High-flying Republic sees profits soar

Republic Airways reported $79.5 million in net income for 2006, a 31.1% increase over the $60.7 million earned in 2005, as revenues grew 26.3% to $1.14 billion and operating income surged 33.9% to $212.6 million. Expenses climbed 24.7% to $930.5 million, primarily due to increases in maintenance and...

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