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Republic narrows 1Q loss to $7.1 million

Republic Airways Holdings (RAH), parent of Chautauqua Airlines, Frontier Airlines (F9), Republic Airlines and Shuttle America, posted a net loss of $7.1 million in the first quarter 2012, narrowed from a $22.4 million net loss in the year-ago period.

[CORRECTED] Republic Airways Holdings (RAH), parent of Chautauqua Airlines, Frontier Airlines (F9), Republic Airlines and Shuttle America, posted a net loss of $7.1 million in the first quarter 2012, narrowed from a $22.4 million net loss in the year-ago period (ATW Daily News, May 4, 2011). “The [first quarter] result was negatively impacted by expenses for aircraft, which were unassigned as well as pro-rate losses,” CFO Tim Dooley said. “The loss on these ...

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