SkyWest Airlines 2003 Annual Report Download - page 6

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Explanatory Note
This Amendment No. 1 to Form 10-K/A (this “Amendment”) is filed for the purpose of providing the aggregate market value of
the common stock of SkyWest, Inc. held by non-affiliates on June 30, 2003 and the number of shares of SkyWest, Inc. common
stock outstanding as of March 8, 2004, both as indicated on the cover page hereof. This Amendment sets forth revisions to the
cover page, table of contents, page 3, Part IV and signature pages of the Annual Report on Form 10-K filed with the Securities
and Exchange Commission on March 11, 2004. This Amendment also includes updated Exhibits 31.1, 31.2, 32.1 and 32.2, as
contemplated by Rule 12b-15 promulgated under the Securities Exchange Act of 1934, as amended. In all other respects, the text
of this Amendment remains unchanged from the previously filed Annual Report on Form 10-K. All references in this
Amendment to the Annual Report on Form 10-K shall refer to this Amendment.
Forward-Looking Statements
In addition to historical information, this Annual Report on Form 10-K contains forward-looking statements. SkyWest, Inc. (the
“Company”) may, from time-to-time, make written or oral forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements encompass the Company's beliefs, expectations, hopes or intentions
regarding future events. Words such as "expects," "intends," "believes," "anticipates," "should," "likely" and similar expressions
identify forward-looking statements. All forward-looking statements included in this Annual Report on Form 10-K are made as
of the date hereof and are based on information available to the Company as of such date. The Company assumes no obligation
to update any forward-looking statement. Actual results will vary, and may vary materially, from those anticipated, estimated,
projected or expected for a number of reasons, including, among others: developments associated with fluctuations in the
economy and the demand for air travel; bankruptcy proceedings involving United Airlines, Inc.; ongoing negotiations between the
Company and its major partners regarding their contractual relationships; variations in market and economic conditions;
employee relations and labor costs; the degree and nature of competition; SkyWest’s ability to expand services in new and
existing markets and to maintain profit margins in the face of pricing pressures; and other unanticipated factors. Risk factors,
cautionary statements and other conditions which could cause actual results to differ from the Company’s current expectations are
contained in the Company’s filings with the Securities and Exchange Commission, including the section of this Report entitled
“Factors That May Affect Future Results.”
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