SkyWest, Inc. Announces Additional Dual-Class Aircraft From Delta
02-Aug-2012 SkyWest, Inc. ("SkyWest") (NASDAQ: SKYW) today announced that it has reached an understanding with Delta Air Lines, Inc. ("Delta") on a transaction which provides SkyWest, Inc. 34 additional dual-class regional jet aircraft and for the early termination of 66 Bombardier CRJ200 regional jet aircraft under its existing Delta Connection Agreements. The 34 additional aircraft consist of five Bombardier CRJ700 aircraft and 29 Bombardier CRJ900. SkyWest, Inc. anticipates that it will take delivery of the 34 aircraft incrementally between August 2012 and June 2013. Subject to the completion of agreements to be negotiated between SkyWest, Inc. and Delta, SkyWest, Inc. also anticipates that these changes will be incorporated into its existing Delta agreements with a December 2022 termination date for these operating rights.
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