SkyWest and Alaska Airlines Extend E175 Deal, Secure 44 Jet Rights

ALKALK

SkyWest and Alaska Airlines secured a multi-year contract for one Embraer E175 delivery in 2026 plus purchase rights on 44 additional jets through 2032 and options on 50 more. SkyWest ended Q4 2025 with $706.9 million in cash and marketable securities against $546.8 million in current debt, supporting fleet deliveries that underpin Alaska's regional network.

1. Contract Extension and Fleet Options

SkyWest signed a multi-year extension with Alaska Airlines for one Embraer E175 delivery in 2026 and secured purchase rights for 44 additional E175s from 2028 through 2032, plus options on 50 more jets to bolster Alaska's regional feed.

2. Delivery Schedule for Alaska Airlines

Under the agreement, Alaska Airlines will receive its first E175 in 2026 via SkyWest, aligning regional capacity plans with projected passenger growth, while further jet options offer flexibility for network expansion beyond 2028.

3. SkyWest Financial Strength Supports Deliveries

SkyWest closed Q4 2025 with $706.9 million in cash and marketable securities against $546.8 million in current debt and reduced long-term debt to $1.84 billion, providing the financial flexibility to fund fleet updates that benefit Alaska's operations.

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