SkyWest profits take off

SkyWest Inc., the St. George, Utah, regional airline that operates United Express and Delta Connection flights at the Medford airport, once again showed its ability to fly profitably in uncertain times.

SkyWest reported net income of $37.2 million, or 67 cents per diluted share, during the final three months of 2010, compared to $19.5 million, or 34 cents per diluted share, for the similar period in 2009.

For all of 2010, SkyWest produced a $96.4 million profit, or $1.70 per share, compared to $83.7 million, or $1.47 per share, in 2009.

— Greg Stiles

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