SkyWest Closes on ExpressJet Acquisition
St.

St. George, Utah-based SkyWest announced today that it has completed its acquisition of Houston-based ExpressJet Holdings. Under the terms of the $133 million transaction, ExpressJet Airlines becomes a wholly owned subsidiary of Atlanta-based Atlantic Southeast Airlines (ASA), itself a unit of SkyWest. 

SkyWest confirmed its intention to combine the operations of ExpressJet and Atlantic Southeast, subject to receipt of the necessary regulatory approvals, and use ASA’s existing facilities in Atlanta as the operating headquarters of the combined company. SkyWest said the airlines will maintain separate operating certificates until the regulatory process for combining them closes. Pending receipt of the single operating certificate, ASA and SkyWest Airlines will assume certain support functions now performed by ExpressJet.