SkyWest Airlines 2015 Annual Report Download - page 66

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62
SKYWEST, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2015
(1) Nature of Operations and Summary of Significant Accounting Policies
SkyWest, Inc. (the “Company”), through its subsidiaries, SkyWest Airlines, Inc. (“SkyWest Airlines”) and
ExpressJet Airlines, Inc. (“ExpressJet”), operates the largest regional airline in the United States. As of December 31,
2015, SkyWest and ExpressJet offered scheduled passenger and air freight service with approximately 3,400 total daily
departures to different destinations in the United States, Canada, Mexico and the Caribbean. Additionally, the Company
provides ground handling services for other airlines throughout its system. As of December 31, 2015, the Company had a
combined fleet of 702 aircraft consisting of the following:
CRJ200 CRJ700 CRJ900 ERJ135 ERJ145 E175 EMB120 Total
United ......................................
83 70 — 5 166 40 — 364
Delta .......................................
111 60 64 — — — — 235
American ...................................
31 — — — 16 — — 47
Alaska......................................
— 9 — — — 5 — 14
Aircraft in scheduled service .....................
225 139 64 5 182 45 — 660
Subleased to an un-affiliated entity ...............
2 — — — — — — 2
Other* ....................................
10 — — 4 — — 26 40
Total .......................................
237 139 64 9 182 45 26 702
*Other aircraft consisted of leased aircraft removed from service that were in the process of being returned to
the lessor and owned aircraft removed from service that were held for sale.
For the year ended December 31, 2015, approximately 57.5% of the Company’s aggregate capacity was
operated for United, approximately 33.2% was operated for Delta, approximately 6.4% was operated for American,
including the flights operated for US Airways, and approximately 2.9% was operated for Alaska.
SkyWest Airlines has been a code-share partner with Delta since 1987 and United since 1997. SkyWest Airlines
has been a code-share partner with Alaska since 2011 and American since 2012. As of December 31, 2015, SkyWest
Airlines operated as a Delta Connection carrier in Salt Lake City and Minneapolis, a United Express carrier in Los
Angeles, San Francisco, Denver, Houston, Chicago and the Pacific Northwest, an Alaska carrier in the Pacific Northwest
and an American carrier in Los Angeles and Phoenix.
On November 17, 2011, the Company’s wholly-owned subsidiaries, Atlantic Southeast Airlines, Inc. and
ExpressJet Airlines, Inc., consolidated their operations under a single operating certificate, and on December 31, 2012,
Atlantic Southeast Airlines, Inc. and ExpressJet Airlines, Inc. were merged, with the surviving corporation named
ExpressJet Airlines, Inc. (the “ExpressJet Combination”). In the following Notes to Consolidated Financial Statements,
“Atlantic Southeast” refers to Atlantic Southeast Airlines, Inc. for periods prior to the ExpressJet Combination,
“ExpressJet Delaware” refers to ExpressJet Airlines, Inc., a Delaware corporation, for periods prior to the ExpressJet
Combination, and “ExpressJet” refers to ExpressJet Airlines, Inc., the Utah corporation resulting from the combination
of Atlantic Southeast and ExpressJet Delaware, for periods subsequent to the ExpressJet Combination. Atlantic
Southeast had been a code-share partner with Delta in Atlanta since 1984. As of December 31, 2015, ExpressJet operated
as a Delta Connection carrier in Atlanta and Detroit, a United Express carrier in Chicago (O’Hare), Cleveland, Newark
and Houston and an American carrier in Dallas.