SkyWest is trading 7.7% up at $103.62 after the company reaffirmed its full-year 2026 EPS guidance of approximately $11.00, offsetting misses in Q2 earnings and revenue.
- Management emphasized an aggressive share buyback program and fleet modernization as part of its long-term capital return strategy.
- Despite higher costs, investor sentiment remains positive due to solid travel demand, increased block hours, and additional support from a broadly stronger airline sector ETF.