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Stock Market & Financial Investment News

News Breaks
January 9, 2012
10:40 EDTRJET
theflyonthewall.com: Republic Airways reports December traffic
The Company generated 1.7 billion revenue passenger miles, which was 3% higher than the same month last year, on an increase in capacity of 1% at 2.1 billion available seat miles. Block hours were 77,732 in December 2011, a decrease of 2% from December 2010. Consolidated load factor was 79% in December of 2011 versus 76% in the same month last year. :theflyonthewall.com



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May 14, 2012
17:18 EDTRJET
theflyonthewall.com: Republic Airways to operate 32 Q400s as United Express
Republic Airways Holdings announced that its Republic Airlines subsidiary has reached a tentative agreement to operate 32 Bombardier Q400 aircraft under the United Express brand. The Capacity Purchase Agreement is expected to become effective in the third quarter of 2012 and continue for approximately eight (8) years. The tentative agreement includes 28 aircraft currently in operation at Colgan Air and four aircraft currently operated by Republic in its brand division. The agreement with Republic is contingent on completing negotiations and reaching binding agreements with aircraft lessors and maintenance providers, which is expected to occur during the second quarter of 2012. :theflyonthewall.com