News for Republic Airways

Mar 26 · 1:09:00 PM · Source: 9News.com

Employees and supporters of Frontier Airlines are worried Republic Airways (NASDAQ:RJET) may ditch the name and "spokesanimals" when the company decides on a new brand for its subsidiaries next month, according to 9News.com. A group, calling itself "Keep the Frontier Brand and Animals!!!" on Facebook, brought forward close to 150 Frontier employees Thursday afternoon. It marched from the State Capitol in Denver, CO to the 16th Street Mall and back to rally support for Frontier's name and more than 60 animals including "Larry the Lynx" and "Grizwald the Bear," who are featured on the planes' tails.
Protestors say they are worried that if the name and animals are permanently grounded, the employees will have to start from the ground up to build trust, loyalty and reputation. "We can't start over with a generic brand," Frontier pilot and rally organizer Janet Elliott said. "This truly is a family, and you really don't see that with any other airline." Republic Airways bought Frontier Airlines last year in a bankruptcy auction for $108.8 million and moved its hub to Indianapolis. It also purchased Midwest Airlines and said it wants to re-brand the whole fleet.


Track · email · face · Twitter · digg · COMMENTS
by Steve Wieczorek

Mar 12 · 1:19:00 PM · Source: The Business Journal

The International Brotherhood of Teamsters is going to court to prevent what the union says is an attempt by Republic Airways Holdings Inc. (NASDAQ:RJET) to strip Frontier Airlines mechanics moving to Milwaukee of their union representation, according to The Business Journal. The union’s airline division late Wednesday filed a motion in U.S. District Court in Milwaukee requesting a preliminary injunction against Indianapolis-based Republic Airways — parent company for Denver-based Frontier Airlines and Midwest Airlines of Oak Creek — for allegedly abrogating its collective-bargaining contract with Frontier mechanics.
The request indicates that Republic officials intend to make Frontier mechanics at its heavy maintenance operation in Milwaukee nonunion. It requests that Frontier and Republic Airways Holdings, their officers, agents and subsidiaries maintain the status quo as it existed prior to the transfer of work from Frontier to Republic Airlines and comply with the terms of the Frontier-IBT collective bargaining agreement.


Track · email · face · Twitter · digg · COMMENTS
by Steve Wieczorek

Mar 9 · 12:05:00 PM · Source: WHBL.com

Republic Airways (NASDAQ:RJET), the new owner of Midwest Airlines has added almost 400 jobs in Milwaukee since last October, according to WHBL.com. That’s approximately half the 800 total jobs that Republic Airways promised to add by the end of this year. However, it still doesn’t come close to replacing the 2,600 jobs Midwest has dropped since the start of 2008.
Republic says it has 1,140 employees in Milwaukee and nearby Oak Creek. The new jobs are designed to boost Midwest’s market share in Milwaukee, which has dropped from 50 percent to around 35 percent.


Track · email · face · Twitter · digg · COMMENTS
by Steve Wieczorek

Feb 25 · 4:22:00 PM · Source: Reuters

Republic Airways Holdings Inc. (NASDAQ: RJET) announced today it has signed a purchase agreement for 40 Bombardier CS300 jets, part of the next-generation CSeries aircraft, worth $3.1 billion. According to Reuters and Bombardier, Republic also has options for up to an additional 40 aircraft. The aircraft, which will be configured in a single-cabin, with two-by-three seating for 138 passengers, including 25 stretch seats, is scheduled for delivery beginning in the second quarter of 2015. The aircraft are powered by Pratt & Whitney division of United Technologies Corp (NYSE:UTX) PW1000G engines. Republic has signed an exclusive 15-year PureSolution maintenance contract with Pratt & Whitney for the support of the engines.
"Republic is pleased to be the North American launch customer for the CSeries aircraft," said Bryan Bedford, chairman, president and CEO of Republic Airways. "This aircraft will bring next-generation advantages to all phases of its mission, including passenger comfort, dependability, efficiency and economics."


Track · email · face · Twitter · digg · COMMENTS
by Steve Wieczorek

Feb 22 · 9:59:00 AM

Republic Airways Holdings Inc. (NSADAQ: RJET) announced it will transition the regional service operated by its Lynx Aviation subsidiaries Bombardier Q400 turboprop aircraft to Embraer jet service operated by Republic Airlines. Operations at Lynx is expected to be phased out by mid-September 2010. Service will continue to all current Lynx destinations with the exception of Fargo, N.D. and Tulsa, Okla., where the Company will cease operations on April 5. The transition to jet service will improve the Republic’s ability to operate in highly contested markets in which the Q400 operates at a competitive disadvantage to jet service offered by competitors.
Republic Executive Vice President and Chief Operating Officer Wayne Heller. “Unfortunately, after extensive analysis and months of efforts to grow the business, we concluded we could not efficiently operate a fleet of 11 Q400 aircraft. Jet service allows us to better utilize our existing aircraft resources and lower our cost of operating and maintaining multiple fleet types.”


Track · email · face · Twitter · digg · COMMENTS
by Steve Wieczorek

Copyright © 2010 MarketBeast.com.
All rights reserved.