14/10/2009 19:32:00

Republic Airways to Acquire 10 Embraer 190AR Aircraft from US Airways

Republic Airways Holdings (NASDAQ: RJET) today announced that it will

acquire 10 Embraer 190AR jets from US Airways. Republic will apply the

full balance of its $35 million loan from US Airways toward the purchase

of the aircraft and assume the remaining debt on the aircraft.

Four of the 99-seat jets are expected to enter service in November and

December 2009 and will replace Boeing 717 aircraft that are being

removed from service at Republic’s Midwest Airlines. The remaining six

aircraft are expected to enter service in branded operations during the

first half of 2010. With the addition of these 10 aircraft, Republic’s

subsidiaries will operate the largest fleet of EJet aircraft in the

world with a total of 145 EJets, including 15 E190 aircraft.

“We’re pleased to work with our long-standing partner, US Airways, to

expand our fleet of EJet aircraft,” said Sean Menke, EVP and Chief

Marketing Officer of Republic Airways. “The E190 has allowed us to offer

unmatched passenger comfort while restoring service to important

destinations within our branded network, and these additional aircraft

will allow us to continue that process.”

Republic Airways Holdings, based in Indianapolis, Indiana is an airline

holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx

Aviation, Midwest Airlines, Republic Airlines and Shuttle America,

collectively “the airlines.” The airlines offer scheduled passenger

service on approximately 1,800 flights daily to 126 cities in 47 states,

Canada, Mexico and Costa Rica under branded operations at Frontier and

Midwest, and through fixed-fee airline services agreements with five

major U.S. airlines. The fixed-fee flights are operated under an airline

partner brand, such as AmericanConnection, Continental Express, Delta

Connection, United Express, and US Airways Express. The airlines

currently employ over 11,000 aviation professionals and operate 294

aircraft.

Republic Airways Holdings

Media Contact:

Carlo Bertolini,

317-484-6069

or

IR Contact:

Timothy Dooley, 317-487-4308

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
20 May
PNDORA
  Jeg har flere gange analyseret Pandora, senest den 20 april og inden da efter årsregnskabet i febr..
115
22 May
 
Hej IceT : Det er kloge ord, du kommer med her. Jeg trak mig tilbage, da jeg var 53 år. Min arbejdsp..
32
20 May
PNDORA
LCB84 Earnings yield er jo den omvendte P/E, og dermed det direkte afkast du får af den pris aktien ..
31
23 May
 
For nogle af mine kunder, laver jeg en kvartals-analyse over, hvordan de Nordiske selskabers indtjen..
25
20 May
PNDORA
investor1 Her er lidt indspark til din vurdering. Pandora tjener aktuelt 53 kr. pr. aktie om året. J..
21
19 May
BAVA
Slap dog af bamse. 1.000 i 2017 er et temmelig vildt gæt. Og det er vel at mærke et gæt, du giver jo..
15
24 May
PNDORA
Nej for det er Breaking news.
12
23 May
 
Man korser sig når man ser hvad nogle mennesker kan finde på og skrive, blot fordi de kan gøre det a..
12
23 May
 
Hold øje med at politikere og andre nu som sædvanligt vil mane os til "at stå sammen" og "ikke lade ..
12
20 May
PNDORA
Super flot Alf. Gid vi alle (mig selv incl.) ville kunne levere tilsvarende bidrag til dette forum. ..
12

P. Schoenfeld Asset Management LLP : Form 8.3 - Booker Group plc

26/05/2017 15:00:03
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: P. Schoenfeld Asset Management LLP (b) Owner or..

Alliance Trust PLC : Net Asset Value(s)

26/05/2017 13:45:51
ALLIANCE TRUST PLC                                    At the close of business on Thursday 25 May 2017: The Company's NAV per ordinary share, valued on a bid price basis with Debt at Par, was -       excluding income, 733.6p -       including income, 743.3p  The Company's NAV per ordinary share, valued on a bid price basis with Debt at Fair Value, was -       excluding income..

Statement re Notification of Transactions of Directors - GRANT OF SHARE AWARDS

26/05/2017 10:15:05
Intermediate Capital Group plc 25 May 2017 Notification of Transactions of Directors GRANT OF SHARE AWARDS In accordance with the UK Financial Services Authority Disclosure and Transparency Rule 3.1.4, the Company wishes to announce that on 25 May 2017 PLC Equity Awards and Deferred Share Awards under the Intermediate Capital Group Omnibus Plan were granted to the Directors named below over ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
GoProto to Deliver HP Multi Jet Fusion Parts to a Hungry Marketplace
2
Surgery Partners, Inc. Announces Receipt of Requisite Consents and Expiration of its Consent Solicitation Relating to its Senior Notes
3
TANGOE MERGER INVESTIGATION ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Tangoe, Inc.
4
Melco Resorts Finance Announces Pricing of Senior Notes Offering
5
American Indian College Fund Urges Supporters to Reject Proposed Federal Budget Cuts to Education as A Betrayal of American Dream and Treaty Obligations

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
26 May 2017 21:52:24
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170517.1 - EUROWEB7 - 2017-05-26 22:52:24 - 2017-05-26 21:52:24 - 1000 - Website: OKAY