Republic Airways to buy 10 planes from US Airways

Indianapolis-based Republic Airways Holdings Inc. said Wednesday it will buy 10 regional jets from US Airways and add them
to the fleet over the next nine months.

Republic spokesman Carlo Bertolini said US Airways is using the planes
to repay the $35 million it borrowed from Republic last year, plus interest. Republic will also assume the remaining debt
on the 99-seat Embraer 190AR aircraft, an amount it didn’t disclose.

US Airways announced this month that it would
consider selling 25 of its Embraer 190s to reduce capacity.

Republic said four of the jets are expected to enter
service in November and December 2009, replacing Boeing 717 aircraft that are being taken out of service at its Midwest Airlines

The other six planes are expected to enter service on Republic in the first half of next year.

The acquisitions will give Republic’s subsidiaries 145 Embraer regional jets.

Republic Airways Holdings owns
Republic Airlines, Midwest, Chautauqua Airlines, Lynx Aviation, Shuttle America and the recently-bought Frontier Airlines.

Together, the carriers operate about 1,800 daily flights, including in the United States, Canada, Mexico and Costa
Rica. Many are under regional operations for larger airlines, such as AmericanConnection, Continental Express, Delta Connection,
United Express and US Airways Express.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.