Originally Posted by
ninerdriver
A number of 9E's 900s are registered to the Bank of Utah, too. It was part of an effort by Delta to raise capital when Covid first hit. That doesn't mean Skywest owns the planes.
My opinion is the same Mormons that own a large share of Skywest own a large share of the Bank of Utah.
They can use the Bank to offer reasonable interest rates that traditional banks won’t offer durning periods of negative cash flow. The reasonable/competitive interest rates can include future CPAs for Skywest airlines.
Ive heard PSA aircraft have started popping up with Bank of Utah placards, and AA and Delta have also announced CPAs with Skywest for 175 flying.