IBJNews

Republic Airways subsidiary cutting 213 jobs

Back to TopCommentsE-mailPrintBookmark and Share

Frontier Airlines, a division of Indianapolis-based Republic Airways Holdings Inc., plans to cut 213 jobs at Mitchell International Airport in Milwaukee.

Frontier said in a formal notice Friday to the Wisconsin Department of Workforce Development that the positions will be eliminated permanently in November.

Republic, which acquired Frontier out of bankruptcy in 2009, has been struggling to return the Denver-based airline to profitability.

Shares of Republic have been in a freefall since it posted a $15 million loss for its fiscal second quarter on Aug. 2, mainly due to trouble experienced by Frontier.

The company’s stock opened Monday at $2.91 a share, down nearly 50 percent in the past three months and nearly 70 percent off its 52-week high.

Frontier said last week it plans to cut nearly a third of its 67 flights from Milwaukee in November in a move to end routes that are losing money.

The Milwaukee Journal Sentinel said Frontier's service to six cities will be grounded: Green Bay and Madison, Wis.; Dayton and Cleveland, Ohio; Des Moines, Iowa; and Minneapolis.
 

ADVERTISEMENT

  • Yet another
    More unemployment. An indication that things are really not getting better economically.

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. Can your dog sign a marriage license or personally state that he wishes to join you in a legal union? If not then no, you cannot marry him. When you teach him to read, write, and speak a discernible language, then maybe you'll have a reasonable argument. Thanks for playing!

  2. Look no further than Mike Rowe, the former host of dirty jobs, who was also a classically trained singer.

  3. Current law states income taxes are paid to the county of residence not county of income source. The most likely scenario would be some alteration of the income tax distribution formula so money earned in Marion co. would go to Marion Co by residents of other counties would partially be distributed to Marion co. as opposed to now where the entirety is held by the resident's county.

  4. This is more same-old, same-old from a new generation of non-progressive 'progressives and fear mongers. One only needs to look at the economic havoc being experienced in California to understand the effect of drought on economies and people's lives. The same mindset in California turned a blind eye to the growth of population and water needs in California, defeating proposal after proposal to build reservoirs, improve water storage and delivery infrastructure...and the price now being paid for putting the demands of a raucous minority ahead of the needs of many. Some people never, never learn..

  5. I wonder if I can marry him too? Considering we are both males, wouldn't that be a same sex marriage as well? If they don't honor it, I'll scream discrimination just like all these people have....

ADVERTISEMENT