SkyWest To Shed Its Embraer Fleet

SkyWest Airlines is to divest all of its 30-seat E120 Brasilia turboprop aircraft from service by summer 2015 as it transitions to an all-jet fleet.

SkyWest Airlines is to divest all of its 30-seat E120 Brasilia turboprop aircraft from service by summer 2015 as it transitions to an all-jet fleet. 

The airline explained that the retirement of its E120 fleet is in part due to increased costs and challenges associated with new FAR 117 flight and duty rules, implemented in January 2014.

In addition, the company’s wholly owned subsidiary, ExpressJet Airlines, has agreed with United Airlines to reduce the term of its existing 50-seat ERJ145 fleet from November 2020 to December 2017, subject to certain extension rights by United.

Due to the reduction of its Embraer fleet, SkyWest expects a special charge of $55m to $70m before tax, which will hit its books in Q4 2014.

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