M&A Deal Summary

SkyWest Acquires ExpressJet Airlines

On August 4, 2010, SkyWest acquired airliner ExpressJet Airlines for 133M USD

Acquisition Highlights
  • This is SkyWest’s 1st transaction in the Airlines sector.
  • This is SkyWest’s 2nd largest (disclosed) transaction.
  • This is SkyWest’s 2nd transaction in the United States.
  • This is SkyWest’s 1st transaction in Texas.
Investment Fate
  • ExpressJet Airlines was divested to a consortium of strategic buyers in 2018 for 70M USD.

M&A Deal Summary

Date 2010-08-04
Target ExpressJet Airlines
Sector Airlines
Buyer(s) SkyWest
Deal Type Add-on Acquisition
Deal Value 133M USD

Target

ExpressJet Airlines

Houston, Texas, United States
ExpressJet Airlines, Inc. is a regional air carrier which serves more than 130 scheduled destinations in North America and the Caribbean with approximately 1,200 departures per day. ExpressJet Airlines was founded in 1996 and is based in Houstion, Texas.

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Buyer(S) 1

Buyer

SkyWest

St. George, Utah, United States

Category Company
Founded 1972
Sector Airlines
Employees12,876
Revenue 3.5B USD (2024)
DESCRIPTION

SkyWest is an air service provider. SkyWest partners with network carriers including United Airlines, Delta Air Lines, US Airways, American Airlines and Alaska Airlines. SkyWest was founded in 1972 and is based in St. George, Utah.


DEAL STATS #
Overall 2 of 2
Sector: Airlines M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2010 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-08 Atlantic Southeast Airlines

United States

Atlantic Southeast Airlines, Inc. is a provider of aerospace services.

Buy $425M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 ExpressJet Airlines

Houston, Texas, United States

ExpressJet Airlines, Inc. is a regional air carrier which serves more than 130 scheduled destinations in North America and the Caribbean with approximately 1,200 departures per day. ExpressJet Airlines was founded in 1996 and is based in Houstion, Texas.

Sell $70M