SKYWEST INC 10-K

ITEM 2. PROPERTIES Flight Equipment As of December 31, 2021, our fleet under our code-share agreements consisted of the following types of owned and leased aircraft: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of Number of ​ Scheduled Average ​ ​ ​ Owned ​ Leased ​ Passenger ​ Flight ​ Cruising ​ Average Aircraft Type ​ Aircraft ​ Aircraft ​ Capacity ​ Range (miles) ​ Speed (mph) ​ Age (years) E175s 180 ​ 31 70-76 2,100 530 4.5 CRJ900s 19 ​ 25 70-76 1,500 530 11.0 CRJ700s 87 ​ 27 65-70 1,600 530 16.3 CRJ200s 135 ​ 5 50 1,500 530 19.5 Several factors may impact our fleet size throughout 2022 and thereafter, including, but not limited to, contract expirations that are not renewed, labor shortages, reductions in our prorate fleet, lease expirations that are not extended and growth opportunities. Below is our 2022 outlook on our fleet by aircraft type. Our actual future fleet size and/or mix of aircraft types will likely vary, and may vary materially, from our current fleet size due to demand uncertainty resulting from COVID-19 and other factors. ● E175s – We anticipate taking delivery of two new E175 aircraft under a capacity purchase agreement with American, 16 new E175 aircraft under a capacity purchase agreement with Delta and eleven new E175 aircraft under a capacity purchase agreement with Alaska. We anticipate financing these aircraft with debt and deliveries are anticipated to begin in 2022 and 2023. We anticipate placing the aircraft into service in 2022 and 2023. ​ ● CRJ900s – We anticipate taking delivery of 16 new E175 aircraft under a capacity purchase agreement with Delta in 2022. The 16 E175 aircraft will replace 16 CRJ900 aircraft that will be removed from the capacity purchase agreement with Delta. We are evaluating alternative uses for our CRJ900s that will be displaced in 2022. ● CRJ700s – We anticipate placing eleven used CRJ700s into service under a capacity purchase agreement with American by the end of 2023. We will use aircraft we own and were not operating under a code-share agreement with any of our major airline partners as of December 31, 2021. In January 2022, we extended the term for 19 CRJ700 aircraft under contract with United for three years with new expiration dates scheduled between 2025 and 2026. ​ ● CRJ200s – As a result of the COVID-19 demand disruption and partial recovery, we reduced the number of CRJ200s operating under code-share agreements from 190 as of December 31, 2019 to 130 as of December 31, 2020 and increased the number of CRJ200s in scheduled service to 140 aircraft as of December 31, 2021. Various factors could result in higher or lower demand for our CRJ200 fleet in 2022 and subsequent periods including, but not limited to, changes in passenger demand on routes typically serviced by CRJ200 aircraft, including our prorate routes, and anticipated costs to maintain our older CRJ200 fleet. Ground Facilities We lease many of the buildings and associated land that we occupy. Most of these leases are for facilities at airports with various government agencies that control the use of the airport. We lease maintenance, training and office facilities in Salt Lake City, Utah, and we lease additional maintenance facilities in Boise, Idaho; Fresno, California; Tucson, Arizona; Chicago, Illinois; Detroit, Michigan; Nashville, Tennessee; South Bend, Indiana; Fort Wayne, Indiana; 28 Table of Contents and San Luis Obispo, California. We also lease ticket counters, passenger hold rooms, operating areas and other terminal space in many of the airports that we serve. ​ We own our corporate headquarters facilities located in St. George, Utah and a maintenance accessory shop facility in Salt Lake City, Utah. We also own maintenance facilities on land leases with airport authorities in Milwaukee, Wisconsin; Oklahoma City, Oklahoma; Colorado Springs, Colorado; and Palm Springs, California. ​