Dahlman Rose Maintains Hold Rating On SkyWest

Dahlman Rose & Co. have published a research report on SkyWest (NASDAQ: SKYW) lowering their outlook for the company.

In the report, Dahlman commented, "Late Friday SkyWest pre-announced 2Q11 earnings. Management expects SkyWest to generate break-even results due to four major factors. SkyWest Airlines and Atlantic Southeast incurred training and transition expenses related to new aircraft, increased summer block hour production, the reallocation of crews due to hub changes, and pilot shortages resulting in paying double time and premium pay on certain routes."

Dahlman rated SkyWest a Hold. SkyWest closed Friday at $14.72.