SkyWest Reports Earnings Increase in First Quarter of 2010

SkyWest Inc., whose SkyWest Airlines and
Atlantic Southeast Airlines units provide service for United Express and Delta
Connection, reported a 60 percent increase in earnings during the first quarter
of 2010.


The St. George, Utah-based company reported
a profit of $15 million, or 26 cents per share, during the first three months
of the year, up from first-quarter 2009’s $9.4 million, or 16 cents per share.

A change in the way fuel costs were handled
resulted in decreased revenue for SkyWest, which saw revenue decline 6 percent
to $632.2 million as partners Delta Air Lines and United Airlines purchased
more of SkyWest’s fuel directly.

On March 31, 2010, SkyWest’s fleet totaled 456 aircraft, consisting of 406
regional jets (238 assigned to Delta Air Lines, Inc. (“Delta”), 161
assigned to United Air Lines, Inc. (“United”), five assigned to
AirTran Airways, Inc. (“AirTran”) and two assigned to SkyWest
Airlines) and 50 EMB-120 aircraft (39 assigned to United and 11 assigned to

SkyWest Airlines, based in St. George, Utah and ASA, based in Atlanta, Georgia are wholly owned subsidiaries of SkyWest, Inc.  SkyWest Airlines operates as United Express and Delta Connection carriers under contractual agreements with United and
Delta. SkyWest Airlines also has a marketing agreement with AirTran.
ASA operates as a Delta Connection carrier under a contractual agreement
with Delta. ASA began service as a United Express carrier on February 11, 2010 under a contractual agreement with United. System-wide, SkyWest serves a total of
approximately 226 cities in the United States, with approximately 2,600 daily departures.