SKYW — what changed in the latest 10-Q
A section-by-section comparison of SKYW's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-30 vs the prior 10-Q · 2026-07-24
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +47 | −42 | ~47 | 21 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| Controls & procedures | Text added/removed | +2 | −1 | ~1 | 0 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-30
Effective July 1, 2026, we revised the estimated useful lives of our E175 aircraft, spare engines supporting our E175 fleet and related rotable spare parts from 22 years to 30 years. We concurrently revised the estimated residual value of our E175 aircraft from 20% to 18% of original acquisition cos…
There have been no other significant changes in our critical accounting estimates during the nine months ended September 30, 2026.
Other operating expenses. Other operating expenses primarily consist of aircraft rentals, property taxes, hull and liability insurance, simulator costs, crew per diem, crew hotel costs and credit loss reserves. The $13.6 million, or 17.5%, increase in other operating expenses for the three months en…
Interest expense. The $1.0 million, or 3.8%, decrease in interest expense for the three months ended September 30, 2026 as compared to the three months ended September 30, 2025 was primarily due to debt repayments, partially offset by the interest on new debt issued at higher interest rates since Se…
Provision for income taxes. For the three months ended September 30, 2026 and 2025, our effective income tax rates were 25.1% and 26.0%, respectively, which included the statutory federal income tax rate of 21% and other
Text removed vs the prior filing · source: 10-Q · 2026-07-24
maintenance services provided to third parties during the three months ended June 30, 2026, compared to the three months ended June 30, 2025.
agreements. For clarity, our employee airport customer service labor costs are reflected in salaries, wages and benefits and customer service labor costs we outsource to third parties are included in airport-related expenses.
Other operating expenses. Other operating expenses primarily consist of aircraft rentals, property taxes, hull and liability insurance, simulator costs, crew per diem, crew hotel costs and credit loss reserves. The $0.3 million, or 0.3%, increase in other operating expenses for the three months ende…
Interest expense. The $1.6 million, or 6.2%, decrease in interest expense for the three months ended June 30, 2026 as compared to the three months ended June 30, 2025 was primarily related to a decrease in outstanding debt. At June 30, 2026 we had $2.3 billion of outstanding debt, compared to $2.5 b…
Provision for income taxes. For the three months ended June 30, 2026 and 2025, our effective income tax rates were 27.5% and 26.3%, respectively, which included the statutory federal income tax rate of 21% and other reconciling income tax items, including state income taxes, and the impact of non-de…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-10-30
September 30, 2026, those controls and procedures were effective to ensure that information we are required to disclose in the reports we file or submit under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as app…
During the quarter ended September 30, 2026, there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) under t…
Text removed vs the prior filing · source: 10-Q · 2026-07-24
During the six months ended June 30, 2026, there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) under the…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice