SkyWest, Inc., through its subsidiaries, operates a regional airline in the United States. The company’s flights are operated as Delta Connection, United Express, US Airways Express, American Eagle or Alaska under code-share arrangements with Delta Air Lines, Inc. (Delta), United Air Lines, Inc. (United), US Airways Group, Inc. (US Airways), American Airlines, Inc. (American) or Alaska Airlines (Alaska), respectively. SkyWest Airlines and ExpressJet generally provide regional flying to the company’s partners under long-term, fixed-fee code-share agreements. As of December 31, 2014, the company’s consolidated fleet consisted of a total of 749 aircraft, of which 425 were assigned to United, 239 were assigned to Delta, 29 were assigned to American, 15 were assigned to US Airways, 9 were assigned to Alaska, 2 were subleased to unaffiliated entities and 30 were removed from service. The company operates two types of regional jet aircraft: the Bombardier Aerospace (Bombardier) regional jet, which comes in three different configurations: the 50-seat Bombardier CRJ200 Regional Jet (the CRJ200), the 70-seat Bombardier CRJ700 Regional Jet (the CRJ700) and the 70-90-seat Bombardier CRJ900 Regional Jet (the CRJ900); and the Embraer S.A. (Embraer) regional jet, which the company operates in three different configurations the 50-seat Embraer ERJ-145 regional jet (the ERJ145), the 37-seat Embraer ERJ-135 regional jet (the ERJ135), and the 76-seat Embraer E-175 jet (the E175). The company also operates the 30-seat Embraer Brasilia EMB- 120 turboprop (the EMB120). SkyWest Airlines SkyWest Airlines provides regional jet and turboprop service to airports primarily located in the Midwestern and Western United States. SkyWest Airlines offered approximately 1,707 daily scheduled departures, as of December 31, 2014, of which approximately 995 were United Express flights, 488 were Delta Connection flights, 84 were U.S. Airways Express flights, 101 were American Eagle flights and 39 were Alaska-coded flights. SkyWest Airlines' operations are conducted principally from airports located in Chicago (O'Hare), Denver, Los Angeles, Houston, Minneapolis, Portland, Seattle, Phoenix, San Francisco and Salt Lake City. As of December 31, 2014, SkyWest Airlines operated a fleet of 362 aircraft. ExpressJet ExpressJet provides regional jet service principally in the United States, primarily from airports located in Atlanta, Cleveland, Chicago (O'Hare), Denver, Houston, Detroit, Memphis, Newark, Minneapolis and Washington Dulles. ExpressJet offered approximately 1,838 daily scheduled departures, as of December 31, 2014, of which approximately 607 were Delta Connection flights, 1,138 were United Express flights, and 93 were American Eagle flights. As of December 31, 2014, ExpressJet operated a fleet of 385 aircraft. Seasonality The company’s operations are favorably affected by pleasure travel on its pro-rate routes, historically contributing to increased travel in the summer months, and are unfavorably affected by decreased business travel during the months from November through January and by inclement weather which could result in cancelled flights, principally during the winter months. The company generally experiences a significantly higher number of weather cancellations during the winter months, which negatively impacts its revenue during such months. Regulations All interstate air carriers, including SkyWest Airlines and ExpressJet, are subject to regulation by the U.S. Department of Transportation (the DOT), the U.S. Federal Aviation Administration and other governmental agencies. Regulations promulgated by the DOT primarily relate to economic aspects of air service. Competition The primary competitors of SkyWest Airlines and ExpressJet among regional airlines with code-share arrangements include Air Wisconsin Airlines Corporation; Envoy Air Inc.; PSA Airlines, Inc.; Piedmont Airlines; Horizon Air Industries, Inc.; Mesa Air Group, Inc.; Endeavor, Inc.; Republic Airways Holdings Inc.; and Trans State Airlines, Inc. History SkyWest, Inc. was founded in 1972. The company was incorporated in Utah in 1972.
skywest inc (SY2:German Stock Exchange)
444 South River Road
St. George, UT 84790
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