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NEWS RELEASE CONTACT : Investor Relations 435.634.3200 ● ● SKYWEST INCORPORATED ● Investor.relations@skywest.com Second Quarter 2021 Highlights Pre - tax income of $ 81 million , net income of $ 62 million , or $ 1.22 per diluted share Secured an agreement with Alaska Airlines for nine E175 aircraft ; eight aircraft were previously announced , one additional aircraft announced today Secured an agreement with American Airlines for eleven additional used CRJ700s to be placed into service by mid - 2023 , resulting in a total 101 CRJ700s under agreement with American Corporate Communications 435.634.3553 corporate.communications@skywest.com SkyWest , Inc. Announces Second Quarter 2021 Profit Placed six used CRJ700 aircraft into service under a previously announced agreement with American ST . GEORGE , UTAH , July 29 , 2021 -- SkyWest , Inc. ( NASDAQ : SKYW ) ( " SkyWest " ) today reported financial and operating results for Q2 2021 , including net income of $ 62 million , or $ 1.22 per diluted share , compared to a net loss of $ 26 million , or $ 0.51 per share , for Q2 2020 . The financial results improved from Q2 2020 due to the flying demand recovery from COVID - 19 . The pre - tax results for Q2 2021 and Q2 2020 included $ 114 million and $ 152 million , respectively , in payroll support program grants received from the U.S. Treasury Department ( " Treasury " ) reflected as a reduction to operating expenses . Commenting on the results , Chip Childs , Chief Executive Officer of SkyWest , said , " We are pleased to see continued demand improvement and look forward to returning to pre - COVID levels by the beginning of 2022. We are excited to resume new aircraft deliveries in the third quarter , with 29 new E175 aircraft by the first half of 2023. I want to thank our exceptional SkyWest team for their commitment to excellence through these dynamic and challenging circumstances . " 1