SkyWest IncExpanded buyback authorization to $750 million and completed $437 million in repurchases, signaling capital return to shareholders.
SkyWest reported second-quarter 2026 revenue of US$1,102.75 million and net income of US$100.7 million, with earnings per share lower than a year ago. The company completed repurchases of 7,291,719 shares for US$437.22 million and expanded its stock repurchase authorization by an additional US$250 million, bringing the total authorization to US$750 million. SkyWest also plans to operate 11 new E175 aircraft for American Airlines, supporting fleet modernization and contract flying. Rising maintenance and labor costs remain a key risk to the investment narrative.
SkyWest IncExpanded buyback authorization to $750 million and completed $437 million in repurchases, signaling capital return to shareholders.
American Airlines GroupSkyWest plans to operate 11 new E175 aircraft for American Airlines, indicating increased contract flying demand.