Article: SkyWest Launches Deal with Trip in Brazil, Net Down.

After studying various opportunities around the world, SkyWest Inc invested $5 million for a six percent stake in Brazilian regional TRIP Linhas Aereas based in Campinas, Brazil. Vice President and Treasurer Mike Kraupp told Regional Aviation News the investment could rise to 20-25 percent of the company with the maximum dollar value at $30 million. However, the airline must meet certain economic and financial targets over the next two to three years.

The privately owned carrier currently operates 19 turboprops including the ATR 42 and 72 as well as the Embraer Brasilia, according to its web site. However, it is currently set to add eight additional ATRs as ...

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