 2025 | Q2 2024 | Change ($) | Change (%) | | :----------------- | :------ | :------ | :--------- | :--------- | | Total operating revenues | $1,035,227 | $867,118 | $168,109 | 19.4% | | Total operating expenses | $865,099 | $747,478 | $117,621 | 15.7% | | OPERATING INCOME | $170,128 | $119,640 | $50,488 | 42.2% | | INCOME BEFORE INCOME TAXES | $163,116 | $102,166 | $60,950 | 59.7% | | NET INCOME | $120,269 | $75,578 | $44,691 | 59.1% | | DILUTED EARNINGS PER SHARE | $2.91 | $1.82 | $1.09 | 59.9% | - The **19%** revenue increase was attributed to improvements in captain availability, higher fleet utilization, and strong demand, mirroring the **19%** increase in block hour production[5](index=5&type=chunk) - Operating expense increase was driven by higher flight production, partially offset by operating efficiencies from increased fleet utilization[6](index=6&type=chunk) [Balance Sheet Overview](index=7&type=section&id=Summary%20of%20Consolidated%20Balance%20Sheets) As of June 30, 2025, SkyWest's total assets slightly increased to $7.17 billion, while cash and marketable securities decreased to $727 million, with total debt reduced to $2.5 billion and stockholders' equity growing to $2.58 billion Summary of Consolidated Balance Sheets (June 30, 2025 vs December 31, 2024) | Metric (Thousands) | June 30, 2025 | December 31, 2024 | Change ($) | Change (%) | | :----------------- | :------------ | :---------------- | :--------- | :--------- | | Cash and marketable securities | $727,021 | $801,628 | -$74,607 | -9.3% | | Total assets | $7,174,083 | $7,139,867 | +$34,216 | 0.5% | | Total current liabilities | $1,457,675 | $1,429,591 | +$28,084 | 2.0% | | Long-term debt, net of current maturities | $2,006,034 | $2,136,786 | -$130,752 | -6.1% | | Total debt (Current + Long-term) | $2,496,570 | $2,672,375 | -$175,805 | -6.6% | | Stockholders' equity | $2,582,420 | $2,408,781 | +$173,639 | 7.2% | [Capital, Liquidity & Shareholder Returns](index=2&type=section&id=Capital%20and%20Liquidity) SkyWest maintained strong liquidity, reduced debt, invested in fleet expansion, and increased its share repurchase program, demonstrating strategic capital management [Cash, Marketable Securities & Debt](index=2&type=section&id=Cash%2C%20Marketable%20Securities%20%26%20Debt) SkyWest maintained a strong liquidity position with $727 million in cash and marketable securities as of June 30, 2025, and successfully reduced its total debt to $2.5 billion from $2.7 billion at year-end 2024 Cash and Debt Overview | Metric | June 30, 2025 | December 31, 2024 | Change ($) | | :----- | :------------ | :---------------- | :--------- | | Cash and marketable securities | $727 million | $802 million | -$75 million | | Total debt | $2.5 billion | $2.7 billion | -$0.2 billion | [Capital Expenditures](index=2&type=section&id=Capital%20Expenditures) Capital expenditures for Q2 2025 totaled $169 million, primarily for the acquisition of two new E175 aircraft, four CRJ900 aircraft, spare engines, and other fixed assets - Capital expenditures during Q2 2025 were **$169 million**[7](index=7&type=chunk) - Purchases included two new E175 aircraft, four CRJ900 aircraft, spare engines, and other fixed assets[7](index=7&type=chunk) [Share Repurchase Program](index=2&type=section&id=Share%20Repurchase%20Program) The Board approved a $250 million increase to the share repurchase plan in May 2025, with SkyWest repurchasing 195,000 shares for $17.3 million in Q2 2025, leaving $267 million remaining under the program - In May 2025, the SkyWest Board of Directors approved a **$250 million increase** to its existing share repurchase plan[8](index=8&type=chunk) Share Repurchase Activity | Metric | Q2 2025 | Q1 2025 | Change (%) | | :----- | :------ | :------ | :--------- | | Shares repurchased | 195,000 | 141,000 | +38% | | Value of shares repurchased | $17.3 million | N/A | N/A | | Average price per share | $88.61 | N/A | N/A | - As of June 30, 2025, SkyWest had **$267 million** of remaining availability under its current share repurchase program[8](index=8&type=chunk) [Fleet & Commercial Agreements](index=2&type=section&id=Commercial%20Agreements) SkyWest expanded its fleet with new E175 deliveries and future agreements, increasing total aircraft in service and demonstrating strong operational growth in Q2 2025 [New Aircraft Agreements & Deliveries](index=2&type=section&id=New%20Aircraft%20Agreements%20%26%20Deliveries) SkyWest took delivery of two new E175 aircraft for United Airlines in Q2 2025 and has secured delivery positions for 44 additional E175s from 2028 through 2032, along with purchase rights for 50 more, anticipating nearly 300 E175 aircraft by the end of 2028 - Under an agreement with United Airlines, SkyWest took delivery of **two new E175 aircraft** during Q2 2025[9](index=9&type=chunk) E175 Aircraft Deliveries | Airline | Q2 2025 | Q3-Q4 2025 | 2026 | 2027 | 2028 | Thereafter | Total | | :------ | :------ | :--------- | :--- | :--- | :--- | :--------- | :---- | | United | 2 | 5 | 8 | — | — | — | 13 | | Delta | — | — | — | 10 | 6 | — | 16 | | Alaska Airlines | — | 1 | — | — | — | — | 1 | | Unassigned | — | — | — | — | 4 | 40 | 44 | | Total | 2 | 6 | 8 | 10 | 10 | 40 | 74 | - By the end of 2028, SkyWest anticipates having nearly **300 E175 aircraft**[10](index=10&type=chunk) - SkyWest secured delivery positions for **44 additional E175s** from 2028 through 2032 and purchase rights on **50 additional E175s**[10](index=10&type=chunk) [Fleet Composition](index=8&type=section&id=SkyWest%27s%20fleet%20in%20scheduled%20service%20or%20under%20contract%20by%20aircraft%20type) SkyWest's total aircraft in service or under contract increased to 502 as of June 30, 2025, from 492 at year-end 2024, primarily driven by an increase in E175 and CRJ700/CRJ550 aircraft Aircraft in Service or Under Contract by Type | Aircraft Type | June 30, 2025 | December 31, 2024 | June 30, 2024 | | :------------ | :------------ | :---------------- | :------------ | | E175 aircraft | 265 | 262 | 248 | | CRJ900 aircraft | 36 | 36 | 41 | | CRJ700/CRJ550 aircraft | 121 | 119 | 99 | | CRJ200 aircraft | 80 | 75 | 87 | | Total aircraft | 502 | 492 | 475 | - As of June 30, 2025, SkyWest leased **35 CRJ700/CRJ550s** and **five CRJ900s** to third parties and had **eight CRJ200s** configured for service under SWC operations[20](index=20&type=chunk) [Operational Data](index=8&type=section&id=Selected%20operational%20data) SkyWest experienced significant operational growth in Q2 2025, with total block hours increasing by 18.5% and passengers carried by 13.1% year-over-year, while maintaining high flight completion rates Selected Operational Data (Three Months Ended June 30) | Metric | Q2 2025 | Q2 2024 | % Change | | :----- | :------ | :------ | :------- | | Total block hours | 376,269 | 317,462 | 18.5 % | | Departures | 222,874 | 189,325 | 17.7 % | | Passengers carried | 12,092,758 | 10,691,017 | 13.1 % | | Adjusted flight completion | 99.9 % | 99.9 % | — pts | | Raw flight completion | 99.1 % | 99.0 % | 0.1 pts | | Passenger load factor | 82.8 % | 84.4 % | (1.6)pts | | Average trip length | 451 | 460 | (2.0)% | [Supplemental Financial Information](index=9&type=section&id=Supplemental%20Cash%20Flow%20Information) This section provides additional details on SkyWest's cash flow, highlighting revenue recognized in excess of fixed payments and changes in cumulative deferred revenue [Supplemental Cash Flow Details](index=9&type=section&id=Supplemental%20Cash%20Flow%20Details) SkyWest reported $23.0 million in revenue recognized in excess of fixed cash payments received for Q2 2025, a significant increase from Q2 2024, with cumulative deferred revenue decreasing to $286.5 million as of June 30, 2025 - Fixed monthly cash payments under capacity purchase agreements (CPAs) are attributed to overhead costs and aircraft ownership costs. Non-lease portions are recognized as revenue on a completed block hour basis, while lease portions are recognized on a straight-line basis[24](index=24&type=chunk) Revenue Recognized in Excess of Fixed Cash Payments Received (Thousands) | Period | 2025 | 2024 | | :----- | :--- | :--- | | Three Months Ended June 30, | $22,976 | $5,551 | | Six Months Ended June 30, | $35,886 | $6,414 | Cumulative Deferred Revenue (Thousands) | Metric | As of June 30, 2025 | As of December 31, 2024 | | :----- | :------------------ | :-------------------- | | Cumulative fixed cash payments received in excess of revenue recognized ("deferred revenue") | $286,483 | $322,369 | [Company Information](index=4&type=section&id=About%20SkyWest) This section provides an overview of SkyWest, Inc.'s business structure and operations, along with details for its upcoming Q2 2025 earnings conference call [About SkyWest, Inc.](index=4&type=section&id=About%20SkyWest%2C%20Inc.) SkyWest, Inc. is a holding company for SkyWest Airlines, SkyWest Charter, and SkyWest Leasing, operating a fleet of approximately 500 aircraft and serving over 240 destinations across North America through partnerships with major airlines - SkyWest, Inc. is the holding company for SkyWest Airlines, SkyWest Charter ("SWC"), and SkyWest Leasing, an aircraft leasing company[11](index=11&type=chunk) - SkyWest Airlines has a fleet of approximately **500 aircraft** connecting passengers to over **240 destinations** throughout North America[11](index=11&type=chunk) - SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines, and Alaska Airlines, carrying more than **42 million passengers** in 2024[11](index=11&type=chunk) [Conference Call Details](index=4&type=section&id=Conference%20Call%20Details) SkyWest will host a conference call on July 24, 2025, at 2:30 p.m. Mountain Time to discuss its second quarter 2025 results, with details provided for domestic and international callers and a live internet webcast - SkyWest will host its conference call to discuss its second quarter 2025 results on **July 24, 2025, at 2:30 p.m. Mountain Time**[12](index=12&type=chunk) - Conference call numbers are 1-888-330-2455 for domestic callers and 1-240-789-2717 for international callers. A live webcast will be available at https://events.q4inc.com/attendee/794666333[12](index=12&type=chunk) [Forward-Looking Statements](index=4&type=section&id=Forward-Looking%20Statements) This section outlines the inherent risks and uncertainties associated with forward-looking statements, emphasizing factors that could materially impact future results [Disclaimer and Risk Factors](index=4&type=section&id=Disclaimer%20and%20Risk%20Factors) This section contains forward-looking statements subject to various risks and uncertainties, including economic conditions, demand for air travel, operational challenges, regulatory issues, and geopolitical factors, which could cause actual results to differ materially from expectations - Forward-looking statements are identified by words such as "forecasts," "expects," "intends," "believes," "anticipates," "estimates," "should," "likely" and similar expressions[13](index=13&type=chunk) - Factors that could cause actual results to vary materially include challenges of competing in a rapidly changing industry, economic fluctuations, uncertainty regarding infectious diseases, ability to secure new aircraft agreements, timing and performance of third-party service providers, pilot retention, regulatory issues, aircraft financing, financial stability of major airline partners, fuel costs, global instability, and tariffs[13](index=13&type=chunk)[14](index=14&type=chunk) - Readers are directed to SkyWest's filings with the SEC, including its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, for additional risk factors[14](index=14&type=chunk)

Imagine you're on a plane and the pilot comes on the intercom and says he just avoided a collision with a B-52 bomber. That's exactly what happened on a Sky West flight and then the pilot comes on very calmly and explains everything. Sorry about the aggressive maneuver.It caught me by surprise. This is not not normal at all. Long story short, it was not not fun, but I do uh apologize for it and uh and thank you for understanding.Not a not a fun day at work. Well, after that announcement, the entire plane br ...

Core Viewpoint - SkyWest (SKYW) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - For SkyWest, the Zacks Consensus Estimate for the fiscal year ending December 2025 is projected at $9.36 per share, remaining unchanged from the previous year, but has seen a 4.6% increase in estimates over the past three months [8]. Institutional Investor Influence - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4][5]. - The upgrade of SkyWest reflects an improvement in its underlying business, which is expected to attract investor interest and drive the stock price higher [5][10]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - SkyWest's upgrade places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9][10].

The market expects SkyWest (SKYW) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ju ...

Company Overview - Dorian LPG is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating strong potential for outperforming the market [3] - The Zacks Consensus Estimate for Dorian LPG's full-year earnings has increased by 63.6% over the past quarter, reflecting improved analyst sentiment [4] Performance Comparison - Dorian LPG has returned approximately 14.4% year-to-date, significantly outperforming the average loss of 3.8% in the Transportation sector [4] - In the Transportation - Shipping industry, Dorian LPG is performing better than the average loss of 2.5% this year [6] Industry Context - The Transportation group, which includes Dorian LPG, is currently ranked 10 within the Zacks Sector Rank, which consists of 16 groups [2] - The Transportation - Shipping industry, where Dorian LPG belongs, is ranked 44 in the Zacks Industry Rank [6] Future Outlook - Investors should continue to monitor Dorian LPG as it is expected to maintain its solid performance in the Transportation sector [7]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of "buying high, hoping to sell even higher" [1] - The Zacks Momentum Style Score helps define momentum characteristics, with SkyWest (SKYW) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperformance [3] Group 2: SkyWest Performance Metrics - SkyWest shares have increased by 4.24% over the past week, outperforming the Zacks Transportation - Airline industry, which rose by 2.63% [5] - Over the past quarter, SkyWest shares have risen by 30.9%, and by 33.68% over the last year, compared to the S&P 500's increases of 17.01% and 13.4% respectively [6] - The average 20-day trading volume for SkyWest is 286,020 shares, indicating a bullish sign if the stock is rising with above-average volume [7] Group 3: Earnings Outlook - In the past two months, two earnings estimates for SkyWest have moved higher, with no downward revisions, increasing the consensus estimate from $9.28 to $9.36 [9] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [9] Group 4: Conclusion - SkyWest is rated as a 2 (Buy) stock with a Momentum Score of A, making it a promising pick for near-term investment [11]

Core Insights - GE Aerospace has secured a contract with SkyWest, Inc. to provide CF34-8E engines and spares for 60 new Embraer 175 regional jets [1][9] Group 1: Engine Performance and Reliability - The CF34 engine family is recognized for its performance and reliability, with over 11,000 units delivered globally, achieving more than 209 million flight hours and 165 million flight cycles [2][9] - The engines have a dispatch reliability rate of 99.97% over a 12-month rolling period and can operate on approved sustainable aviation fuel (SAF) blends [3][9] Group 2: Business Relationships and Market Position - SkyWest has become the largest operator of GE's CF34 engines, currently operating over 1,200 GE-powered engines in its fleet [3][9] - The latest order reflects the strong, long-standing relationship between GE Aerospace and SkyWest [3] Group 3: Financial Performance and Market Outlook - GE Aerospace holds a Zacks Rank of 2 (Buy), indicating strong business performance driven by robust demand for commercial engines and technologies [4] - The company's shares have increased by 51.1% over the past year, outperforming the industry growth of 17.2% [6] - The Zacks Consensus Estimate for GE's 2025 earnings has risen by 0.2% in the past 60 days [6]

Industry Overview - The overall air travel demand in the United States remains strong despite some tariff-related challenges, supported by declining oil prices and easing geopolitical tensions [1][2] - The airline industry has experienced a price increase of over 34% in the past three months, outperforming the S&P 500 Index [3] Upcoming Travel Trends - The Transportation Security Administration (TSA) projects over 18.5 million passengers will be screened during the July 4 holiday weekend, with July 6 expected to be the busiest day [7][9] - U.S. airlines will operate 4% more flights compared to the previous year, translating to approximately 27,000 daily scheduled flights [7][9] Airline Stock Highlights - SkyWest (SKYW) has seen a stock gain of 32% over the past three months, with earnings surpassing estimates by an average of 17.1% in the last four quarters [11] - Delta Air Lines (DAL) has experienced a 34% stock increase in the last three months, with a recent 25% hike in quarterly dividend payouts [12][13] - Allegiant Travel Company (ALGT) is benefiting from strong air travel demand and aims to expand its fleet to 122 by the end of 2025, with an average earnings beat of 32.7% in the last four quarters [13][14]

Core Viewpoint - The article compares SkyWest (SKYW) and Southwest Airlines (LUV) to determine which stock is more attractive to value investors [1] Group 1: Zacks Rank and Earnings Outlook - SkyWest has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Southwest Airlines has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank system favors stocks with positive revisions to earnings estimates, suggesting that SKYW has an improving earnings outlook [3] Group 2: Valuation Metrics - SkyWest has a forward P/E ratio of 11.20, significantly lower than Southwest Airlines' forward P/E of 28.96 [5] - The PEG ratio for SkyWest is 1.28, while Southwest Airlines has a PEG ratio of 4.83, indicating that SKYW is expected to grow earnings at a more favorable rate [5] - SkyWest's P/B ratio is 1.7, compared to Southwest Airlines' P/B of 2.03, further supporting the valuation advantage of SKYW [6] Group 3: Value Grades - Based on the valuation metrics, SkyWest has a Value grade of A, while Southwest Airlines has a Value grade of C, indicating that SKYW is currently the superior value option [6]