SkyWest reported Q2 2026 net income of $101 million ($2.54 per diluted share) on revenue of $1.1 billion, a 7% increase over Q2 2025. The company's Board approved a $250 million increase to its stock repurchase program on July 23, 2026, bringing total remaining authorization to approximately $313 million. Additionally, SkyWest secured an agreement to purchase and operate 11 new E175 aircraft for American Airlines to replace 11 CRJ700s, with deliveries expected in 2026 and 2027. The company ended the quarter with $601 million in cash and marketable securities and total debt of $2.3 billion. SkyWest is a regional airline holding company that operates scheduled flights through partnerships with major carriers.