Originally Posted by
Happyflyer
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.
There are hundreds of AA owned planes that have a Bank of Utah trustee placard.
Nothing to do with SkyWest.