Sky West: Ready When Delta Is?

As a regional airline, SkyWest (SKYW) hasn't exactly been a highflier: Its shares have plunged from 40 in January to 22 lately. The stock hardly moved even when SkyWest reported record earnings for its September quarter. But SkyWest may win respect soon: The buzz is that Delta Air Lines, which owns some 13% of Utah's SkyWest, may opt to buy the remainder of the shares. SkyWest operates under the name Delta Connection from Salt Lake City and Los Angeles. In addition, it operates as United Express for United Airlines.

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