ACA replacement flying
SkyWest Airlines Announces Expansion of Its United Airlines Regional Jet
Flying and New Bombardier Aircraft Order
ST GEORGE, Utah, Feb. 10 /PRNewswire-FirstCall/ -- SkyWest Airlines, Inc.,
a subsidiary of SkyWest, Inc. (Nasdaq: SKYW) announced today that it has
agreed to add another 12 regional jet aircraft to its United Express
operations during 2004. This new order with Bombardier consists of
10 CRJ-200s and two CRJ-700s. The additional aircraft will be operated under
the same terms and conditions contained in the current agreement.
In total, the United growth commitment now stands at 42 regional jet
aircraft (27 deliveries in 2004 and 15 deliveries in 2005). SkyWest already
operates 55 CRJ-200 aircraft and 59 EMB-120 aircraft in United Express
operations.
"We are pleased with this opportunity to place additional aircraft with
our partner, United Airlines. This deal represents the culmination of a
collaborative effort between United Airlines, Bombardier Aerospace, and
SkyWest Airlines," said Bradford R. Rich, Executive Vice President, CFO and
Treasurer. "SkyWest remains committed to providing a quality product for
United Airlines and high level of customer service to United passengers. We
are well positioned for this expansion as a result of the outstanding quality
of our personnel, our operations, and our financial strength" he continued.
Statements in this press release which are not purely historical are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements encompass SkyWest's beliefs,
expectations, hopes or intentions regarding future events. Words such as
"expects," "intends," "believes," "anticipates," "should" and "likely" also
identify forward-looking statements. All forward-looking statements included
in this press release are made as of the date hereof and are based on
information available to SkyWest as of such date. SkyWest assumes no
obligation to update any forward-looking statement. Actual results could
differ materially from those anticipated for a number of reasons, including,
among others: developments associated with the bankruptcy proceedings
involving United Airlines, Inc.; potential consolidation of existing regional
carriers; ongoing negotiations between SkyWest and its major partners
regarding their code-sharing arrangements; variations in market and economic
conditions; ability to finance aircraft acquisitions; and other unanticipated
factors. Risk factors, cautionary statements and other conditions which could
cause actual results to differ from SkyWest's current expectations are
contained in SkyWest's filings with the Securities and Exchange Commission,
including SkyWest's Annual Report on Form 10-K.
SkyWest Airlines, Inc. is the nation's largest independently owned
regional carrier and carried 10.74 million passengers in 2003. SkyWest
operates as United Express, Delta Connection and Continental Connection
carriers under marketing agreements with United Airlines, Delta Air Lines, and
Continental Airlines respectively. System-wide, SkyWest has approximately
5,900 employees and serves a total of 105 cities in 27 states and three
Canadian provinces with more than 1,200 daily departures.
SOURCE SkyWest Airlines, Inc.
-0- 02/10/2004
/CONTACT: Michael J. Kraupp, VP Finance & Asst. Treasurer of SkyWest
Airlines, +1-435-634-3203, or Fax, +1-435-634-3205/
/Web site: http://www.skywest.com /
-- LATU060 --
4162 02/10/2004 07:00 EST http://www.prnewswire.com
Copyright PR Newswire 2004. All rights reserved.
Tue Feb 10 12:00:55 2004 -GMT- pnac (nPN2AL060) = 1 12:00
SkyWest Airlines Announces Expansion of Its United Airlines Regional Jet
Flying and New Bombardier Aircraft Order
ST GEORGE, Utah, Feb. 10 /PRNewswire-FirstCall/ -- SkyWest Airlines, Inc.,
a subsidiary of SkyWest, Inc. (Nasdaq: SKYW) announced today that it has
agreed to add another 12 regional jet aircraft to its United Express
operations during 2004. This new order with Bombardier consists of
10 CRJ-200s and two CRJ-700s. The additional aircraft will be operated under
the same terms and conditions contained in the current agreement.
In total, the United growth commitment now stands at 42 regional jet
aircraft (27 deliveries in 2004 and 15 deliveries in 2005). SkyWest already
operates 55 CRJ-200 aircraft and 59 EMB-120 aircraft in United Express
operations.
"We are pleased with this opportunity to place additional aircraft with
our partner, United Airlines. This deal represents the culmination of a
collaborative effort between United Airlines, Bombardier Aerospace, and
SkyWest Airlines," said Bradford R. Rich, Executive Vice President, CFO and
Treasurer. "SkyWest remains committed to providing a quality product for
United Airlines and high level of customer service to United passengers. We
are well positioned for this expansion as a result of the outstanding quality
of our personnel, our operations, and our financial strength" he continued.
Statements in this press release which are not purely historical are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements encompass SkyWest's beliefs,
expectations, hopes or intentions regarding future events. Words such as
"expects," "intends," "believes," "anticipates," "should" and "likely" also
identify forward-looking statements. All forward-looking statements included
in this press release are made as of the date hereof and are based on
information available to SkyWest as of such date. SkyWest assumes no
obligation to update any forward-looking statement. Actual results could
differ materially from those anticipated for a number of reasons, including,
among others: developments associated with the bankruptcy proceedings
involving United Airlines, Inc.; potential consolidation of existing regional
carriers; ongoing negotiations between SkyWest and its major partners
regarding their code-sharing arrangements; variations in market and economic
conditions; ability to finance aircraft acquisitions; and other unanticipated
factors. Risk factors, cautionary statements and other conditions which could
cause actual results to differ from SkyWest's current expectations are
contained in SkyWest's filings with the Securities and Exchange Commission,
including SkyWest's Annual Report on Form 10-K.
SkyWest Airlines, Inc. is the nation's largest independently owned
regional carrier and carried 10.74 million passengers in 2003. SkyWest
operates as United Express, Delta Connection and Continental Connection
carriers under marketing agreements with United Airlines, Delta Air Lines, and
Continental Airlines respectively. System-wide, SkyWest has approximately
5,900 employees and serves a total of 105 cities in 27 states and three
Canadian provinces with more than 1,200 daily departures.
SOURCE SkyWest Airlines, Inc.
-0- 02/10/2004
/CONTACT: Michael J. Kraupp, VP Finance & Asst. Treasurer of SkyWest
Airlines, +1-435-634-3203, or Fax, +1-435-634-3205/
/Web site: http://www.skywest.com /
-- LATU060 --
4162 02/10/2004 07:00 EST http://www.prnewswire.com
Copyright PR Newswire 2004. All rights reserved.
Tue Feb 10 12:00:55 2004 -GMT- pnac (nPN2AL060) = 1 12:00