ST. GEORGE, Utah,
"The acquisition of ASA enhances our strategic position and accomplishes several key corporate objectives," said Bradford R. Rich, SkyWest Executive Vice President, Chief Financial Officer and Treasurer. "We are pleased that the deal has been consummated, but remain focused on the importance of serving our customers and providing a productive work environment for our employees," he continued.
For the foreseeable future, SkyWest intends to operate SkyWest Airlines and ASA as wholly-owned subsidiaries, with separate labor groups and FAA operating certificates.
For the first year following the closing of the transaction, Delta has agreed to continue to provide to ASA certain transitional administrative and information technology services. SkyWest expects those functions will be transitioned to SkyWest personnel over the course of the coming year. As part of its planned transition, SkyWest intends to launch an intense "best practices" initiative to identify and capitalize on the strengths of each of SkyWest Airlines and ASA and to realize potential efficiencies.
SkyWest does not currently intend to make any significant changes to the operating schedules or aircraft deployment of either SkyWest Airlines or ASA. Customers of both carriers can continue to expect to receive the superior high-quality service to which they have become accustomed. Combined, SkyWest Airlines and ASA will have primary hubs in
ASA and SWA Delta Connection Agreements
The new Delta Connection agreements provide for each of SkyWest Airlines and ASA to continue flying as Delta Connection Carriers for terms of 15 years.These agreements will continue to be capacity purchase arrangements with both carriers being compensated in a manner substantially similar to their prior agreements.
SOURCE SkyWest, Inc.