Articles

Republic Airways pulls out of earnings dive

Restructuring efforts at Republic Airways Holdings spurred the regional airline operator to a fourth-quarter profit of $12.6 million, or 25 cents per share, the company announced Wednesday.

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Republic cutting up to 180 jobs in Milwaukee

Republic Airways Holdings Inc. expects to transfer 230 crew members to other cities as it cuts flights by its Frontier Airlines unit in Milwaukee, where it will eliminate as many as 180 jobs.

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Republic to cut 220 Frontier jobs in turnaround bid

Frontier Airlines will cut 4.4 percent of its work force as it reduces flight operations in Denver and Milwaukee after Indianapolis-based parent Republic Airways Holdings Inc. said the carrier would be sold or spun off.

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Republic Airways’ stock price continues to sag

Returning its Frontier unit to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will end up in bankruptcy again or Republic will become an acquisition target.

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Southwest Airlines to buy AirTran for $1.4B

Dallas-based Southwest Airlines would bump Delta Air Lines from top carrier spot at Indianapolis International Airport when it acquires Orlando-based-based AirTran in a deal announced Monday. Southwest/AirTran would have about 33 percent of the Indianapolis market, airport officials said.

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Republic Airways lands $110,000 in federal penalties

Federal regulators say Republic delayed filing financial reports for subsidiaries Chautauqua Airlines, Republic Airline and Shuttle America. it is the second proposed sanction levied against the Indianapolis-based carrier this year.

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Republic Airways profit dips despite higher revenue

The 2009 acquisition of Frontier and Midwest airlines more than doubled second-quarter revenue for Indianapolis-based Republic
Airways Holdings Inc., the company said late Tuesday, but profit fell because of additional expenses.

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