SkyWest Airlines

September 25, 2008 - 11:26am

St. George, Utah-based SkyWest on September 8 will drop service to seven airports from Milwaukee as financially troubled code-share partner Midwest Airlines moves to cut systemwide capacity by 34 percent. The cuts involve Baltimore/Washington; Hartford, Conn.; Louisville, Ky.; Muskegon, Mich.; Raleigh/Durham, N.C.; St. Louis; and Wausau, Wis.

September 4, 2008 - 9:58am

SkyWest Airlines has agreed to buy a 6-percent stake in Brazilian regional airline Trip Linhas Aereas, SkyWest vice president of finan ce Mike Kraupp confirmed to AIN today. Described as a “small deal” to SkyWest, the investment equates to roughly $5 million, but the contact’s language calls for a possible increase in the St.

August 29, 2008 - 1:33pm

St. George, Utah-based SkyWest on September 8 will drop service to seven airports from Milwaukee as financially troubled code-share partner Midwest Airlines moves to cut systemwide capacity by 34 percent. The cuts involve Baltimore/Washington; Hartford, Conn.; Louisville, Ky.; Muskegon, Mich.; Raleigh/Durham, N.C.; St. Louis; and Wausau, Wis.

August 11, 2008 - 9:30am

The trend toward consolidation and alliances among major airlines may concern some in the Justice Department, but it hasn’t restricted opportunities for regional carriers such as SkyWest Airlines, which last month inked its first code-share deal with US Airways.

August 4, 2008 - 12:09pm

United Airlines completed a series of moves last month that signaled not only its intention to embark on a large-scale expansion of its regional network, but perhaps a willingness to play “hard ball” with its long-time United Express affiliate, Sterling, Va.-based Atlantic Coast Airlines.

July 30, 2008 - 9:15am

United Airlines has signed a memorandum of understanding (MOU) with SkyWest Airlines to operate select portions of the company’s United Express service. The MOU, announced June 10, signals an 11-year relationship that includes a new rate structure and allows for more airplanes to be added to the United Express fleet. It also calls for SkyWest to operate a total of 140 aircraft.

July 11, 2008 - 8:15am

While the traffic slump that beset the U.S. airline industry as a result of September 11 certainly manifested itself in fourth-quarter financial results across sector lines, an ability to adapt quickly to changing market conditions mitigated the damage to the regional airline business, which showed remarkable resilience in the face of potentially devastating losses.

July 8, 2008 - 9:57am

SkyWest last month withdrew its offer to buy Houston’s ExpressJet after concluding that a new seven-year capacity purchase agreement entered by ExpressJet and Continental Airlines rules out any deal. “Although we continue to believe our offer represented a favorable opportunity for ExpressJet stakeholders, the execution of a new ExpressJet capacity purchase agreement removes a fundamental component of our offer,” said SkyWest CFO Brad Rich.

June 9, 2008 - 7:16am

A committee composed of independent outside members of Houston-based ExpressJet’s board of directors unanimously rejected a proposal from St. George, Utah-based SkyWest to acquire the company for $3.50 per share in cash in late April.

May 29, 2008 - 7:15am

The major reductions in airline passenger traffic at San Francisco International Airport (SFO) since September 11 may actually benefit business aviation activities at the airport, as well as SkyWest Airlines, the sole regional airline operation remaining at the large West Coast airport.

 
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