SkyWest Airlines 2014 Annual Report Download - page 16

Download and view the complete annual report

Please find page 16 of the 2014 SkyWest Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 178

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178

Alaska Capacity Purchase Agreement
Number of Pass-through costs
aircraft under Term / Termination or costs paid directly Incentive
Agreement contract Dates by major partner Structure Payment Structure
SkyWest Airlines CRJ 700—9 Terminates 2018 Fuel Performance based Rate per block
Alaska Agreement incentives hour, per departure
Upon expiration, Landing fees,
(fixed-fee and per aircraft
aircraft may be Station Rents,
arrangement) under contract
renewed or De-ice
extended • Insurance
US Airways Agreements
Number of Pass-through costs
aircraft under Term / Termination or costs paid directly Incentive
Agreement contract Dates by major partner Structure Payment Structure
SkyWest Airlines US CRJ 200—10 Terminates 2015 Fuel Performance based Rate per block
Airways Agreement CRJ 900—4 incentives hour, per departure
Upon expiration, Landing fees,
(fixed-fee and per aircraft
aircraft may be Station Rents,
arrangement) under contract
renewed or De-ice
extended • Insurance
SkyWest Airlines US CRJ 200—1 Terminates with None None Pro-rata sharing of
Airways Pro-rate 120- day notice the passenger fare
Agreement revenue
(revenue-sharing
agreement)
American Agreements
Number of Pass-through costs
aircraft under Term / Termination or costs paid directly Incentive
Agreement contract Dates by major partner Structure Payment Structure
SkyWest Airlines CRJ 200—12 Terminates 2016 Fuel Performance based Rate per block
American incentives hour, per departure
Upon expiration, Landing fees,
Agreement and per aircraft
aircraft may be Station Rents,
(fixed-fee under contract
renewed or De-ice
agreement) extended • Insurance
SkyWest Airlines CRJ 200—4 Terminates with None None Pro-rata sharing of
American Pro-rate 120- day notice the passenger fare
Agreement revenue
(revenue-sharing
agreement)
ExpressJet American CRJ 200—11 Terminates 2017 Fuel Performance based Rate per block
Agreement incentives hour, per departure
Upon expiration, Landing fees,
(fixed-fee and per aircraft
aircraft may be Station Rents,
agreement) under contract
renewed or De-ice
extended • Insurance
ExpressJet American CRJ 200—2 Terminates with None None Pro-rata sharing of
Pro-rate Agreement 120- day notice the passenger fare
(revenue-sharing revenue
agreement)
SkyWest Airlines and ExpressJet Delta Connection Agreements
SkyWest Airlines and ExpressJet are each parties to a Delta Connection Agreement with Delta,
pursuant to which SkyWest Airlines and ExpressJet provide contract flight services for Delta. The
SkyWest Airlines and ExpressJet Delta Connection Agreements contain multi-year rate reset provisions
that became operative in 2010 and reset each fifth year thereafter. The Delta Connection Agreements
also provide that, beginning with the fifth anniversary of the execution of the agreements (September 8,
11