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Republic plans cost-saving changes for Chautauqua

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Republic Airways Holdings Inc. said Wednesday that it has worked out changes to its Chautauqua regional airline business that will save it roughly $45 million per year over the next five years.

Major airlines such as Delta and United hire regional operators like Republic's Chautauqua to handle flying from smaller cities to their hubs.

But the regional business has been under severe pressure because higher fuel prices have made small jets unprofitable. Republic competitor Pinnacle is in Chapter 11 protection, and Comair, the regional airline owned by Delta Air Lines Inc., flew its final flight last month.

Republic said the cost-saving moves also include an agreement between Chautauqua and Delta to operate seven more Embraer ERJ-145 planes. Those 50-seat jets had been idled, but will be flying again by the end of this year, Republic said.

"Ensuring our 50-seat aircraft remain active under agreements with our major airline partners is an important component of our Chautauqua restructuring effort," Republic CEO Bryan Bedford said.

The company said it will have more details about the Chautauqua moves when it holds its third-quarter conference call on Thursday.

Besides Chautauqua, Indianapolis-based Republic operates regional haulers Republic Airlines and Shuttle America, as well as Frontier Airlines, an independent carrier based in Denver.

Republic shares rose 7 cents, to $4.79 each, in morning trading.

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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

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