Republic Airways Holdings reported $19.3 million in net income for the first quarter, a 14.1% increase over the same period a year ago, as operating revenues rose 12.9% to $290.4 million while expenses grew 12.5% to $235.6 million to produce an operating income of $54.8 million, up 14.4%. CEO and Chairman Bryan Bedford cautioned that financial results for the second and third quarters could be impacted by an unexpectedly high pilot attrition rate, which doubled to 20% in the first ...

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