IBJNews

Republic aims for American's regional flights

Back to TopCommentsE-mailPrintBookmark and Share

Regional airline Republic Airways hopes to take advantage of American Airline's bankruptcy and pick up some flying on behalf of the carrier.

Tuesday night, a federal bankruptcy judge terminated the union contract of pilots working for AMR Corp., the parent company of American, and its regional airline American Eagle.

"We think last night's ruling is a beneficial one for us," Timothy Dooley, chief financial officer of Republic Airways Holdings Inc. said at a Dahlman Rose & Co. transportation conference Wednesday.

Indianapolis-based Republic currently operates 15 airplanes (44-seaters) for American out of Chicago. It also operates express flights for United Continental Holdings Inc., US Airways Group Inc. and Delta Air Lines.

Republic is assuming that American will either spin off, liquidate or shrink American Eagle as part of its restructuring.

Dooley said American could be looking for as many as 250 planes with 76 to 80 seats, configured in two classes. He said it will take more than one regional airline to fill that need and he hopes Republic will be one of those providers.

Republic also owns Frontier Airlines. Dooley reiterated the company's plans to divest Frontier, "most likely in the first half of 2013." He said Republic could spin Frontier off through an initial public offering, sell it to another airline, sell it to a private equity firm or go with some combination of those options.

ADVERTISEMENT

  • Good for Republic
    Very happy for Republic. I am quite frequently on Republic and Chataqua equipment and I think the soft product they provide through the FA and flight crews is exceptional. Oftentimes the express product they provide in connecting to the mainline fleets is superior in service IMHO. I think we are lucky to have them headquartered here in Indy.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

ADVERTISEMENT