Republic Airways Holdings posted first-quarter net income of $16.9 million, a 14% increase over the $14.8 million earned in the year-ago quarter. Revenues increased 22.7% to $257.3 million while operating expenses rose 20.9% to $209.4 million. RPMs jumped 42.9% to 1.37 billion on a 36.5% increase in ASMs to 1.97 billion, sending load factor up 3.1 points to 69.9%. The parent of US Regionals Chautauqua Airlines, Republic Airlines and Shuttle America took delivery of two new Embraer 170s ...

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