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Thursday, November 8, 2007

SKYW Income Up, Company to Repurchase Stock

SkyWest, Inc. today reported operating revenues of $875.6 million for the third quarter ended September 30, 2007, a 10.6 percent increase, compared to $791.8 million for the same period last year. SkyWest also reported net income of $42.9 million for the quarter ended September 30, 2007, or $0.68 per diluted share, compared to $40.7 million of net income or $0.63 per diluted share for the same period last year. It also announced that its Board of Directors authorized the repurchase up to an additional five million shares of SkyWest, Inc. outstanding common stock. For a complete report see the next issue of Regional Aviation News.
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