Republic Airways Holdings pre-tax income for the second quarter of 2015 was $9.1 million, compared to $33.3 million for the prior year’s second quarter. Republic’s net income for the second quarter of 2015 was $4.3 million, or $0.08 per diluted share compared to prior year net income of $20.1 million or $0.38 per diluted share. The effective tax rate of 52.7% for the quarter was higher than the normalized tax rate, primarily due to the impact of miscellaneous non-deductible expenses. The second quarter 2015 financial results were negatively impacted by a significant reduction in operational reliability. The Company’s controllable completion

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In