St. George, Utah-based SkyWest on May 11 named former CFO and executive vice president Brad Rich president of the company as part of a restructuring that saw vice president of finance and treasurer Michael Kraupp become chief financial officer. Long-time SkyWest chief executive Jerry Atkin remains chairman of the board and CEO.
Five years of on-and-off negotiations between SkyWest Airlines subsidiary Atlantic Southeast and its 1,700 pilots ended on September 28, when the sides reached a tentative deal on a five-year contract.
A last-ditch attempt to stave off bankruptcy by Delta Air Lines has seen St. George, Utah-based SkyWest agree to buy Delta Connection subsidiary Atlantic Southeast Airlines (ASA). Scheduled for completion this month, the $425 million deal will make SkyWest by far the largest regional airline in the U.S., giving it a combined fleet of 372 airplanes, projected annual enplanements of more than 28 million and 13,400 employees.
Delta Air Lines has decided to allow the leases to lapse on Atlantic Southeast Airlines’ ATR 72s, spelling the end of the fleet by June 30 of next year, according to Jerry Atkin, the CEO of ASA’s parent company, SkyWest. The twelve 66-seat turboprops have survived an extended period of turboprop divestiture at the Atlanta-based airline by maintaining their usefulness primarily in southeastern leisure markets.