Who is SkyWest, Inc.?
SkyWest, Inc. is the holding company that wholly owns all SkyWest subsidiaries. Years ago, SkyWest, Inc. owned SkyWest Airlines, Scenic Airlines and an Avis car rental company. With the purchase of ASA in 2005, SkyWest, Inc. took a more active and important role as the owner of both companies. The publicly traded stock is SkyWest, Inc. stock and current SkyWest, Inc. shareholders will now be owners of both SkyWest Airlines and ASA. Operations will remain separate. Separate books are kept for each company, however, the financial public releases and SEC filings will be consolidated reports from the two airlines. What are the terms of the announcement? SkyWest, Inc. is purchasing Atlantic Southeast Airlines (ASA) from Delta Air Lines. Delta purchased ASA in 1999 and has operated it as a wholly owned subsidiary. SkyWest, Inc. will be the holding company for both SkyWest Airlines and ASA, which will remain independent companies operating under separate certificates. Why does SkyWest Inc. wa
