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Wednesday, June 20, 2018 - 5:49ET

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Skywest to Acquire 25 New Aircraft

top story photo SkyWest said it has entered into aircraft purchase and capacity purchase agreements to acquire and fly 15 new aircraft for Delta and 10 new aircraft for Alaska Airlines. Expected delivery dates of the 25 planes run from March 2018 through the end of 2018.

The carrier said it will invest $90 million in cash to acquire the 25 aircraft, and will finance the balance of the purchase price with 12-year fixed rate debt.

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