Richa Talwar's questions to SkyWest Inc (SKYW) leadership • Q4 2024
Question
Speaking on behalf of Michael Linenberg, Richa Talwar of Deutsche Bank asked for details on the economic terms of the recent contract extension with American Airlines and questioned the potential risk to the Essential Air Service (EAS) program under a new administration.
Answer
Chief Commercial Officer Wade Steel stated that the multiyear extension for 74 CRJ700s with American runs through most of the decade with economics very similar to the previous contract. President and CEO Chip Childs affirmed his belief in the strong, bipartisan political support for the EAS program, citing its economic benefits to communities and SkyWest's long-term plans to serve them.