Republic Airways Holdings—parent of Republic Airlines and Shuttle America—posted second-quarter net income of $4.3 million, down 78.6% from a net profit of $20.1 million in the year-ago period. Second-quarter operating revenue dipped 1.6% year-over-year (YOY) to $337.6 million as expenses increased 7% YOY to $299.7 million, leaving an operating profit of $37.9 million, down 39.8% YOY. In a statement, Republic executives said the second-quarter results were negatively impacted by ...

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