Republic Airways Holdings felt the pinch of rapid expansion in the third quarter, reporting net income of $3.3 million, an 80.8% drop from $17 million earned in the year-ago period. Republic owns Republic Airways, Shuttle America, Chautauqua Airlines, Midwest Airlines, Frontier Airlines and Lynx Aviation. Midwest, Frontier and Lynx were acquired during the third quarter. Revenue fell 6.7% to $359.6 million while expenses were down 0.6% to $323 million. The operating loss of $32 million was ...

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