Air Transport World

Republic airways holdings.(RegionalNews)

Republic Airways Holdings reported first-quarter net income of $20.2 million, up 4.5% from $19.3 million earned in the year-ago period. Revenue grew 25.3% to $363.9 million while operating expenses rose 26.5% to $298 million.

"The big news happened after the quarter closed," CEO Bryan Bedford said, referring to Frontier Airlines' cancellation of its air service agreement following Frontier's bankruptcy filing in April. …

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