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SkyWest, Inc.
SkyWest, Inc. () is the holding company for SkyWest Airlines, a North American regional airline, and an aircraft leasing company and is headquartered in St. George, Utah, United States. History Until 2005, SkyWest, Inc. was the holding company of SkyWest Airlines, its sole subsidiary at the time. This changed on August 15, 2005, when SkyWest, Inc. agreed to acquire Atlantic Southeast Airlines (ASA) from Delta amidst Delta's bankruptcy proceedings for $425 million. The bankruptcy judge approved the all-cash transaction, which helped Delta improve its liquidity; the deal closed on September 8, 2005. SkyWest Airlines and ASA have maintained separate hub feeder operations at their respective hubs. The FAA classifies SkyWest, Inc. as a major airline carrier with operating revenues of USD 3.5 billion. On August 4, 2010, the parent company, SkyWest, Inc., announced that its subsidiary ASA would acquire ExpressJet Airlines, whose feeder network is built up in the East Coast, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
