Utah-basedSkyWest Inc., parent of regional carriers SkyWest Airlines and ExpressJet Airlines, announced Dec. 13 the company has entered into a termination agreement with Bombardier covering the Canadian manufacturer’s residual value guarantee (RVG) agreements on 76 CRJ200 aircraft owned by SkyWest Airlines and American Airlines. Bombardier will pay SkyWest $90 million by January 2017 in exchange for the release. “Both the required sale of each aircraft and the cost ...

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