M&A Deal Summary

SkyWest Acquires Atlantic Southeast Airlines

On September 8, 2005, SkyWest acquired aerospace company Atlantic Southeast Airlines from Delta for 425M USD

Acquisition Highlights
  • This is SkyWest’s 1st transaction in the Aerospace sector.
  • This is SkyWest’s largest (disclosed) transaction.
  • This is SkyWest’s 1st transaction in the United States.

M&A Deal Summary

Date 2005-09-08
Target Atlantic Southeast Airlines
Sector Aerospace
Buyer(s) SkyWest
Sellers(s) Delta
Deal Type Divestiture
Deal Value 425M USD

Target

Atlantic Southeast Airlines

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

Search 198,242 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

SkyWest

St. George, Utah, United States

Category Company
Founded 1972
Sector Airlines
Employees11,470
Revenue 2.9B USD (2023)
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 1 of 2
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 2
Year (2005) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-04 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.

Buy $133M

Seller(S) 1

SELLER

Delta

Atlanta, Georgia, United States

Category Company
Founded 1924
Sector Airlines
Employees103,000
Revenue 58.0B USD (2023)
DESCRIPTION
Entrance to Delta's corporate headquarters in Atlanta, Georgia.
Entrance to Delta's corporate headquarters in Atlanta, Georgia.

Delta is a global airline in the US and international markets. Delta's route network is centered around a system of hub and international gateway airports that we operate in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. Delta's network is supported by a fleet of aircraft that is varied in size and capabilities. Delta was founded in 1924 and is headquartered in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-31 Northwest Airlines

St. Paul, Minnesota, United States

Northwest Airlines was a domestic and international airline headquartered in St. Paul, Minnesota.

Buy $2.6B