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Stock Market & Financial Investment News

News Breaks
December 5, 2012
14:13 EDTRJETFrontier Airlines reports November RPMs, ASMs both down 9% from year ago
Frontier Airlines, a subsidiary of Republic Airways Holdings (RJET), reported preliminary traffic results for November. For the month, Frontier's load factor was flat at 88%. Frontier's traffic decreased 9% from November 2011, to 913.02M revenue passenger miles on a 9% decrease in capacity to 1.03B available seat miles. Frontier Airlines served 1.02M passengers in November, down 12% from last year.
News For RJET From The Last 14 Days
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September 21, 2014
12:07 EDTRJETTAT Technologies unit signs maintenance agreement with Republic Airways
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September 17, 2014
08:08 EDTRJETUnited Continental adding 50 E175 aircraft to United Express fleet
United Airlines (UAL) will amend its existing agreement with regional carrier Shuttle America, to add 50 E175 aircraft. Shuttle America's parent company, Republic Airways Holdings (RJET), will determine which of its carriers will operate the new 76-seat aircraft under the United Express brand. United anticipates deliveries will begin in July 2015 and continue through the summer of 2017.
07:06 EDTRJETEmbraer and Republic Airways sign a contract for 50 firm E175 jets
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05:22 EDTRJETRepublic Airways acquires 50 new Embraer E175 aircraft
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05:20 EDTRJETRepublic Airways to expand regional jet operations with United Airlines
Republic Airways (RJET) announced that it has reached an agreement to amend its existing Shuttle America E-Jet capacity purchase agreement, or CPA, with United Airlines (UAL) to add 50 new Embraer 76-seat E175 aircraft. The duration of each aircraft under the E-Jet CPA will be 12 years. As a part of the amendment, Shuttle and United have agreed to extend the duration of the term of the agreement for the existing 38 E170 aircraft, with new expiration dates ranging from September of 2019 through December of 2022. Republic also reached an agreement with United to amend its Q400 CPA allowing for a wind-down schedule beginning in January 2015 and ending in September 2016. Republic Airlines currently operates 31 Q400 aircraft under the Q400 CPA. Republic has entered into a sublease with Flybe Limited, a UK airline, for 24 Q400 aircraft, with deliveries to Flybe coordinated with the removal of the aircraft from United service. The remaining Q400 aircraft will be sold, leased or returned to the lessor after removing them from United service.
September 8, 2014
18:16 EDTRJETRepublic Airways reports August revenue passenger miles up 11% vs. last year
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