Republic Airways Holdings
|Headquarters||Indianapolis, IN, USA|
|Area served||North America|
|Key people||Bryan Bedford (CEO)
(Chairman) & (President)
|Employees||In holding company (450)
In all subsidiaries(10000+)
Republic Airways Holdings, Inc. (NASDAQ: RJET) is an aviation holding corporation based in Indianapolis, Indiana, which owns four airlines operating in the United States: Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America.
Chautauqua operates regional jet (RJ) aircraft with up to 50 seats, Shuttle America operates Embraer 175 aircraft airliners with 76 seats, and Republic Airlines operates Embraer 170, 175 and 190 aircraft with 70–99 seats. Frontier Airlines operates Airbus A320 family aircraft with 120–168 seats.
- 1 Corporate governance
- 2 History
- 3 Scope clauses
- 4 Codeshare agreements
- 5 Fleet Overview
- 6 Further reading
- 7 References
- 8 External links
Republic is led by CEO and president Bryan Bedford.
The company traces its roots to Chautauqua Airlines, founded in 1973 in Jamestown, New York, by Joel and Gloria Hall. Joel had been a pilot for Mohawk Airlines. Chautauqua was one of the first airlines to fly under code shares initially with Allegheny Airlines which later became USAirways. 
In 1988, an affiliate of Guarantee Security Life Insurance Company bought the airline. In 1991, the Florida Department of Insurance took over the insurance company and its airline subsidiary after the insurance company was declared insolvent. 
In 1996, the company formally organized as a holding company.
Wexford Management of Greenwich, Connecticut, an investment company, bought the company on May 15, 1998. Wexford had also owned National Airlines (N7)  and also invested heavily in Midway Airlines (1993–2003). Wexford’s interest in distressed airline firms dates back to 1995 when the assets of MarkAir were purchased in a bankruptcy auction.
On May 26, 2004, an IPO was launched on NASDAQ under the ticker symbol RJET with Wexford Capital remaining the majority shareholder. The holding company capitalizes on the name Republic rather Chautauqua because Republic Airlines (1979–1986) has better national recognition even though the earlier Republic Airlines has no historic ties to the new company other than the name.
In September 2005, Republic purchased 113 slots at Ronald Reagan Washington National Airport, 24 at LaGuardia Airport, and 10 Embraer 170 aircraft from US Airways with an agreement to lease those assets back to US Airways. The deal was necessary for US Airways to emerge from bankruptcy protection.
On July 31, 2009, the company acquired financially troubled Midwest Airlines from TPG Capital; and on October 1, 2009, Republic acquired Frontier Airlines which was being reorganized along with Frontier Airlines Holdings Lynx Aviation in Chapter 11 bankruptcy. On April 13, 2010, Republic announced that Midwest and Frontier would combine into a single airline, keeping the Frontier Airlines name.
On October 23, 2009, Republic announced a joint venture with Mesa Air Group in which E170 routes operated by Shuttle America were transitioned to smaller Bombardier CRJ200 regional jet aircraft provided by Mesa Airlines.
In the fourth quarter of 2011, Republic announced that it would spin off Frontier as a separate company.
The separation of the four contract airlines is due to “scope clauses” between mainline pilots and each major carrier Republic feeds. These clauses regulate the size of regional jet aircraft that affiliate carriers may operate; the intent behind such clauses is to protect mainline pilots from being replaced by lower-paid regional pilots. In 2005, Republic paid a $6.6 million settlement to the Allied Pilots Association after placing Embraer 170s in service with Chautauqua Airlines as United Express, because such aircraft violated the scope clause in the pilots’ contract at American Airlines, which also contracts with Chautauqua for regional service as American Connection. To avoid further liability, Republic moved all of its Embraer 170 aircraft to Shuttle America, an airline that previously only operated Saab 340 turboprops.
Until 2009 when Republic acquired Midwest and Frontier, all of its planes flew in the colors of other airlines through code share agreements. Following is a breakdown of traffic upon all Republic Airways Holdings airlines as of December 31, 2008.
|Airline Marketing Banner Carrier "Commuter" Brand||Parent||% of Republic Traffic||Notes|
|United Express||United Continental Holdings / United Airlines||32%|
|Delta Connection||Delta Air Lines||29%|
|US Airways Express||US Airways Group / US Airways||25%|
|AmericanConnection||AMR Corporation / American Airlines||10%|
|Republic Airways Holdings / Frontier Airlines||2%
with-Frontier Airlines operated by Lynx Aviation branding
|Acquired in 2009 from Chapter 11. Merger with the surviving remains of the FAA/DOT Certificated Midwest Airlines and the remaining "YX" branded operations are to be completed by 2011.|
The airlines currently employ approximately 5,000 aviation professionals and operate 226 regional jet aircraft including 34 Embraer 175 aircraft, 76 Embraer 170 aircraft, 60 Embraer 145 aircraft, 15 Embraer 140 aircraft, 17 Embraer 135 aircraft and 24 Bombardier CRJ200 aircraft in addition to Frontier's larger Airbusses.
In February 2010, Republic Airways Holdings became one of the first customers for the 100-150 seat Bombardier CSeries aircraft. As of December 2012, Republic Airways Holdings has still not indicated which airline subsidiary unit they would be placed with, although Republic Airways Holdings CEO reported that the CSeries could be used for a new, low cost, start-up airline tied to an alliance.
Republic Airways Holdings Chautauqua Airlines
|Republic Airways Holdings Operates Chautauqua Airlines as||Flight number range||Number and type of aircraft operated||Number of seats||Notes|
|Delta Connection||DL6000-6099||22 ERJ-145||50|
|United Express||15 ERJ-145||50|
Republic Airways Holdings Frontier Airlines
||Deliveries begin late decade|
||Deliveries begin late decade|
|Embraer E-190||4||0||0||99||Operated by Republic Airlines as Frontier Airlines|
As of May 2012, Frontier's average fleet age is 6.7 years.
Republic Airways Holdings Republic Airlines
|Republic Airways Holdings Operates Republic Airlines as||Flight number range||Number and type of aircraft operated||Number of seats||Notes|
|Frontier Airlines||YX1000-1999||4 Embraer 190||99|
|Caesars Entertainment Corporation||YX6100-6200||5 Embraer 190||99|
|US Airways Express||US3100-3499||38 Embraer 175
20 Embraer 170
|United Express||UA3800-4941||32 Bombardier Q400||71/74|
|American Eagle||YX4400-4899||47 Embraer 175||76|
Republic Airways Holdings Shuttle America
|Republic Airways Holdings Operates Shuttle America as||Flight number range||Number and type of aircraft operated||Number of seats||Notes|
|16 Embraer 175
12 Embraer 170
|40 Embraer 170||6+64|
- Sandra Arnoult, "Three Heads are better than One," Air Transport World January 2006, p. 60.
- "Contact Us." Republic Airways Holdings. Retrieved on May 19, 2009.
- Sealover, Ed (July 26, 2013). "Frontier Airlines has tentative buyer". Denver Business Journal.
- International Directory of Company Histories, Vol. 38. St. James Press, 2001 via fundingunivese.com
- Republic Airways Holdings - marketwatch.com - Retrieved February 12, 2010
- Republic Airways History - republicwairways.com – Retrieved February 12, 2010
- Segal, Dave (2009-07-31). "Republic Air increases its stake in Mokulele url=http://www.starbulletin.com/business/20090731_Republic_Air_increases_its_stake_in_Mokulele.html". Honolulu Star-Bulletin.
- Daykin, Tom (2010-04-13). "New name for Midwest-Frontier airline: Frontier". Milwaukee Journal Sentinel. Retrieved 2010-04-13.
- "Does Frontier Have a Future?". BusinessWeek. 2011-11-08. Retrieved 2012-05-17.
- Republic Airways Continues Attack On Pilots Group With Sham Furloughs. Avstop.com (2011-09-08). Retrieved on 2013-08-16.
- Profile: Republic Airways Holdings Inc (RJET.O) - reuters.com - Retrieved February 13, 2010
- Bombardier Inc. (February 25, 2010). "Republic Airways Holdings Becomes First North American Customer for Bombardier CSeries Aircraft with Order for up to 80 Airliners". Retrieved December 18, 2012.
- Joshua Freed (May 23, 2012). Bloomberg BusinessWeek, ed. "Republic Airways CEO talks Bombardier jet plans". Retrieved December 18, 2012.
- Republic alludes to A320neo place holder deposit
- Frontier Airlines Fleet Age