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After reaching an important support level, SkyWest (SKYW) could be a good stock pick from a technical perspective. SKYW surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
SkyWest (SKYW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
| - Industry | - Sector | Russell A. Childs CPA CEO | XBER Exchange | US8308791024 ISIN |
| US Country | 12,876 Employees | 6 Apr 2020 Last Dividend | 18 Dec 2000 Last Split | 26 Mar 1990 IPO Date |
SkyWest, Inc. operates as a prominent regional airline in the United States, spearheaded by its versatile operations through its subsidiaries. Since its establishment in 1972, it has focused on providing comprehensive air travel and freight services within the US, alongside extending its reach to Canada and Mexico. The company has laid down a robust foundation in the aviation sector through its strategic divisions, namely SkyWest Airlines and SWC, as well as SkyWest Leasing. Headquartered in Saint George, Utah, SkyWest, Inc. has fortified its market presence with a fleet of 603 aircraft, underlining its capacity to manage approximately 1,850 total daily departures effectively. This operational magnitude marks SkyWest, Inc. as a significant player in the regional airline space, offering a bridge that connects various destinations across North America with efficiency and reliability.
SkyWest Airlines and SWC represent the core of SkyWest, Inc.'s operations, focusing on the delivery of scheduled passenger services. The company executes around 1,850 daily departures, facilitating connectivity across the United States, Canada, and Mexico. This extensive network supports regional travel needs, emphasizing the company's role in enhancing aviation accessibility and convenience.
SkyWest Leasing, a vital component of SkyWest, Inc., specializes in the leasing of regional jet aircraft and spare engines. This division caters to the diverse needs of third parties, providing them with the necessary assets to support their aviation operations. It denotes a strategic extension of SkyWest's business model, leveraging its fleet to generate additional revenue streams while supporting the broader aviation industry.
Beyond traditional airline services, SkyWest, Inc. offers on-demand charter services. This bespoke offering caters to individuals and entities seeking personalized air travel solutions, enhancing the scope of SkyWest's customer service. It represents the company's adaptability in meeting varied transportation needs, ensuring a tailored experience for each charter client.
The comprehensive approach of SkyWest, Inc. to aviation extends to airport customer and ground handling services. These services ensure that airlines and their passengers receive high-quality assistance on the ground, from check-in and boarding to luggage handling. SkyWest's investment in these areas reflects its commitment to excellence in all facets of air travel, reinforcing its reputation as a full-service regional airline operator.