Chautauqua Airlines, a subsidiary of Republic Airways Holdings, agreed to amend its service contract with American Airlines and reduce the number of ERJ-140s it operates to 13 from 15 beginning in June. It also will lower reimbursement rates by 3% from April 1. In exchange, the date on which AA can terminate the deal shifted to March 2012 from March 2009. Chautauqua will continue to be reimbursed for the two extra ERJs unless it is able to sell, sublease or place them.

Subscribe to Access this Entire Article

"Other News - 10/24/2008" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.