Republic Airways to Add up to 300 Jobs at its Indianapolis Operations
The job additions are part of the Company's consolidation of its business operations functions to its Indianapolis headquarters. The move will include consolidation of administrative and operating functions to capture synergies across all lines of business.
The consolidation will affect approximately 140 operations employees currently based in Denver and is expected to be completed by the second quarter of 2010. Positions to be relocated include dispatchers, engineers, crew schedulers and other operations functions. The balance of the new positions in Indianapolis is expected to come from new job growth and additional consolidation of job functions throughout the Company's network.
"The move will be a seamless process for our customers and will not result in changes in flight frequency or destinations offered in our branded network," said Bryan Bedford, the airline's chairman, president and CEO. "Denver will remain by far Republic Airways' largest employment center and hub, with a continued workforce of more than 3,500 employees."
"In planning the acquisitions of Frontier and Midwest Airlines, we identified several areas where we could strengthen our business by leveraging operations and creating cost efficiencies across the Company's network," said Wayne Heller, Republic's executive vice president and chief operating officer. "This is a continuation of that process. Basing all our branded carriers' operations functions in Indianapolis will allow us to streamline our processes, reduce overhead and redundancies and better position the Company for continued success during these challenging economic times."
"As Republic Airways continues to gain strength in the airline industry, the state of Indiana is proud to be a part of its success," said Indiana Governor Mitch Daniels. "Republic is one of a growing number of companies to consolidate a significant number of jobs in Indiana because of our low-cost business environment and robust logistics sector."
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 1,600 flights daily to 121 cities in 44 states, Canada, Costa Rica, and Mexico under branded operations at Frontier, 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 approximately 11,000 aviation professionals and operate 288 aircraft.
Frontier Airlines is a wholly-owned subsidiary of Republic Airways Holdings Inc, an airline holding company that owns Chautauqua Airlines, Lynx Aviation, Midwest Airlines, Republic Airlines and Shuttle America. Currently in its 16th year of operations, Frontier is the second-largest carrier at Denver International Airport, employing approximately 4,000 aviation professionals. Frontier is made up of one of the youngest Airbus fleets in North America offering 24 channels of DIRECTV(R) service in every seatback along with a comfortable all-coach configuration. Frontier offers routes to more than 50 destinations in the U.S., Mexico and Costa Rica. In addition, Frontier and Midwest have a codeshare partnership that allows passengers of both airlines access to 60 destinations in the U.S., Mexico and Costa Rica. For more in-depth information on Frontier Airlines and to book tickets, please visit its Web site at FrontierAirlines.com.
In addition to historical information, this release contains forward-looking statements. Republic Airways may, from time-to-time, make written or oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements encompass Republic Airways' beliefs, expectations, hopes or intentions regarding future events. Words such as "expects," "intends," "believes," "anticipates," "should," "likely" and similar expressions identify forward-looking statements. All forward-looking statements included in this release are made as of the date hereof and are based on information available to Republic Airways as of such date. Republic Airways assumes no obligation to update any forward-looking statement. Actual results may vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of reasons, including, among others, the risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated into this release by reference.
SOURCE: Republic Airways Holdings Inc.
Republic Airways Holdings
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