Sky West, Inc. - History

History

SkyWest, Inc. became the parent company of SkyWest Airlines to facilitate the transfer of the sale of Delta Air Lines' subsidiary, Atlantic Southeast Airlines (ASA), to SkyWest, Inc.

On Monday, August 15, 2005, Delta announced that it was selling ASA to the newly incorporated SkyWest, Inc. for $425 million in cash, and on Thursday, September 8, 2005, SkyWest, Inc. announced that the acquisition had been completed.

SkyWest Airlines and ASA, even though merged into one holding company maintain separate operations.

SkyWest, Inc. in terms of revenue would be considered a major airline carrier as it has over $1 Billion annual revenue earnings.

On August 4, 2010 the parent company, SkyWest, Inc., announced that ASA would be attaining ExpressJet Airlines, and the two companies would be merged.

The merger was closed on November 12, 2010.

ASA and ExpressJet received a single operating certificate on December 31, 2011. ExpressJet is the name of the new regional airline.

On July 11, 2012, SkyWest, Inc. came to an agreement with Mitsubishi Aircraft Corporation to purchase 100 Mitsubishi Regional Jets. Deliveries are slated to begin in 2017. This order may be spilt between SkyWest, Inc's. two subsidiaries, SkyWest Airlines and ExpressJet, or possibly leased to other carriiers.

Read more about this topic:  Sky West, Inc.

Famous quotes containing the word history:

    No one can understand Paris and its history who does not understand that its fierceness is the balance and justification of its frivolity. It is called a city of pleasure; but it may also very specially be called a city of pain. The crown of roses is also a crown of thorns. Its people are too prone to hurt others, but quite ready also to hurt themselves. They are martyrs for religion, they are martyrs for irreligion; they are even martyrs for immorality.
    Gilbert Keith Chesterton (1874–1936)

    The custard is setting; meanwhile
    I not only have my own history to worry about
    But am forced to fret over insufficient details related to large
    Unfinished concepts that can never bring themselves to the point
    Of being, with or without my help, if any were forthcoming.
    John Ashbery (b. 1927)

    I believe that in the history of art and of thought there has always been at every living moment of culture a “will to renewal.” This is not the prerogative of the last decade only. All history is nothing but a succession of “crises”Mof rupture, repudiation and resistance.... When there is no “crisis,” there is stagnation, petrification and death. All thought, all art is aggressive.
    Eugène Ionesco (b. 1912)