Skywest, inc. announces first quarter 2021 profit

St. george, utah, april 29, 2021 /prnewswire/ -- first quarter 2021 highlights pre-tax income of $50 million, net income of $36 million, or $0.71 per diluted share placed nine used crj700 aircraft into service under a previously announced agreement with american airlines; took delivery of one new crj900 aircraft under a previously announced agreement with delta air lines named to forbes america's best employers 2021 list; also named a best place to work in 2021, a glassdoor employees' choice award skywest, inc. (nasdaq: skyw) ("skywest") today reported financial and operating results for q1 2021, including net income of $36 million, or $0.71 per diluted share, compared to net income of $30 million, or $0.59 per diluted share, for q1 2020. pre-tax income for q1 2021 included $193 million in payroll support program grants received from u.s. treasury department ("u.s. treasury") reflected as a reduction to operating expenses.
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