SkyWest buys stake in Contour Airlines - TravelMole


SkyWest buys stake in Contour Airlines

Monday, 05 Feb, 2024 0

Regional airline SkyWest revealed it has bought a 25% minority stake in Tennessee-based Contour Airlines.

It made the announcement during its fourth-quarter earnings call.

“We recently completed the acquisition of a 25% stake of Contour Airlines, a small operator in the Part 135 space for $25 million,” said SkyWest President Chip Childs.

Contour operates 30 aircraft on charter services with about 200 pilots.

SkyWest says Contour’s operations align closely with its newly launched SkyWest Charter (SWC) division.

It will also help provide a pipeline of qualified pilots.

“Contour is almost exactly like SWC and what we would like to accomplish with it,” Childs added.

 

  

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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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