SkyWest ends 91-quarter profit streak posting USD11.1m loss
Things have to be really, really bad for SkyWest to post a loss, especially when it should have been benefitting from its acquisition of ExpressJet. In fact losses at the company are unheard of since the March 1988 quarter and, for that, the company has become the premier US airline for its unique winning streak. But, the first quarter of 2011 ended a 91-consecutive-quarter profit streak owing to, what the airline described as, a perfect storm, some of it related to trying to please one of its major partners.
