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SkyWest Announces New Flying Agreement for 8 Additional E175 Aircraft with Alaska Airlines

SkyWest Announces New Flying Agreement for 8 Additional E175 Aircraft with Alaska Airlines
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United States , Skywest Inc , United Airlines , Skywest Airlines , Exchange Commission , American Airlines , Alaska Airlines , Delta Air Lines , Corporate Communications , Chip Childs , Skywest Leasing , West Airlines , Private Securities Litigation Reform Act , Annual Report , Quarterly Reports , Current Reports , ஒன்றுபட்டது மாநிலங்களில் , ஸ்கைவெஸ்ட் இன்க் , ஒன்றுபட்டது விமான நிறுவனங்கள் , ஸ்கைவெஸ்ட் விமான நிறுவனங்கள் , பரிமாற்றம் தரகு , அமெரிக்கன் விமான நிறுவனங்கள் , அலாஸ்கா விமான நிறுவனங்கள் , டெல்டா அேக கோடுகள் , பெருநிறுவன தகவல்தொடர்புகள் , சிப் குழந்தைகள் ,

SkyWest to Receive $250 million through Payroll Support Program 3 Under the American Rescue Plan Act of 2021

SkyWest to Receive $250 million through Payroll Support Program 3 Under the American Rescue Plan Act of 2021
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ST. GEORGE, Utah, April 23, 2021 /PRNewswire/ SkyWest, Inc. (NASDAQ: SKYW) ( SkyWest ) today announced that its wholly-owned subsidiary SkyWest Airlines has entered into a Payroll Support Program 3 Agreement with the U.S. Treasury Department to receive a total of approximately $250 million under the American Rescue Plan Act of 2021. SkyWest received half of the $250 million on April 23, 2021 and expects to receive the remaining funding during the second quarter of 2021. In consideration for the funding, approximately $45 million will be in the form of a ten-year, low interest unsecured term loan, and SkyWest will issue to the U.S. Treasury Department ( Treasury ) warrants to purchase approximately 78,317 shares of SkyWest common stock at a strike price of $57.47. ....

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SkyWest Named to the Forbes America's Best Employers 2021 List

SkyWest Named to the Forbes America s Best Employers 2021 List
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ST. GEORGE, Utah, Feb. 9, 2021 /PRNewswire/
SkyWest, Inc. (NASDAQ: SKYW) is pleased to be named to Forbes America s Best Employers 2021 list. Of the 500 employers, SkyWest is the only regional airline on the list.
We are thrilled to be recognized by Forbes as a top employer during one of our industry s most difficult periods, said Chip Childs, President & CEO of SkyWest. Our professionals continue to work together, stay flexible, and deliver excellent service, and I am humbled to be a part of this outstanding team.
Forbes selections were based on an independent survey of more than 50,000 U.S. employees. SkyWest was also named a Forbes Best Employer in 2015, and is a Glassdoor Employees Choice Award recipient for 2020 and 2021. ....

United States , Skywest Inc , United Airlines , Skywest Airlines , American Airlines , Delta Air Lines , Alaska Airlines , Forbe America , Best Employers , Chip Childs , Forbes Best Employer , Glassdoor Employee Choice Award , Skywest Leasing , West Airlines , ஒன்றுபட்டது மாநிலங்களில் , ஸ்கைவெஸ்ட் இன்க் , ஒன்றுபட்டது விமான நிறுவனங்கள் , ஸ்கைவெஸ்ட் விமான நிறுவனங்கள் , அமெரிக்கன் விமான நிறுவனங்கள் , டெல்டா அேக கோடுகள் , அலாஸ்கா விமான நிறுவனங்கள் , சிறந்தது முதலாளிகள் , சிப் குழந்தைகள் , ஃபோர்ப்ஸ் சிறந்தது முதலாளி , கண்ணாடி கதவு ஊழியர் தேர்வு விருது , ஸ்கைவெஸ்ட் குத்தகை ,

SkyWest, Inc. Announces Fourth Quarter and Annual 2020 Results

Fourth Quarter and Annual Results
Q4 2020 pre-tax loss of $59 million, net loss of $46 million, or $0.93 loss per share
Full year 2020 pre-tax loss of $7 million, net loss of $9 million, or $0.17 loss per share
Full year 2020 revenue of $2.1 billion, down 28% from 2019 due to COVID-19
As previously announced:
Acquired 21 used CRJ700 aircraft and placed the aircraft under lease with a United Express operator during Q4
Took delivery of four new E175 aircraft during Q4 under a flying contract with Delta Air Lines
SkyWest, Inc. (NASDAQ: SKYW) ( SkyWest ) today reported financial and operating results for Q4 2020, including a net loss of $46 million, or $0.93 loss per share, compared to net income of $73 million, or $1.43 per diluted share, for Q4 2019. SkyWest also reported a net loss of $9 million, or $0.17 loss per share, for the 2020 year, compared to net income of $340 million, or $6.62 per diluted share, for the 2019 year. The primary factor in Sk ....

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SkyWest to Receive $233 million through a Payroll Support Program Extension Under 2021 Appropriations Act

SkyWest to Receive $233 million through a Payroll Support Program Extension Under 2021 Appropriations Act
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ST. GEORGE, Utah, Jan. 15, 2021 /PRNewswire/ SkyWest, Inc. (NASDAQ: SKYW) ( SkyWest ) today announced that its wholly-owned subsidiary SkyWest Airlines has entered into a Payroll Support Program Extension Agreement with the U.S. Treasury Department to receive a total of approximately $233 million under the Consolidated Appropriations Act of 2021. SkyWest received half of the $233 million today and expects to receive the second half in February 2021. In consideration for the funding, approximately $40 million will be in the form of a ten-year, low interest unsecured term loan, and SkyWest will issue to the U.S. Treasury Department warrants to purchase approximately 98,815 shares of SkyWest common stock at a strike price of $40.41. ....

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