INDIANAPOLIS--(BUSINESS WIRE)--Jul. 15, 2013--
Republic Airways Holdings Inc. (NASDAQ: RJET) today announced that it
has entered into an agreement with an affiliate of the Brazilian
Development Bank (BNDES) for the financing of 47 Embraer E175 aircraft.
The aircraft will provide service under the terms of the capacity
purchase agreement (CPA) with American Airlines announced in January and
will fly under the American Eagle brand.
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 over 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 American Eagle,
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 Inc.
Peter Kowalchuk – Media, 317-471-2470
Miller – Investors, 317-246-2628