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SkyWest shares fall after warning of second-quarter loss

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Shares of SkyWest Inc, which operates regional flights for bigger carriers, fell about 8 percent on Monday after the company warned it expected a second-quarter loss.

SkyWest said after markets closed on Friday that results would be lower than expected and forecast a loss of $12 million to $14 million, or 23 cents to 28 cents a share, for the second quarter. Analysts had expected a profit of 14 cents a share, on average, according to Thomson Reuters I/B/E/S.

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