INDIANAPOLIS--(BUSINESS WIRE)--Sep. 17, 2013--
Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today announced a
two-week extension of exclusivity of the sale process for Frontier
Airlines. The new deadline to enter into a definitive agreement will be
September 30, 2013.
“Sitting here today, we have made substantial progress towards reaching
a definitive agreement with the buyer and, while we can make no
assurances, we believe providing the additional time will allow for the
process to be completed,” said Republic Airways Chairman, President and
Chief Executive Officer Bryan Bedford.
About Republic Airways Holdings
Republic Airways Holdings, based in Indianapolis, Indiana, is an airline
holding company that owns Chautauqua Airlines, Frontier Airlines,
Republic Airlines and Shuttle America, collectively “the airlines.” The
airlines operate a combined fleet of more than 285 aircraft and offer
scheduled passenger service on over 1,600 flights daily to 145 cities in
the U.S. as well as to the Bahamas, Canada, Costa Rica, Dominican
Republic, Jamaica, Mexico and Turks and Caicos Islands under branded
operations at Frontier, and through fixed-fee flights operated under
airline partner brands, including AmericanConnection, Delta Connection,
United Express, and US Airways Express. The airlines currently employ
approximately 10,000 aviation professionals. For more information on
Republic Airways, please visit our website at www.rjet.com.
Source: Republic Airways Holdings Inc.
Republic Airways Holdings
Peter Kowalchuk, 317-246-2470