Anyone over there know any of the details?

Skywest Airlines Limited Charter contract with BHP Iron Ore
Nov 03, 2011 12:05 PM EDT
LONDON -(Dow Jones)- Skywest Airlines Ltd (SKYW.LN) Thursday said it has signed a scheduled charter contract with BHP Billiton Iron Ore for air charter services from Perth to Area C and Yandi in the Pilbara region of Western Australia.

MAIN FACTS:

-Terms of the contract include:

* Contract is for the provision of scheduled jet charter services between Perth and Area C for BHP's Ore Mine for the production workers.

* Air Services Contract's term is for 12 months with an option for BHP to extend for a further 12 months from September 2012.

* Revenue of the contract billed by Skywest will be at market rates but will vary depending upon the precise number of services flown over the term; Contract includes provision for price adjustments to reflect increases in fuel prices.

-Shares of Skywest Airlines at 1448 GMT up 1.01% at 25 pence.

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