TO SAY THAT THE PAST YEAR HAS BEEN A challenge for the US regional airline industry understates the case for a group of carriers buffeted by financial losses, capacity reductions imposed by mainline partners and efforts by those partners to restructure longstanding contracts. SkyWest Inc. Executive VP and CFO Brad Rich could have been speaking for the entire industry when he said, "This is the most challenging time we've faced in the 21 years I've been at SkyWest." "It's an incredibly ...

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