SkyWest Buys Minority Stake In Contour Airlines

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...
Christine Boynton

Christine Boynton is a Senior Editor covering air transport in the Americas for Aviation Week Network.

Subscription Required

 

SkyWest Buys Minority Stake In Contour Airlines is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.