Flying Agreements Revenue and Lease, Airport Services and Other Revenues (Tables)

9 Months Ended

Sep. 30, 2021

Agreements with other airlines

Schedule of revenue by type

The following table represents the Company’s flying agreements revenue by type for the three and nine months ended September 30, 2021, and 2020 (in thousands):

	For the three months ended September 30,				For the nine months ended September 30,
	2021		2020		2021		2020
Capacity purchase agreements revenue: flight operations	$	308,273	$	175,753	$	792,501	$	674,222
Capacity purchase agreements revenue: aircraft lease and fixed revenue		282,498		208,516		770,548		619,354
Prorate agreements revenue		128,313		60,779		300,193		197,336
Flying agreements revenue	$	719,084	$	445,048	$	1,863,242	$	1,490,912

Schedule of details of agreements with other airlines

As of September 30, 2021, the Company had 486 aircraft in scheduled service or under contract under code-share agreements. The following table summarizes the significant provisions of each code-share agreement SkyWest Airlines has with each major airline partner:

United Express Agreements
Agreement	Aircraft type	Number of Aircraft	Term / Termination Dates
United Express Agreements (capacity purchase agreement)	• E175 • CRJ 700 • CRJ 200	90 19 70	• Individual aircraft have scheduled removal dates from 2022 to 2029
United Express Prorate Agreement (prorate agreement)	• CRJ 200	42	• Terminable with 120-day notice
Total under United Express Agreements		221

Delta Connection Agreements
Agreement	Aircraft type	Number of Aircraft	Term / Termination Dates
Delta Connection Agreement (capacity purchase agreement)	• E175 • CRJ 900 • CRJ 700	71 40 5	• Individual aircraft have scheduled removal dates from 2022 to 2031
Delta Connection Prorate Agreement (prorate agreement)	• CRJ 200	29	• Terminable with 30-day notice
Total under Delta Connection Agreements		145

American Capacity Purchase Agreement
Agreement	Aircraft type	Number of Aircraft	Term / Termination Dates
American Agreement (capacity purchase agreement)	• E175 • CRJ 900	6 82	• Individual aircraft have scheduled removal dates from 2024 to 2032
Total under American Agreements		88

Alaska Capacity Purchase Agreement
Agreement	Aircraft type	Number of Aircraft	Term / Termination Dates
Alaska Agreement (capacity purchase agreement)	• E175	32	• Individual aircraft have scheduled removal dates in 2030

Schedule of future minimum rental payments for operating leases

The following table summarizes future minimum rental payments primarily related to leased aircraft required under operating leases that had initial or remaining non-cancelable lease terms as of September 30, 2021 (in thousands):

October 2021 through December 2021	$	22,346
2022		80,467
2023		74,119
2024		30,426
2025		17,824
Thereafter		84,253
	$	309,435

Aircraft

Agreements with other airlines

Schedule of future minimum rental payments for operating leases

October 2021 through December 2021	$	11,388
2022		45,428
2023		44,945
2024		42,530
2025		39,082
Thereafter		155,089
	$	338,462

Airport customer service and other

Agreements with other airlines

Schedule of revenue by type

The following represents the Company’s lease, airport services and other revenue for the three and nine months ended September 30, 2021, and 2020 (in thousands):

	For the three months ended September 30,				For the nine months ended September 30,
	2021		2020		2021		2020
Operating lease revenue	$	17,746	$	7,136	$	49,154	$	27,162
Airport customer service and other revenue		7,953		5,309		23,932		19,395
Lease, airport services and other	$	25,699	$	12,445	$	73,086	$	46,557