SkyWest Buys Minority Stake In Contour Airlines

February 02, 2024
SkyWest Embraer 175
Credit: SkyWest Airlines
SkyWest Airlines has acquired a 25% ownership stake in Part 135 carrier Contour Airlines for $25 million. The arrangement includes an asset provisioning agreement to monetize existing Bombardier CRJ assets, SkyWest said during its 2023 fourth quarter (Q4) earnings call Feb. 1, and establishes...

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