Republic Airways can use bankruptcy to return planes
Republic Airways Holdings Inc. won permission to use the bankruptcy process to return what it says are some of its less attractive airplanes and engines.
Republic Airways Holdings Inc. won permission to use the bankruptcy process to return what it says are some of its less attractive airplanes and engines.
Allegiant will start offering the year-round flights between Indianapolis International Airport and Jacksonville International Airport on June 2.
Indianapolis-based Republic reached a watershed contract agreement with pilots last October, but it wasn’t enough to allow the carrier to regain its financial footing. Republic shares plummeted on news of the bankruptcy filing.
Landing the nonstop flight to one of the busiest airports in the world—and a major international hub—would be a boon for Indianapolis International Airport, which is highly rated for its quality but has been criticized by businesses for its lackluster selection of international nonstop destinations.
Nearly 1,510 flights remain delayed or cancelled in the aftermath of a massive weekend blizzard that slammed into the eastern U.S., wreaking havoc on travel in the nation’s busiest cities.
Airlines have cancelled about 70 flights through Saturday at Indianapolis International Airport, as a blizzard takes aim at the East Coast and large hubs such as Washington, D.C., and Baltimore.
The seasonal flights will operate twice weekly and will begin April 8. Allegiant is debuting the route with one-way promotional fares as low as $39.
The first of three weekly flights from Indianapolis International Airport to Philadelphia International Airport are set to begin April 14.
Frontier Airlines Inc.—a no-frills carrier that was sold off by Indianapolis-based Republic Airways Holdings Inc. two years ago is considering starting a formal IPO process as early as next year.
Amid the restructuring of flying contracts, Republic Airways executives clearly signaled that Chapter 11 (dubbed Plan B inside the company) remains an option if more lucrative deals with the Big Three airlines (Plan A) can’t be reached.
Republic Airways Holdings Inc. reported a smaller profit and less revenue in the third quarter due to the fallout of its recently resolved labor issues with pilots.
Republic Airways Holdings Inc. announced Tuesday that a majority of its 2,100 pilots have approved a new three-year contract, ending a years-long labor dispute that threatened to put the regional airline out of business.
Southwest Airlines Co. said it has fixed computer system failures that delayed hundreds of flights around the United States over the weekend.
Indianapolis-based Republic has been unable to fulfill an unspecified number of flights for Delta’s regional operation, Delta Connection, according to the suit filed Monday.
New flights—which start in January—will give flyers more options to get to New York City quickly.
Federal mediators set a Sept. 16 meeting that may rekindle contract negotiations with the Republic’s pilots union and help avoid a bankruptcy filing.
Republic Airways Holdings Inc. shares bounced back quickly Wednesday afternoon after the airline’s pilot union said it was ready to resume talks on a contract, easing investor concern of a possible bankruptcy.
Shares in Republic Airways Holdings Inc. continued to plunge Wednesday morning on investor concern that a bankruptcy is possible after Teamsters officials declined to force a vote on the regional carrier’s final contract offer to pilots.
Republic Airways Holdings Inc. may be moving closer to a possible bankruptcy after national Teamster officials backed a local pilot union’s decision against voting on the carrier’s final contract offer.
Republic Airways Holdings Inc. could be facing bankruptcy after a pilots union recommended against allowing members to vote on the carrier’s latest and possibly final contract offer. Company shares fell 37 percent Wednesday.