SkyWest Airlines 2012 Annual Report Download - page 42
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Complaint, which motion was denied in its entirety. Discovery in the State Court lawsuit is not yet
complete.
On October 18, 2011, Delta filed a counterclaim (the ‘‘Counterclaim’’) against SkyWest Airlines
and Atlantic Southeast. The Counterclaim contains claims for unjust enrichment and breach of contract
related to alleged non-revenue positive space flying by SkyWest and Atlantic Southeast employees for
non-Delta related business. Delta’s Counterclaim does not specify an amount of damages, but the
Counterclaim alleges, on information and belief, that Delta’s damages exceed $4.5 million. SkyWest
Airlines and Atlantic Southeast filed their reply to the Counterclaim on November 21, 2011, stating the
allegations contained in the Counterclaim stand denied by operation of law and asserting SkyWest’s and
Atlantic Southeast’s affirmative defenses. An estimated loss is accrued if the loss is probable and
reasonably estimable. Because these conditions have not been satisfied, we have not recorded a loss in
our consolidated financial statements with respect to the dispute. As of December 31, 2012, a range of
reasonably possible loss is not determinable related to the Counterclaim.
As of December 31, 2012, our estimated range of reasonably possible loss related to the dispute
was $0 to $25.8 million. SkyWest Airlines and ExpressJet continue to vigorously pursue their claims set
forth in the State Court Complaint and their defenses against Delta’s Counterclaim.
ITEM 4. MINE SAFETY DISCLOSURES
The disclosure required by this item is not applicable.
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