SkyWest, Inc. – Skywest, Inc. Announces Agreement to Acquire Atlantic Southeast Airlines, Inc. (August 16th, 2005)
The proposed transaction would position SkyWest as the holding company of two of the nations premier regional airlines, SkyWest Airlines, Inc. (SkyWest Airlines) and ASA. The acquisition will result in the creation of the largest U.S. regional airline operating primarily state-of-the-art regional jet aircraft. The combined companies currently fly 372 aircraft, employ approximately 13,400 employees, and are expected to carry an estimated 28 million passengers during 2005. Combined revenues of the two companies are estimated to be approximately $2.5 billion during 2005.