Articles

Republic Airways stock in freefall after union decision

Shares in Republic Airways Holdings Inc. continued to plunge Wednesday morning on investor concern that a bankruptcy is possible after Teamsters officials declined to force a vote on the regional carrier’s final contract offer to pilots.

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Republic, Purdue team up to bolster pilot ranks

The company says the shortage is partly to blame for its decreased profits, and the university fears the low pay that’s driving the shortage could threaten student interest in its professional flight school.

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Republic on quest to quell pilot strife

A years-long contract dispute between the airline, officially Republic Airways Holdings Inc., and the labor union that represents its pilots has grown bitter under the stress of a new lawsuit.

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Republic stock surges 71 percent, reversing earlier plunge

Republic Airways Holdings Inc. shares soared Wednesday morning to their biggest-ever intraday gain, clawing back from a record plunge earlier this week caused by concern that a pilot shortage will disrupt the regional flying it does for bigger U.S. carriers.

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Teamsters sue Republic Airways over bonuses for new pilots

The Teamsters sued Republic, Shuttle America and parent Republic Airways Holdings Inc. last week in federal district court in Indianapolis. The union, which has been negotiating for a new contract since 2007, said the extra pay undercuts its bargaining position.

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