SkyWest Announces Additional Flying for United Airlines
ST. GEORGE, Utah, April 4 /PRNewswire-FirstCall/ -- SkyWest Airlines, Inc., (NASDAQ:SKYW) announced that it has been selected to fly an additional 20 CRJ700 aircraft for United Airlines in its United Express operations. The CRJ700 is a regional jet aircraft manufactured by Bombardier Aerospace and will be delivered in a 66-seat configuration with 6 First Class seats. It is anticipated that the aircraft will begin delivering in the third quarter of 2005 with deliveries being completed by the first quarter of 2006. These new aircraft are in addition to the 32 CRJ700 aircraft previously awarded to SkyWest. Also, the aircraft will operate under SkyWest's existing United Express agreement and the company will be compensated for the additional flights under a contract flying arrangement with United Airlines. As a result of this additional regional jet flying, it is anticipated that SkyWest will have a total of 52 CRJ700 aircraft, 65 CRJ200 aircraft and 50 EMB120 Brasilia aircraft operating in its United Express system by February 2006.
"We are currently the largest United Express operator and appreciate the opportunity to increase our operations on behalf of United Airlines in a significant way," said Bradford R. Rich, Executive Vice President, Chief Financial Officer and Treasurer of SkyWest, Inc. "We value United's confidence in our ability to continue to provide high quality, cost competitive regional jet flying," he continued.
SkyWest has been ranked the number one on-time mainland carrier by the Department of Transportation for 2003 and 2004 and was also recently named the Regional Airline of the Year for 2004 by Regional Airline World magazine.
SkyWest currently operates as United Express, Delta Connection and Continental Connection carriers under contractual agreements with United Airlines and Delta Air Lines, and under a marketing agreement with Continental Airlines. System-wide, SkyWest serves a total of 120 cities in 32 states and three Canadian provinces with over 1,500 daily departures. This press release and additional information regarding SkyWest can be accessed at http://www.skywest.com.
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