ST. GEORGE, Utah, May 8, 2019 /PRNewswire/ -- SkyWest, Inc.
(NASDAQ: SKYW) ("SkyWest") today announced that its Board of
Directors declared a quarterly dividend of $.12 per share, which will be paid on
July 5, 2019 to shareholders of
record at the close of business on June 28,
2019.
About SkyWest
SkyWest, Inc. is the holding company for SkyWest Airlines and
SkyWest Leasing, an aircraft leasing company. SkyWest Airlines has
a fleet of nearly 500 aircraft connecting millions of passengers
each month to over 250 destinations and provides commercial air
service in cities throughout North
America with more than 2,300 daily flights. SkyWest Airlines
operates through partnerships with United Airlines, Delta Air
Lines, American Airlines and Alaska Airlines to carry more than 38
million passengers annually. Based in St.
George, Utah, SkyWest continues to set the standard for
excellence across the regional industry with exceptional value for
customers, shareholders and its nearly 14,000 employees.
Forward Looking-Statements
In addition to historical
information, this release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Words such as "forecasts," "expects," "intends,"
"believes," "anticipates," "estimates," "should," "likely" and
similar expressions identify forward-looking statements. Such
statements include, but are not limited to, statements about the
continued demand for our product, the potential benefits resulting
from the sale of ExpressJet, including reduced risk, increased
flexibility and improved positioning for market opportunities, the
scheduled aircraft deliveries for SkyWest Airlines in upcoming
years, and related removal from service and/or placement into
service of certain aircraft, the potential benefits resulting from
the early lease buyout of certain aircraft, including increased
fleet flexibility, reduced tail risk, avoidance of lease return
costs and accretion to earnings, as well as SkyWest's future
financial and operating results, plans, objectives, expectations,
estimates, intentions and outlook, and other statements that are
not historical facts. All forward-looking statements included in
this release are made as of the date hereof and are based on
information available to SkyWest as of such date. SkyWest assumes
no obligation to update any forward-looking statements for any
reason. Readers should note that many factors could affect the
future operating and financial results of SkyWest and could cause
actual results to vary materially from those expressed in
forward-looking statements set forth in this release. These factors
include, but are not limited to, the prospects of entering into
agreements with existing or other carriers to fly new aircraft,
ongoing negotiations between SkyWest and its major partners
regarding their contractual obligations, uncertainties regarding
operation of new aircraft, the ability to attract and retain
qualified pilots, the impact of regulatory issues such as pilot
rest rules and qualification requirements, and the ability to
obtain aircraft financing.
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SOURCE SkyWest, Inc.