Attached files
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| 8-K - REPUBLIC AIRWAYS HOLDINGS INC | v210177_8k.htm |
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For
Immediate release:
|
 |
Republic
Airways Holdings
Media
Contact: Carlo Bertolini
|
| Tel.
(317) 484-6069
IR
Contact: Timothy Dooley
Tel.
(317) 487-4308
|
Republic
Airways Amends Delta Agreement to Add Eight E170 Aircraft
Indianapolis
(January 31, 2011) – Republic Airways Holdings Inc. (NASDAQ: RJET) announced
today it has amended its capacity purchase agreement with Delta Air Lines to
provide for the addition of eight dual-class E170 aircraft.
The
aircraft are expected to be placed into Delta Connection service between May and
September 2011 and will have a term of six years from the in-service date for
Delta. After the addition of these aircraft, the Company and its
subsidiaries will operate a total of 48 aircraft on behalf of Delta: 16 E175s, 8
E170s, and 24 E145s.
“We are
pleased to grow our E-Jet relationship with Delta by adding these aircraft to
our existing agreement,” said Bryan Bedford, chairman, president and CEO of
Republic Airways. “This announcement reaffirms our commitment and desire to be a
solutions provider for our network airline partners.”
The eight
E170 aircraft are currently operating in service under Republic’s branded
operation, Frontier Airlines. The Company expects to utilize E145 aircraft that
are being removed from fixed-fee service with Continental in the second quarter
of 2011 and Q400 aircraft that are currently held for sale to backfill a portion
or all of the flying vacated by the removal of the E170s.
Republic
Airways Holdings, based in Indianapolis, Indiana is an airline holding company
that owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Republic
Airlines and Shuttle America, collectively "the airlines." The airlines offer
scheduled passenger service on approximately 1,500 flights daily to 129 cities
in 40 states, Canada, Costa Rica, and Mexico under branded operations at
Frontier 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 approximately
11,000 aviation professionals and operate 275 aircraft.
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8909 Purdue Rd. Suite 300 Indianapolis,
Indiana 46268 Tele: 317-484-6000 Fax: 317-484-4524
www.rjet.com