SkyWest, Inc. Declares 63rd Consecutive Quarterly Dividend
ST. GEORGE, Utah, Feb. 21, 2011
ST. GEORGE, Utah, Feb. 21, 2011 /PRNewswire/ -- The Board of Directors of SkyWest, Inc. (Nasdaq: SKYW) declared a quarterly dividend of $.04 per share to Shareholders of record at the close of business on March 31, 2011 on all shares then issued and outstanding. The 63rd consecutive dividend will be paid on April 7, 2011. The Board of Director's regular quarterly dividend policy is based upon the Company's strong financial condition and confidence in the Company's ability to pay a regular quarterly dividend.
SkyWest, Inc. is the holding company for three scheduled passenger airline operations and an aircraft leasing company and is headquartered in St. George, Utah. SkyWest's scheduled passenger airline operations include SkyWest Airlines, Inc. ("SkyWest Airlines") also based in St. George, Utah, Atlantic Southeast Airlines, Inc. ("Atlantic Southeast") based in Atlanta, Georgia and recently acquired ExpressJet Airlines, Inc. (ExpressJet Airlines) based in Houston, Texas. SkyWest Airlines operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines. SkyWest also operates flights for AirTran Airways under a marketing agreement. Atlantic Southeast operates as United Express and Delta Connection carriers under contractual agreements with United Airlines and Delta Air Lines. ExpressJet Airlines operates as Continental Express and United Express under contractual agreements with Continental Airlines and United Airlines and is a wholly-owned subsidiary of Atlantic Southeast. System-wide, SkyWest serves markets in the United States, Canada, Mexico and the Caribbean with approximately 3,950 daily departures and a fleet of approximately 705 regional aircraft. This press release and additional information regarding SkyWest can be accessed at www.skywest.com.
SOURCE SkyWest, Inc.