Securities and Exchange Commission

September 19, 2006 - 4:37am

The Securities and Exchange Commission (SEC) has launched an investigation into the accounting of certain maintenance costs by St. George, Utah-based SkyWest. Revealed in the company’s latest quarterly financial statement, released May 10, the probe relates to an accounting method change SkyWest instituted for certain engine overhaul expenses starting Jan. 1, 2002.

 
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