SkyWest Airlines 2014 Annual Report Download - page 39
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November 30, 2020, and the lease for the shop facility is scheduled to expire on October 31,
2017.
• ExpressJet leases an aircraft hangar complex located at the Middle Georgia Regional Airport.
The complex includes a 77,000 square-foot aircraft hangar facility and 41,000 square feet of
training and office space. The lease agreement has a sixteen-year term and is scheduled to
expire on April 1, 2018. ExpressJet has subleased the hangar complex to an unrelated aircraft
maintenance provider; however ExpressJet remains obligated for payment and other obligations
of the lease under the lease agreement.
• ExpressJet leases a 68,000 square-foot facility in Houston, Texas. ExpressJet has subleased the
building to an unrelated aircraft maintenance provider; however ExpressJet remains obligated
for payment and other obligations under the lease agreement which is scheduled to expire on
October 2, 2016.
• ExpressJet leases a 57,000 square-foot training center and support space in Houston, Texas. The
lease agreement is scheduled to expire on December 31, 2027.
• ExpressJet leases a 35,000 square-foot hangar facility in Columbia, South Carolina. The lease
agreement has a five-year term and is scheduled to expire on June 30, 2015.
• ExpressJet leases a 32,000 square-foot aircraft maintenance facility in Richmond, Virginia. The
lease agreement is scheduled to expire on October 31, 2016.
• ExpressJet leases an aircraft hangar complex located at the Baton Rouge Metropolitan Airport
District. The complex includes a 27,000 square-foot hangar facility and 12,000 square feet of
office support space. ExpressJet has the right to occupy the Baton Rouge facility rent-free until
2018.
• ExpressJet leases a 27,000 square-foot aircraft maintenance hangar in Kansas City, Missouri. The
lease agreement is scheduled to expire on November 30, 2016.
• ExpressJet subleases 12,000 square-feet of hangar space in Detroit, Michigan. The term of the
sublease agreement is on a rolling 90-day basis.
Our management deems the current facilities of SkyWest, SkyWest Airlines and ExpressJet as being
suitable to support existing operations and believes these facilities will be adequate for the foreseeable
future.
ITEM 3. LEGAL PROCEEDINGS
We are subject to certain legal actions which we consider routine to our business activities. As of
December 31, 2014, our management believed, after consultation with legal counsel, that the ultimate
outcome of such legal matters was not likely to have a material adverse effect on our financial position,
liquidity or results of operations.
ITEM 4. MINE SAFETY DISCLOSURES
The disclosure required by this item is not applicable.
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