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Sale Of ASA To Skywest, Inc. Finalized

Fri Sep 09, 2005 1:21 am


"Skywest, Inc. announced today that it has completed the purchase of Atlantic Southeast Airlines, Inc.,("ASA") for a purchase price of $425 million. As a result of the transaction, ASA is now a wholly-owned subsidiary of SkyWest, Inc. Together with SkyWest Airlines, Inc., ("SkyWest Airlines") SkyWest's existing wholly-owned subsidiary, the two carriers will create the largest regional airline carrier network in the domestic United States."
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RE: Sale Of ASA To Skywest, Inc. Finalized

Fri Sep 09, 2005 6:23 am

From the Delta side of things:

ATLANTA, Sept. 8, 2005 – Delta Air Lines, Inc. (NYSE: DAL) today announced that it has successfully completed the sale of Atlantic Southeast Airlines, Inc. (ASA) to SkyWest, Inc. (Nasdaq: SKYW) for a purchase price of $425 million. As a result of the completion of this transaction, ASA is now a wholly owned subsidiary of SkyWest, Inc. and will continue to operate as a Delta Connection carrier under contract with Delta through 2020.



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