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Skywest is buying (insert airline name here). (Insert your idiot source and reasoning here).
Equity Investment . Midwest and SkyWest acknowledge that, in conjunction with the negotiation of this Agreement, they and their respective Affiliates have been engaged in discussions regarding a potential investment by SkyWest or one of its Affiliates in certain equity securities of Midwest Air Group, Inc., the parent company of Midwest (the “Equity Investment”). As of the date of execution of this Agreement, the final terms of the Equity Investment have not been finalized. SkyWest covenants and agrees that, if so requested by Midwest, it, or one of its Affiliates acceptable to Midwest, shall make the Equity Investment
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Skywest is buying (insert airline name here). (Insert your idiot source and reasoning here).
I'm gonna take that a step further and say that SKW buys XJT and uses the certificate to start their own branded flying setup like XJT already has planned...with the old SKW COO as the president of the new airline.XJT when the stock dips down below $5. It seems SKYW buys any airline that gets some of its flying. Since XJT took the ASA flying in LAX and will also be doing some SLC flying, I'll bet SKYW will buy XJT if the stock goes below $5. Some analysts have the target at $3. Then they would own the regional flying at DAL, UAL, and CAL.
The regionals of today will be the big players tomorrow.