Republic profit increase overshadowed by loss of Frontier business

Republic Airways Holdings reported first-quarter net income of $20.2 million, up 4.5% from $19.3 million earned in the year-ago period. Revenue grew 25.3% to $363.9 million while operating expenses rose 26.5% to $298 million. Operating income incrased 20% to $65.8 million from $54.8 million. "The...

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