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February 1, 2013
06:34 EDTRJET, ERJRepublic Airways signs component agreement with Embraer
Republic Airways (RJET) announced that it has reached an agreement with Brazilian aircraft manufacturer Embraer (ERJ) on a Flight Hour Pool Program under which Embraer will provide component support for Republic's fleet of Embraer jet aircraft. More than 400 repairable part numbers, including systems such as hydraulic, electrical and engine components will be covered under the agreement with Republic. Under the program, Republic will sell certain parts to Embraer and will lease them back over the term of the agreement.
News For 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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