Analysts are impressed by Bedford’s cost-cutting achievements at Republic’s scheduled-service carrier, Frontier Airlines, and his early progress in restructuring its Chautauqua unit, which flies small regional jets on contract for branded carriers.
Third quarter earnings at Republic Airways Holdings Inc. soared 186 percent over a year ago in the wake of restructuring its Frontier Airlines unit, the Indianapolis-based company announced late Wednesday.
Republic Airways Holdings Inc. said Wednesday that it has worked out changes to its Chautauqua regional airline business that will save it roughly $45 million per year over the next five years.
Republic Airways Holdings Inc. said Friday that it had agreed on a three-year deal with casino giant Caesars Entertainment Corp. to operate five Embraer E190 aircraft that will provide more than 1,500 flights each year for Caesars' customers.
Air carriers are offering more deals to passengers who book flights directly on their websites. Frontier Airlines, owned by Indianapolis-based Republic Airways Holdings Inc., is the latest carrier to jump into the fight.
The airline has asked to use a bigger plane on the route and expand service between Washington and Columbus, Ohio.
Regional airline Republic Airways hopes to take advantage of American Airline's bankruptcy and pick up some flying on behalf of the carrier.
The Indianapolis airline company earned $20 million in the second quarter after losing $14.9 million in the same quarter a year earlier.
The two sides are trying to replace a labor contract that became amendable in 2007.
Company pulls request to block Teamster website as union ramps up fight in its own lawsuit.
Performance varied widely as industries ebbed, flowed.
The CEO of feeder airline operator Republic Airways Holdings Inc. said on Wednesday that new Bombardier jets could be flown in the United States in a partnership with one of the big airline alliances.
Indianapolis-based airline holding company and its leader stir passions in city hit hard by Frontier cutbacks.
Frontier Airlines says it will cut 11 flights out of Milwaukee and put 125 workers on furlough effective June 1.
While turnaround plans at Frontier Airlines capture most of the attention, Republic Airways Holdings Inc. is also trying to revitalize its smaller Chautauqua Airlines unit.
Republic Airways Holdings Inc. on Wednesday reported higher revenue and a smaller loss in the first quarter compared to the same period a year ago.
Chautauqua Airlines Inc., Republic Airline Inc. and Shuttle America Inc. charge that a union-backed website is damaging their reputation and hindering efforts to hire pilots. Parent Republic Airways Holdings and the union are embroiled in contentious contract negotiations.
If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.
Republic Airways Holdings Inc. plans to seek reduced rates from aircraft lessors and vendors in order to cut expenses at its Chautauqua Airlines, where higher fuel prices have made the unit’s smaller jets too costly to operate.
The Indianapolis-based company’s quarterly revenue increased 7.4 percent, to $697.8 million, primarily due to an 11-percent increase in revenue from the Frontier unit.
