Wade Steel - SkyWest Chief Commercial Officer

SKYW Stock  USD 68.03  1.30  1.95%   

Executive

Mr. Wade J. Steel serves as Chief Commercial Officer of the Company. He is responsible for the Companys contractual relationships with American Airlines, Inc., Delta Air Lines, Inc., United Airlines, Inc. and Alaska Airlines, Inc., development of new business opportunities with network airlines, fleet management and information technology. He also plays a vital role in the strategic planning and development opportunities of the Company since 2015.
Age 48
Tenure 9 years
Address 444 South River Road, Saint George, UT, United States, 84790
Phone435 634 3000
Webhttps://inc.skywest.com
Steel was initially employed with the Company in March 2007 as Director of Financial Planning and Analysis. He held this position until May 2011, when he was appointed to serve as Vice President – Controller for SkyWest Airlines. From May 2014 until Mr. Steel’s appointment as Chief Commercial Officer of the Company in March 2015, he served as the Executive Vice President and acting Chief Financial Officer of the Company, with responsibility for the areas of finance, treasury, investor relations and information technology for the Company and its subsidiaries. Prior to joining the Company, Mr. Steel was a certified public accountant employed by a public accounting firm.

SkyWest Management Efficiency

Return On Tangible Assets is likely to drop to 0 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, SkyWest's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 6.7 B in 2024, whereas Intangible Assets are likely to drop slightly above 5.3 M in 2024. SkyWest's management efficiency ratios could be used to measure how well SkyWest manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 3.09 B in liabilities with Debt to Equity (D/E) ratio of 1.49, which is about average as compared to similar companies. SkyWest has a current ratio of 0.99, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist SkyWest until it has trouble settling it off, either with new capital or with free cash flow. So, SkyWest's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SkyWest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SkyWest to invest in growth at high rates of return. When we think about SkyWest's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Mark BocchiAlaska Air Group
N/A
Edward SmethwickAir Transport Services
N/A
Alexandre ClercFrontier Group Holdings
N/A
Decio ChieppeAzul SA
60
Daniel ShurzFrontier Group Holdings
48
Carolyn TrabucoAzul SA
51
Kevin ThielAlaska Air Group
N/A
Michael LazarusAzul SA
65
Marcy MoritaHawaiian Holdings
N/A
Rebecca HenryAllegiant Travel
N/A
Thomas HowellJetBlue Airways Corp
N/A
Alvaro LopezJorrinInternational Consolidated Airl
N/A
Scott DeAngeloAllegiant Travel
50
Abhi ShahAzul SA
46
John GeboAzul SA
49
Jason WardAzul SA
N/A
Matt GradyAlaska Air Group
N/A
Christopher HaynesInternational Consolidated Airl
N/A
Michael BergerAir Transport Services
62
Antonoaldo NevesAzul SA
41
Scott LaurenceJetBlue Airways Corp
N/A
SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. SkyWest, Inc. was incorporated in 1972 and is headquartered in St. Skywest operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 15205 people. SkyWest (SKYW) is traded on NASDAQ Exchange in USA. It is located in 444 South River Road, Saint George, UT, United States, 84790 and employs 11,470 people. SkyWest is listed under Passenger Airlines category by Fama And French industry classification.

Management Performance

SkyWest Leadership Team

Elected by the shareholders, the SkyWest's board of directors comprises two types of representatives: SkyWest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SkyWest. The board's role is to monitor SkyWest's management team and ensure that shareholders' interests are well served. SkyWest's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SkyWest's outside directors are responsible for providing unbiased perspectives on the board's policies.
Russell Childs, President CEO
Ronald Mittelstaedt, Director
Terry Vais, COO of ExpressJet Airlines, Inc.
Henry Eyring, Independent Director
Wade Steel, Chief Commercial Officer
Eric Woodward, Chief Accounting Officer
Steven UdvarHazy, Lead Independent Director
Tracy Gallo, Senior Operations
Meredith Madden, Independent Director
James Welch, Independent Director
Meredith Siegfried, Director
Sonya Wolford, VP InFlight
Greg Wooley, Executive Operations
Michael Thompson, COO of Sky West Airlines
Jerry Atkin, Chairman
Robert Simmons, Chief Officer
Bill Dykes, VP Maintenance
Andrew Roberts, Director
Keith Smith, Director
Steve Albrecht, Independent Director

SkyWest Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SkyWest a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

SkyWest Investors Sentiment

The influence of SkyWest's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SkyWest. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SkyWest's public news can be used to forecast risks associated with an investment in SkyWest. The trend in average sentiment can be used to explain how an investor holding SkyWest can time the market purely based on public headlines and social activities around SkyWest. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SkyWest's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SkyWest's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SkyWest's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SkyWest.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SkyWest in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SkyWest's short interest history, or implied volatility extrapolated from SkyWest options trading.

Currently Active Assets on Macroaxis

When determining whether SkyWest is a strong investment it is important to analyze SkyWest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SkyWest's future performance. For an informed investment choice regarding SkyWest Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SkyWest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for SkyWest Stock analysis

When running SkyWest's price analysis, check to measure SkyWest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SkyWest is operating at the current time. Most of SkyWest's value examination focuses on studying past and present price action to predict the probability of SkyWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SkyWest's price. Additionally, you may evaluate how the addition of SkyWest to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Global Correlations
Find global opportunities by holding instruments from different markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is SkyWest's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SkyWest. If investors know SkyWest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SkyWest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Earnings Share
0.77
Revenue Per Share
66.805
Quarterly Revenue Growth
0.104
Return On Assets
0.0092
The market value of SkyWest is measured differently than its book value, which is the value of SkyWest that is recorded on the company's balance sheet. Investors also form their own opinion of SkyWest's value that differs from its market value or its book value, called intrinsic value, which is SkyWest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SkyWest's market value can be influenced by many factors that don't directly affect SkyWest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SkyWest's value and its price as these two are different measures arrived at by different means. Investors typically determine if SkyWest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SkyWest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.