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Investing.com -- SkyWest (NASDAQ:SKYW) announced plans to purchase and operate 16 new E175 aircraft as part of a multi-year contract with Delta Air.
The aircraft deliveries are expected to begin in 2027 and will replace 11 CRJ900s and 5 CRJ700s that are currently under contract with Delta.
In addition to the 16 new aircraft, SkyWest has secured firm delivery positions for 44 additional E175s from 2028 to 2032. The company also obtained purchase rights for 50 more E175 aircraft.
"The new aircraft will be used to advance SkyWest’s long-term fleet strategy and enhance its dual-class footprint," said Chip Childs, President and CEO of SkyWest.
This acquisition represents part of SkyWest’s ongoing fleet modernization efforts as the company continues its partnership with Delta Air.
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