Republic attracts 600 applications for first aviation training school class
The first group of future pilots at the Leadership in Flight Training, or LIFT, Academy will begin training Tuesday at the school at Indianapolis International Airport.
Republic Airways
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Republic Airways to acquire 100 passenger jets in estimated $9B deal
The Indianapolis-based parent company of Republic Airline also secured purchase rights for an additional 100 aircraft.
Republic Airways plans to churn out hundreds of pilots at new local flight school
Republic Airways Holdings Inc. plans to open an aviation school at Indianapolis International Airport that it hopes will help it address an ongoing pilot-shortage problem.
Pilots agree to contract extension with Republic Airline
The extension includes immediate pay increases and improvements to retirement contributions from the company, according to the pilots’ union.
Airline once owned by Republic might make comeback
Two business partners are looking to bring Midwest Express, also known as Midway Airlines, back to business.
Streamlined Republic Airways revamping after bankruptcy
The airline, which emerged from bankruptcy as a privately held company on April 30, said it’s strongly positioned to tackle the ongoing pilot shortage.
Judge OKs Republic Airways bankruptcy-reorganization plan
The approval clears the way for the Indianapolis-based airline to emerge from Chapter 11 as a privately held company by the end of the month.
2016 TOP STORIES: Retooled Republic preps to exit bankruptcy
Indianapolis-based Republic Airways Holdings Inc., which filed for Chapter 11 bankruptcy protection in February, says it expects to emerge from bankruptcy during the first quarter of 2017.
Republic Airways plans to emerge from bankruptcy next quarter
The Indianapolis-based airline company, which filed for Chapter 11 bankruptcy protection in February, filed its plan of reorganization this week.
Republic Airways takes huge third-quarter loss
Indianapolis-based Republic Airways Holdings Inc.—which is in the midst of Chapter 11 bankruptcy reorganization—lost a whopping $366.7 million in the third quarter as costs related to the reorganization mounted.
Shareholders of Republic Airways flex muscle in bankruptcy
Two hedge funds that own a quarter of the stock argue the Indianapolis-based carrier, which flies commuter routes on contract for the nation’s biggest airlines, really wasn’t insolvent when the company filed for bankruptcy—a move that gave it the leverage to negotiate much more favorable pacts with Delta, United and American. And with those deals now sealed, the outlook is even brighter.
American Airlines deal gets Republic closer to bankruptcy exit
Indianapolis-based Republic Airways Holdings Inc. has reached an agreement to continue providing regional flights for American Airlines—a step Republic says “clears the pathway for a successful emergence” from its Chapter 11 bankruptcy case.
Retirements, stiffer training requirements fuel pilot shortage
A University of North Dakota study predicts that annual pilot deficits will escalate over the next decade and will total 15,000 by 2026.
Republic Airways’ executive-bonus plan could face headwinds
If a bankruptcy judge approves the incentive plan, six senior executives of the commuter carrier would split as much as $4.7 million in bonuses over the next three quarters.
Republic Airways seeks relief by freeing itself of leases
As it continues to work through its Chapter 11 bankruptcy reorganization, Indianapolis-based Republic Airways Holdings Inc. is seeking to get out of leases for 29 of its airplanes and two facilities.
Republic Airways lands key deal with United Airlines
The agreement is the second with a major air carrier that could help the Indy-based company emerge from bankruptcy.
Bombardier cuts Republic jet order from production schedule
Bombardier Inc. has removed from its production schedule an order for C Series aircraft placed six years ago by Indianapolis-based Republic Airways Holdings Inc., which is in bankruptcy. The price tag was $3 billion.
Republic seeks to escape bankruptcy with Delta deal
A bankruptcy judge in New York has approved a settlement that allows the Indianapolis-based airline contractor to set more favorable terms with Delta Air Lines, one of its biggest customers.
Republic: Unsecured creditors to recoup less than 50 percent
Indianapolis-based Republic Airways Holdings Inc.’s unsecured creditors are likely to recover less than 50 cents on the dollar in the airline’s bankruptcy, and stockholders should expect nothing at all, according to a letter from the company.
Republic, Delta settle lawsuit, strike deal to continue flights
Delta Air Lines Inc. had accused Indianapolis-based Republic Airways Holdings Inc. of failing to operate a full schedule of flights for a Delta regional carrier.