Todos
← Back to Squawk list
Republic Airways Holdings files for Chapter 11
Republic Airways Holdings files for Chapter 11 bankruptcy protection (reut.rs) Más...Sort type: [Top] [Newest]
(Duplicate Squawk Submitted)
Bad news for Bombardier
The parent company of Republic Airways, one of the largest customers for Bombardier's CSeries aircraft, filed for bankruptcy protection Thursday in the United States.
http://www.castanet.net/news/Business/159414/Bad-news-for-Bombardier
Bad news for Bombardier
The parent company of Republic Airways, one of the largest customers for Bombardier's CSeries aircraft, filed for bankruptcy protection Thursday in the United States.
http://www.castanet.net/news/Business/159414/Bad-news-for-Bombardier
(Duplicate Squawk Submitted)
ANALYSIS: Biggest CSeries customer, Republic Airways, Files for Bankruptcy
Republic Airways, the biggest CSeries customer to date, has filed for Bankruptcy protection, citing the need to trim its fleet and adjust its Capacity Purchase Agreements with US legacy carriers.
http://airwaysnews.com/blog/2016/02/26/republic-files-for-bankruptcy/
ANALYSIS: Biggest CSeries customer, Republic Airways, Files for Bankruptcy
Republic Airways, the biggest CSeries customer to date, has filed for Bankruptcy protection, citing the need to trim its fleet and adjust its Capacity Purchase Agreements with US legacy carriers.
http://airwaysnews.com/blog/2016/02/26/republic-files-for-bankruptcy/
[This poster has been suspended.]
Those familiar with the program expected this. Republic owned Frontier when they ordered the Cseries. Since they sold Frontier, they have no need for the airplane. Too bad those that purchased Frontier, didn't accept those order terms. Let hope then other suspect orders don't fall apart. Bombardier went all in with this program.
You're comparing apples and oranges here...
Frontier airlines and the services Republic Airways provides to major carriers, are two different things.
Frontier doesn't need the C series, if anything they want larger airplanes to cram in more people (i.e A321) to higher they're yield.
Republic sold Frontier for a lot of reasons, one being, so Republic can focus on their "core" business. Frontier is now profitable. I sure Republic is kicking themselves because they sold off a profitable business.
Frontier airlines and the services Republic Airways provides to major carriers, are two different things.
Frontier doesn't need the C series, if anything they want larger airplanes to cram in more people (i.e A321) to higher they're yield.
Republic sold Frontier for a lot of reasons, one being, so Republic can focus on their "core" business. Frontier is now profitable. I sure Republic is kicking themselves because they sold off a profitable business.
This is more bad news for Bombardier's CSeries, Republic has a firm order of 40 with an option for another 40.
Regional flier for United Airlines files for bankruptcy protection
Republic Airways Holdings Inc., a contract flier that operates several regional flights for United Airlines out of Denver International Airport, is seeking bankruptcy protection, the first such filing by a U.S. airline in five years.
http://www.bizjournals.com/denver/news/2016/02/26/republic.html?ana=twt