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SkyWest enters into a $573 million term loan under CARES Act

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SkyWest enters into a $573 million term loan under CARES Act

SkyWest has entered into a $573 million five-year loan and guarantee agreement with the US Treasury Department under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). On September 29, SkyWest Airlines borrowed $60 million under the facility and has until March 26, 2021 to determine...

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