Travel club startup patterned after Ambassadair trying to raise $5 million
A former employee of Ambassadair travel club is trying to raise $5.3 million to finance the first six months of a business created in its image.
A former employee of Ambassadair travel club is trying to raise $5.3 million to finance the first six months of a business created in its image.
The new CEO, David Siegel, is a former CEO of US Airways Group Inc. and Avis Budget Group. He has been serving as Republic Airways' lead director.
Indianapolis-based Republic Airways Holdings Inc. on Wednesday raised its outlook related to the performance of its Frontier Airlines service.
On Dec. 21, the Federal Aviation Administration issued a final rule addressing fatigue among passenger-airline pilots.
FedEx Corp. has won an appeal that overturns a $66 million verdict in favor of defunct Indianapolis airline ATA Airlines Inc.
Coach passengers on American Airlines and US Airways Group Inc. jets have the greatest risk of hassles, according to new rankings. Southwest Airlines Co. and Frontier Airlines, a unit of Indianapolis-based Republic Airways, posted the highest scores.
Republic Airways Holdings Inc., which uses regional jets to feed traffic to major airlines, said that its November traffic rose 2 percent.
Indianapolis-based Republic Airways Holdings Inc. said it has hired GE Aviation to help it analyze and reduce its spending on fuel.
Frontier Airlines will cut 4.4 percent of its work force as it reduces flight operations in Denver and Milwaukee after Indianapolis-based parent Republic Airways Holdings Inc. said the carrier would be sold or spun off.
The Phoenix-based airline said it will permanently lay off the local fleet-service employees effective Jan. 9.
Republic Airways Holdings Inc. shares soared more than 61 percent Tuesday after the company said it would likely sell or spin off its Frontier Airlines unit.
Republic Airways pilots who fly regional jets for several airlines are voting on whether to authorize a strike if negotiators can't agree on a new contract.
Republic Airways Holdings Inc. is considering the sale of planes and airport landing rights in Washington, D.C., to help raise about $113 million in a second round of restructuring at its unprofitable Frontier Airlines unit.
Frontier Airlines, a division of Indianapolis-based Republic Airways Holdings Inc., plans to eliminate 213 jobs at Mitchell International Airport in Milwaukee, where it is also cutting flights to several cities.
Returning its Frontier unit to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will end up in bankruptcy again or Republic will become an acquisition target.
The union representing nearly 1,000 flight attendants ratified a labor agreement with Republic Airways subsidiary Frontier Airlines aimed at cutting costs.
Frontier Airlines and the union representing its nearly 1,000 flight attendants have reached a tentative agreement to trim labor costs.
The Indianapolis-based company said it spent nearly $227 million on aircraft fuel in the quarter, compared with $161 million in the same period a year earlier.
Frontier Airlines says it expects to return to normal service including a full schedule on Saturday after repairing planes that were damaged by hail.
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