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SKYWEST INC

For the period ended Dec 31, 2023. Filed Feb 15, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 15, 2024

SKYW$83.76+0.3%Stored close · as of Nov 10, 2026

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Item 15. Exhibits and Financial Statement Schedules

(a)Documents Filed:
1.Financial Statements: Report of Independent Registered Public Accounting Firm (PCAOB ID: 42), Consolidated Balance Sheets as of December 31, 2023 and 2022, Consolidated Statements of Comprehensive Income for the years ended December 31, 2023, 2022 and 2021, Consolidated Statements of Cash Flows for the years ended December 31, 2023, 2022, and 2021, Consolidated Statements of Stockholders’ Equity for the years ended December 31, 2023, 2022, 2021, and 2020 and Notes to Consolidated Financial Statements.
2.Financial Statement Schedule. The following consolidated financial statement schedule of our company is included in this Item 15.
•Schedule II—Valuation and qualifying accounts

All other schedules for which provision is made in the applicable accounting regulations of the Securities and Exchange Commission are not required under the related instructions or are not applicable, and therefore have been omitted.

(b)Exhibits
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NumberExhibit DescriptionFormDate of First FilingExhibit NumberFile Number
3.1Restated Articles of IncorporationS-3November 18, 20053.1333-129831
3.2Amended and Restated Bylaws10-KFebruary 24, 20123.2​
4.1Specimen of Common Stock CertificateS-3July 28, 20004.1333-42508
4.2Warrant Agreement, dated as of April 23, 2020, by and between SkyWest, Inc. and the United States Department of the Treasury10-QAugust 7, 20204.1​
4.3Form of Warrant (incorporated by reference to Annex B of Exhibit 4.2)10-QAugust 7, 20204.2​
4.4Warrant Agreement, dated as of September 29, 2020, by and between SkyWest, Inc. and the United States Department of the Treasury10-QNovember 5, 20204.1​
4.5Form of Warrant (incorporated by reference to Annex B of Exhibit 4.4)10-QNovember 5, 20204.2​
4.6Warrant Agreement, dated as of January 15, 2021, by and between SkyWest, Inc. and the United States Department of the Treasury10-KFebruary 22, 20214.6​
4.7Form of Warrant (incorporated by reference to Annex B of Exhibit 4.6)10-KFebruary 22, 20214.7​
4.8Warrant Agreement, dated as of April 23, 2021, by and between SkyWest, Inc. and the United States Department of the Treasury10-QMay 6, 20214.3​
4.9Form of Warrant (incorporated by reference to Annex B of Exhibit 4.8)10-QMay 6, 20214.4​
4.10Description of Registered Securities10-KFebruary 18, 20204.2​
*10.1Amended and Restated Delta Connection Agreement, dated as of September 8, 2005, between SkyWest Airlines, Inc. and Delta Air Lines, Inc.8-K/AFebruary 21, 20061.1​
*10.2United Express Agreement dated July 31, 2003, between United Air Lines, Inc., and SkyWest Airlines, Inc.10-QNovember 14, 200310.1​
10.3Lease Agreement dated December 1, 1989 between Salt Lake City Corporation and SkyWest Airlines, Inc.10-KMarch 31, 1992(1)​
10.4Master Purchase Agreement dated November 7, 2000 between Bombardier, Inc. and SkyWest Airlines, Inc.10-QFebruary 13, 200110.1​
*10.5Supplement to Master Purchase Agreement dated November 7, 2000 between Bombardier, Inc. and SkyWest Airlines, Inc.10-QNovember 14, 200310.2​
+10.6SkyWest, Inc. 2002 Deferred Compensation Plan, as amended and restated, effective January 1, 200810-KFebruary 23, 200910.12​
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NumberExhibit DescriptionFormDate of First FilingExhibit NumberFile Number
+10.7First Amendment to the Amended and Restated SkyWest, Inc. 2002 Deferred Compensation Plan10-KFebruary 23, 200910.12(A)​
+10.8SkyWest, Inc. 2009 Employee Stock Purchase Plan10-KFebruary 23, 200910.14​
+10.9SkyWest, Inc. 2010 Long-Term Incentive PlanSchedule 14AMarch 12, 2010Appendix A​
+10.10Form of Restricted Stock Unit Award Agreement10-KFebruary 27, 201710.11​
+10.11Form of Performance Share Award Agreement10-KFebruary 27, 201710.12​
*10.12Aircraft Purchase Agreement, dated December 7, 2012, between Mitsubishi Aircraft Corporation and SkyWest, Inc.8-K/AJune 25, 201310.1​
*10.13Letter Agreement dated December 7, 2012, between Mitsubishi Aircraft Corporation and SkyWest, Inc.8-K/AJune 25, 201310.2​
*10.14Purchase Agreement COM0028-13, between Embraer S.A. and SkyWest Inc. dated February 15, 201310-Q/ANovember 4, 201310.1​
+10.15SkyWest, Inc. 2019 Long-Term Incentive PlanSchedule 14AMarch 22, 2019Appendix B​
10.16Payroll Support Program Agreement, dated of April 23, 2020, by and between SkyWest Airlines, Inc. and the United States Department of the Treasury10-QAugust 7, 202010.1​
10.17Promissory Note, dated as of April 23, 2020, issued by SkyWest Airlines, Inc. to the United States Department of the Treasury and guaranteed by SkyWest, Inc.10-QAugust 7, 202010.2​
**10.18Restatement Agreement to the Loan and Guarantee Agreement, dated of October 28, 2020, by and among SkyWest Airlines, Inc., the United States Department of the Treasury and the Bank of New York Mellon10-QNovember 5, 202010.2​
10.19Amendment to Loan and Guarantee Agreement, dated as of January 15, 2021, by and among SkyWest Airlines, Inc., the United States Department of the Treasury and the Bank of New York Mellon.10-KFebruary 22, 202110.23​
10.20Payroll Support Program Extension Agreement, dated as of January 15, 2021, by and between SkyWest Airlines, Inc. and the United States Department of the Treasury10-KFebruary 22, 202110.24​
10.21Promissory Note, dated as of January 15, 2021, issued by SkyWest Airlines, Inc. to the United States Department of the Treasury and guaranteed by SkyWest, Inc.10-KFebruary 22, 202110.25​
10.22Payroll Support Program 3 Agreement, dated as of April 23, 2021, by and between SkyWest Airlines, Inc. and the United States Department of the Treasury10-QMay 6, 202110.4​
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NumberExhibit DescriptionFormDate of First FilingExhibit NumberFile Number
10.23Promissory Note, dated as of April 23, 2021, issued by SkyWest Airlines, Inc. to the United States Department of the Treasury and guaranteed by SkyWest, Inc.10-QMay 6, 202110.5​
10.24Form of Indemnification Agreement​​Filed herewith​
21.1Subsidiaries of the Registrant10-KFebruary 22, 202121.1​
23.1Consent of Independent Registered Public Accounting Firm​​Filed herewith​
31.1Certification of Chief Executive Officer​​Filed herewith​
31.2Certification of Chief Financial Officer​​Filed herewith​
32.1Certification of Chief Executive Officer​​Filed herewith​
32.2Certification of Chief Financial Officer​​Filed herewith​
97Policy for Recovery of Erroneously Awarded Compensation​​Filed herewith​
101The following financial statements from the SkyWest Inc. Annual Report on Form 10-K for the year ended December 31, 2021, formatted in Inline Extensible Business Reporting Language (iXBRL): (i) Consolidated Balance Sheets, (ii) Consolidated Statements of Comprehensive Income, (iii) Consolidated Statements of Stockholders’ Equity, (iv) Consolidated Statements of Cash Flows, and (v) Notes to Consolidated Financial Statements, tagged as blocks of text and including detailed tags​​Filed herewith​
104Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)​​Filed herewith​
*Certain portions of this exhibit have been omitted pursuant to Rule 24b-2 and are subject to a confidential treatment request.
**Pursuant to Item 601(a)(5) of Regulation S-K promulgated by the Securities and Exchange Commission, certain exhibits and schedules to this agreement have been omitted. Such exhibits and schedules are described in the referenced agreement. The Company hereby agrees to furnish to the Securities and Exchange Commission, upon its request, any or all of such omitted exhibits or schedules.
+Management compensatory plan or arrangement.
(1)Exhibit is not available on the SEC’s website as it was filed in paper and predates EDGAR.
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