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Republic suffers slight profit drop

Republic Airways Holdings saw its second-quarter profit dip 6% to $19 million from $20.3 million in the year-ago quarter on a 12.7% increase in revenue to $320.3 million. Operating expenses climbed 14.7% to $265.7 million and operating income was up 3.8% to $54.5 million. Republic operates as Republic Airlines, Chautauqua Airlines and Shuttle America. During the quarter it took delivery of seven E-175s to be operated under a fixed-fee contract for US Airways and eight CRJ200s to be flown for Continental Airlines on short-term leases.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.