Sky West Airlines profits dive

Rising fuel costs offset a boost in revenue at Australian and South East Asia regional airline Skywest Airlines, leading to a drop in pre-tax profit of three million Singapore dollars (S$) for the half year ended December 31st.

Rising fuel costs offset a boost in revenue at Australian and South East Asia regional airline Skywest Airlines, leading to a drop in pre-tax profit of three million Singapore dollars (S$) for the half year ended December 31st.

Profit for the half year was S$6.4m compared to S$9.8m for the previous corresponding period, on revenues of S$145m compared to S$125.3m in the same period the year before.

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