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Republic Airways Holdings Extends Frontier Airlines Sale Deadline

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

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Republic Airways Holdings's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the summary of risk factors contained in our earnings release.