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January 24, 2013
06:37 EDTRJET, AAMRQ, ERJAmerican Airlines signs 12-year capacity purchase agreement with Republic
American Airlines (AAMRQ) has signed a 12-year capacity purchase agreement with Republic Airways Holdings (RJET) to provide large regional jet flying for the first time in the company's history. This agreement, which is subject to court approval, was enabled by the new pilot contract. Through the agreement, Republic Airways will acquire 53 Embraer E-175 jets featuring a two-class cabin with 12 First Class seats and 64 seats in the Main Cabin. The aircraft, which will be branded with the newly revealed American Eagle livery and operated by the Republic Airlines subsidiary of Republic Airways Holdings, will phase into operation at approximately two to three aircraft per month beginning in mid-2013. All 53 aircraft are expected to be in operation by the first quarter of 2015.
News For AAMRQ;RJET;ERJ From The Last 14 Days
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May 4, 2015
09:19 EDTRJETRepublic Airways sees Q1 EPS 13c, consensus 23c
The company expects to report first quarter net income of $6.4M or 13c per diluted share, pretax income of $11.2M and pretax margins of 3.3% on operating revenues of $341M. Revenue consensus is $348.43M. The first quarter results were negatively impacted, by among other factors, reduced operational reliability, fleet transition expenses related to the removal of Q400 and E190 aircraft from the operating fleet and employee severance costs incurred during the quarter.
April 30, 2015
06:25 EDTERJEmbraer reports Q1 EPS (34c), may not compare to consensus 31c
Reports Q1 revenue $1.06B, consensus $1.22B. Reports Q1 order backlog $20.4B.
April 21, 2015
10:01 EDTRJETOn The Fly: Analyst Downgrade Summary
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06:24 EDTRJETRepublic Airways downgraded to Hold from Buy at Evercore ISI

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