Merger of key airlines at Indianapolis grounds three flights
It’s more difficult to get to New York LaGuardia and some other business hubs following the combination of Southwest Airlines and AirTran Airways.
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Republic soars as lower fuel costs prompt analyst upgrade
Shares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an upgrade and the price of jet fuel continued to moderate.
Republic orders 80 Airbus jets for Frontier
Republic’s agreement to add the Airbus planes, which have a value of about $7 billion at list prices, comes as it pursues a $120 million restructuring plan for Frontier after buying the Denver-based airline out of bankruptcy in 2009.
Pilots OK cuts, allowing Republic to pursue restructuring plan
Frontier Airlines pilots overwhelmingly approved concessions that will allow parent Republic Airways Holdings Inc. to pursue a $120 million restructuring at the unprofitable unit. Indianapolis-based Republic bought Frontier out of bankruptcy in 2009.
Republic pins Frontier Airlines’ fate to pilot vote on savings
Republic Airways Holdings Inc. is counting on pilots approving concessions to kick-start a $120 million restructuring plan at its Frontier Airlines unit, 20 months after buying the carrier out of bankruptcy.
Republic may cut Frontier stake as pilots offer concessions
Republic Airways Holdings Inc. agreed to seek new investors for Frontier Airlines, shrinking its stake to become a minority owner, in exchange for concessions from pilots at the unprofitable carrier.
High fuel prices dog Republic Airways
Indianapolis-based Republic Airways Holdings Inc. has struggled in the transition from a contract-only airline to one that offers scheduled flights.
Branson Air Express suspends Indianapolis service
The airline quietly ceased service from here after starting $59, nonstop flights last September to the Ozarks entertainment bastion.
Frontier Airlines cuts second-quarter capacity plans
Indianapolis-based Republic Airways Holdings Inc. said Monday that it is reducing growth plans for its Frontier Airlines unit because of uncertainty about future oil prices.
Republic takes quarterly loss but beats analyst estimates
Republic Airways suffered a loss in its fourth quarter as its Frontier Airlines business continued to lose money and its contract business with other airlines remained slower than in 2009. But the airline’s performance easily topped expectations of Wall Street.
Airport could land $63M annually from land redevelopment
A consultant’s long-term land-use plan approved Friday morning by the Indianapolis Airport Authority recommends expected uses such as cargo and logistics, and offbeat uses such as construction of a solar-energy farm.
Republic Airways expands contract with Delta
When the locally based airline bought Frontier and Midwest, some predicted big carriers like Delta would stop doing business with Republic.
Republic shifts eight Frontier planes to Delta
Republic Airways Holdings Inc. said on Monday that it will shift eight regional jets from flying for its Frontier Airlines unit to fly them under contract for Delta Air Lines Inc. instead.
Federal judge backs jury award in FedEx-ATA dispute
Richard Young rules that the $66 million verdict against FedEx was rational and “not monstrously excessive.”
FedEx fights to overturn jury’s $66M award to ATA
ATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it as a military-charter partner forced it into bankruptcy liquidation that spring.
Abandoned United Airlines repair base now bustling
Seven years ago, United Airlines abandoned the 1.7-million-square-foot aircraft repair base that once employed 3,000 people. Today, the mall-sized complex is humming and is essentially fully occupied.
Indianapolis air traffic rises
Double-digit growth by low-cost carriers helped overall boardings at Indianapolis International Airport increase in October.
AAR looking to fill 200 aircraft jobs in Indianapolis
New business from Delta Air Lines is increasing demand for workers at the aircraft repair center at Indianapolis International Airport.
Republic Airways prices stock offering
The Indianapolis-based company said it plans to raise $88.5 million by pricing 12 million shares of its common stock at $7.80 each in a public offering.
Republic Airways profit soars on acquisitions
Indianapolis airline plans a public offering of 12 million shares of common stock that could raise $100 million or more.