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:
“There has never been in history another such culture as the Western civilization M a culture which has practiced the belief that the physical and social environment of man is subject to rational manipulation and that history is subject to the will and action of man; whereas central to the traditional cultures of the rivals of Western civilization, those of Africa and Asia, is a belief that it is environment that dominates man.”
—Ishmael Reed (b. 1938)
“... that there is no other way,
That the history of creation proceeds according to
Stringent laws, and that things
Do get done in this way, but never the things
We set out to accomplish and wanted so desperately
To see come into being.”
—John Ashbery (b. 1927)
“It may be well to remember that the highest level of moral aspiration recorded in history was reached by a few ancient JewsMicah, Isaiah, and the restwho took no count whatever of what might not happen to them after death. It is not obvious to me why the same point should not by and by be reached by the Gentiles.”
—Thomas Henry Huxley (182595)