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.
For as little as $9, a traveler can wrap a bag in blue-colored, tamper-proof recyclable plastic film.
It’s more difficult to get to New York LaGuardia and some other business hubs following the combination of Southwest Airlines and AirTran Airways.
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’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.
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 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 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.
Indianapolis-based Republic Airways Holdings Inc. has struggled in the transition from a contract-only airline to one that offers scheduled flights.
The airline quietly ceased service from here after starting $59, nonstop flights last September to the Ozarks entertainment bastion.
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 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.
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.
When the locally based airline bought Frontier and Midwest, some predicted big carriers like Delta would stop doing business with Republic.
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.
Richard Young rules that the $66 million verdict against FedEx was rational and “not monstrously excessive.”
