Key Developments: Republic Airways Holdings Inc (RJET.O)

RJET.O on Nasdaq

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5 Feb 2016
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Latest Key Developments (Source: Significant Developments)

Republic Airways Holdings Inc pilots ratify three-year contract
Tuesday, 27 Oct 2015 12:51pm EDT 

Republic Airways Holdings Inc:Airways' pilots ratify three-year contract.Says international brotherhood of teamsters' have voted by a margin of 76% to ratify a new three-year contract.Says three-year agreement becomes effective on or about November 1.The agreement invests approximately $50 million a year on average over the three-year duration of the new agreement.Says new agreement includes significant improvements in work rules and pilot quality of life.Says agreement includes a $40/hr first year new hire rate.  Full Article

Teamsters Local 357, Republic Airways reach tentative agreement on new contract
Monday, 28 Sep 2015 01:32pm EDT 

Republic Airways Holdings and Teamsters Local 357:Have reached a consensual tentative agreement on terms of a new three-year contract for the 2,100 Republic pilots represented by the International Brotherhood of Teamsters.  Full Article

Republic Airways names Joe Allman as new CFO
Wednesday, 5 Aug 2015 09:13pm EDT 

Republic Airways Holdings Inc:Announces the departure of executive vice president, chief financial officer tim dooley and the appointment of joe allman to senior vice president, chief financial officer.  Full Article

Republic Airways Holdings Inc releases statement on IBT lawsuit - Reuters
Sunday, 12 Jul 2015 08:00pm EDT 

Republic Airways Holdings Inc:Says On July 9, 2015, international brotherhood of teamsters (ibt) local 357 filed suit against co.Says IBT, co are currently in middle of negotiations supervised by National Mediation Board for amended collective bargaining agreement.Says Teamsters suit "alleged co unilaterally increased compensation for pilots and new hires in violation of the railway labor act".  Full Article

Republic Airways Holdings Inc and Purdue University announce partnership
Friday, 10 Apr 2015 12:30pm EDT 

Republic Airways Holdings Inc and Purdue University:Says that they have entered into an agreement to launch an new partnership that will match students from one of the aviation programs with a career track at the operator of Embraer aircraft.  Full Article

Republic Airways to expand partnership with Delta Air Lines
Thursday, 11 Dec 2014 07:18pm EST 

Republic Airways Holdings Inc:Reaches an amendment to its Capacity Purchase Agreement with Delta Air Lines to operate nine additional 69-seat E170 aircraft.Aircraft are scheduled to be placed into service between the 3(rd)quarter of 2015 and the 2nd quarter of 2016 and will operate for a term of six years per aircraft.Also agreed to extend the term of the agreement for the existing 14 E170 aircraft by four years, or through Oct. 2021, and the existing 16 E175 aircraft by about five years, or through Feb. 2024.  Full Article

Republic Airways Holdings Inc reaffirms FY 2014 revenue guidance; raises low end of prior FY 2014 EPS guidance; gives Q4 2014 guidance in line with analysts' estimates - Conference Call
Wednesday, 29 Oct 2014 10:00am EDT 

Republic Airways Holdings Inc:Expects FY 2014 operating revenues in the range of $1.35 billion to $1.4 billion.Expects FY 2014 pretax margin should come in around 8.5pct, this should result in earnings in range of $1.35 to $1.40 per diluted share for FY 2014.Expects Q4 2014 operating revenue in the range of $340 million to $350 million.Expects Q4 2014 pretax margins in the range of 8 pct to 9pct, this result should produce Q4 2014 earnings in the range of $0.35 to $0.40 per diluted share.Q4 2014 revenue of $350 million and EPS of $0.36 - Thomson Reuters I/B/E/S.FY 2014 revenue of $1.38 billion and EPS of $1.34 - Thomson Reuters I/B/E/S.  Full Article

Republic Airways Holdings Inc reaffirms FY 2014 revenue guidance; raises low end of prior FY 2014 EPS guidance; gives Q3 2014 guidance below analysts' estimates - Conference Call
Thursday, 7 Aug 2014 10:30am EDT 

Republic Airways Holdings Inc:Anticipates FY 2014 operating revenues in the range of 1.35 to 1.40 billion which is unchange.Says FY 2014 text margin range it has tightened to between 8.0pct and a .5pct that would result in earnings per share in the range of $1.25 to $1.40.Expects Q3 2014 operating revenues in the range of 340 million to 350 million.Expects pretax margin range in Q3 2014 of 7.5pct to 8.5pct and that should produce earnings in the range of $0.30 to $0.35 per diluted share.Q3 2014 revenue of $354 million and EPS of $0.37 - Thomson Reuters I/B/E/S.FY 2014 revenue of $1.39 billion and EPS of $1.34 - Thomson Reuters I/B/E/S.  Full Article

Republic Airways Holdings Inc reaffirms Q2 2014 revenue guidance; raises Q2 2014 EPS guidance
Wednesday, 9 Jul 2014 04:09pm EDT 

Republic Airways Holdings Inc:Expects Q2 2014 operating revenues to be in the range of $340 to $350 (no change from previous range).Expects Q2 2014 diluted earnings per share to be in the range of $0.35 to $0.40 (previous range was $0.30 to $0.35).Q2 2014 revenue of $349 million and EPS of $0.34 - Thomson Reuters I/B/E/S.  Full Article

Republic Airways Holdings Inc reaffirms FY 2014 revenue guidance; raises FY 2014 EPS guidance
Wednesday, 30 Apr 2014 06:30pm EDT 

Republic Airways Holdings Inc:Updates FY 2014 guidance.Sees FY 2014 revenues to be $1.35 bln - $1.40 bln.Sees FY 2014 EPS to be $1.2 - $1.4 it is a raise from previous range of $0.90 - $1.20.FY 2014 revenues of $1.39 bln and EPS of $1.1 - Thomson Reuters I/B/E/S.  Full Article

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