Indigo ‘hopeful’ for Frontier sale despite snag
Phoenix-based Indigo Partners has until Monday to tell Frontier parent Indianapolis-based Republic Airways Holdings whether it wants to terminate the $145 million deal.
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Republic Airways selling Frontier in $145M deal
Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. The total value of the transaction is $145 million including debt.
Republic Airways extends deadline for Frontier sale
The Indianapolis-based regional carrier plans to tie up negotiations with a prospective buyer, believed to be headed by former Spirit Airlines Inc. Chairman Bill Franke.
Frontier may become ultralow-fare carrier after acquisition
Frontier Airlines, the Denver-based airline owned by Indianapolis-based Republic Airways Holdings, may soon become a legitimate down-market competitor.
Private equity group may bid on Republic subsidiary
Spirit Airlines Inc.’s largest investor, private-equity firm Indigo Partners LLC, is preparing to sell its stake in the discount carrier in what could be preparation to make a bid for Frontier Airlines, a Cowen & Co. analyst said Wednesday.
Republic Air in agreement to sell Frontier, CEO says
Indianapolis-based Republic Airways Holdings Inc. says it has entered into a nonbinding preliminary agreement with a third party that could buy its Frontier Airlines subsidiary.
Republic Airways earnings rise despite lower revenue
The Indianapolis-based company on Thursday reported quarterly earnings of $24.6 million, a 23-percent increase over the previous year. The earnings beat consensus analyst predictions by 4 cents per share.
Most of Indiana’s largest public companies enjoyed strong 2012
Angie’s List turned a profit for the first time in nearly two decades.
Teamsters chief smacks down local pilots union
Teamsters President James Hoffa wants to rein in leaders of the pilots union at Indianapolis-based Republic Airways Holdings Inc.
Republic Airways fires president of pilots union
The move comes after years of unfruitful contract negotiations between the Indianapolis-based firm and the International Brotherhood of Teamsters Local 357.
Republic unit adds $100 carry-on fee for some passengers
Frontier Airlines, a unit of Indianapolis-based Republic Airways Holdings Inc., plans to start charging up to $100 for a carry-on bag and $2 for coffee or a full can of soda, it announced Wednesday.
Republic shares fall despite rare first-period profit
Republic Airways Holdings Inc. reported a first-quarter profit for the first time in four years Monday, but the company's stock fell Tuesday morning after the performance missed analyst forecasts.
Work rules split pilots, Republic
Republic Airways Holdings and the union that represents its pilots are so far apart in contract talks that the National Mediation Board in Washington, D.C., won’t schedule more meetings between the parties. Republic has agreed to higher pay, but the union wants significant changes to work rules that affect quality of life and, the union insists, passenger safety.
Republic unit Frontier bringing air service back to Delaware
Frontier's decision means an end to a five-year stretch in which Delaware had no commercial air service, following the abrupt shutdown and bankruptcy filing by startup carrier Skybus Airlines in 2008.
Republic’s deal with American wins court approval
American Airlines, the carrier reorganizing in bankruptcy, won court approval of an agreement for Republic Airways Holdings Inc. to operate regional jets for American.
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.
Republic Airways unit no longer on Expedia
Frontier Airlines, a unit of Indianapolis-based Republic Airways Holdings Inc., said Monday that its flights will no longer be available on online travel agency Expedia.
Man says Republic denied him interview because of tattoos
A state commission found a Florida man can proceed with a civil rights complaint against the Indianapolis-based airline after it allegedly refused to consider him for a flight attendant’s job because of the tattoos on his forearms.
Republic to fly for American, buy up to $4B in aircraft
American Airlines has signed a 12-year agreement for Republic Airways Holdings Inc. to operate 76-seat regional jets. It also agreed to purchase up to 94 new aircraft from Brazilian plane maker Embraer.
Republic shares hit two-year high on revised outlook
Stock in Republic Airways Holdings rocketed into 2013, closing 19.5 percent higher Wednesday after the Indianapolis-based company raised its quarterly outlook. The shares climbed to a two-year high Thursday morning.