Restructuring efforts at Frontier Airlines and Chautauqua Airlines have helped parent Republic Airways Holdings (RAH) to post a net profit of $34.9 million in 2012 reversing a net loss of $90.6 million in 2011. Revenue at RAH, which also owns Republic Airlines and Shuttle America, dipped by nearly 2% to $2.81 billion but expenses also dropped by a substantial 12.5% to $2.6 billion. The firm’s operating income was $212 million – a substantial improvement on the $105.6 million operating deficit reported in 2011. Revenues at Republic Airlines fell by 10.2% to $1.38 billion due to a drop in passenger traffic.

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