SkyWest News

[Atccfi]

How do hiring pools work? Are you place into the pool and once hiring resumes you are called? Do they pick you out at random or is it in order of when you were "put in it"? Do they go through it and pick out the most qualified pilots? THX.

 

[jetpig32]

Bombardier Concludes 22 Aircraft Deal with SkyWest
Toronto, October 11, 2005
Represents conversion of 18 existing CRJ200 orders plus four additional firm orders.

Bombardier Aerospace announced today that SkyWest Inc. of St. George, Utah has concluded a purchase agreement for 22 Bombardier CRJ700 regional jets for its Delta Connection operation. The transaction includes conversion rights to other Bombardier CRJ aircraft. In addition, the 80 options for CRJ700 aircraft previously announced were reaffirmed as part of this agreement.

The revised contract is valued at approximately $798 million US. If all options are exercised, the entire order could be worth $ 3.7 billion US.

This transaction converts the 18 Delta Air Lines CRJ200 aircraft on backlog assumed by SkyWest as part of their recent acquisition of Atlantic Southeast Airlines (ASA) and includes four incremental orders. SkyWest also retains 15 CRJ700 firm orders on Bombardier's backlog from a previous transaction.

"With our recent purchase of Atlantic Southeast Airlines, we agreed to add 22 regional jets to the Delta Connection route network," said Jerry Atkin, Chairman, President and Chief Executive Officer, SkyWest Inc. "The CRJ700 continues to meet our growth requirements because of the benefit of commonality with existing CRJ fleets at SkyWest Airlines and Atlantic Southeast Airlines."

"We are very proud of our long partnership with SkyWest," said Steven Ridolfi, President, Bombardier Regional Aircraft. "We appreciate this endorsement of the CRJ Series and the CRJ700 as the regional jet of choice for both SkyWest and Delta Connection in order to meet their future system and market requirements. The CRJ700 aircraft's low operating costs represent a real benefit to operators in today's challenging market."

The current combined fleets of SkyWest Inc. owned airlines include 229 CRJ200 and 72 CRJ700 aircraft.

The Bombardier CRJ Series firm order book now stands at 1,440 with 1,294 delivered as of August 31, 2005.

 

[Bluto]

So really it's only 4 new aircraft, on top of previous orders. Is that how you guys are reading this?

 

[amcnd]

No.. The 18 CRJ200 ASA had are now 22 CRJ700 plus the 15 United aircraft + a new order for 80 options on the CRJ700. The tricky thing is? SkyWest INC. these could go to ASA or SkyWest! Whipsaw?

 

[IFlyFL410]

I definately smell a Whipsaw coming on this one.

 

[Tim47SIP]

Liers figure and figures lie!

This transaction converts the 18 Delta Air Lines CRJ200 aircraft on backlog assumed by SkyWest as part of their recent acquisition of Atlantic Southeast Airlines (ASA) and includes four incremental orders. SkyWest also retains 15 CRJ700 firm orders on Bombardier's backlog from a previous transaction.


Well hopefully the aircraft go where they were supposed to go. 15 to Sky and 18 to ASA.

"With our recent purchase of Atlantic Southeast Airlines, we agreed to add 22 regional jets to the Delta Connection route network,"

Hopefully the 22 is in addition to the above aircraft. This would be good news for both companies. If not, that would mean 4 more are on the books.

 

[superjet]

Good things ahead!!

I think the fact that skw has put new training on hold til 06 is so they can see what DAL wants to do. As with UAL the DAL BK will ultimately boost skw and asa flying by summer 06. I hate to say it but DAL and UAL problems are good for increased a/c and flying for asa and skw. Ultimately this is the deal like it or not!!!

 

[=w=]

Right, four more are on the books. Who knows where they will go. Those 18 were part of the CRJ's which were supposed to come to ASA before we got bought out. They were supposed to be 200's and are now 700's. I also believe Atkin said ASA is getting 6 new CRJ200's next year (ones that couldnt be converted to 700's). ASA is ramping up their hiring again while SKYW is slowing theirs... pretty clear where the airplanes are going.

 

[E120ASA]

Heard from a CP. on Sunday that Comair is going to have more problems and CHQ is going to lose allot of Delta flying in December. CHQ 25% E145 and 20% other flying. That is what he told us so take it for what it is worth. All I know is that with Delta's BK and the award for Skywest from the court, SKY and ASA are not allowed to lose any flying or big D will not get their cash. SKYWEST, YOU DID A GREAT JOB......

 

[IFlyFL410]

very interesting.....was that an ATL CP or SLC?