Republic Airways Holdings may take control of Mokulele Airlines after the Hawaiian carrier defaulted on an $8 million loan issued by the Indianapolis-based regional operator. Republic CEO Bryan Bedford told investors that the line of credit is "fully drawn" and that "we have a payment default under the ASA of about $300,000, which if the default is not cured by the close of business [Wednesday], we will assume control of our collateral." Republic signed an agreement with Mokulele in October ...

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