How does SkyWest finance its growth?
As a result of our excellent credit standing and solid balance sheet and financial performance, SkyWest primarily enters into U.S. Tax Leveraged Leases as the principal source of financing. These types of leases carry good economic terms ensuring that SkyWest is best in class in sourcing and financing aircraft. Doing so allows us to be very competitive and offer amongst the lowest departure rates in the industry bringing benefits to our major code-sharing partners. From time to time, SkyWest will also mortgage style debt finance aircraft in order to obtain tax benefits under Federal and State tax provisions.
