Profile: Republic Airways Holdings Inc (RJET.O)

Republic Airways Holdings Inc. is a holding company. The Company offers scheduled passenger services through its wholly-owned operating air carrier subsidiaries: Chautauqua Airlines, Inc. (Chautauqua), Shuttle America Corporation (Shuttle), Republic Airline Inc. (Republic Airline) and Frontier Airlines, Inc. (Frontier). As of December 31, 2011, its operating subsidiaries offered scheduled passenger service on 1,483 flights daily to 132 cities in 42 states, Canada, Mexico, and Costa Rica under Frontier operations as Frontier and through fixed-fee code-share agreements with AMR Corp., the parent of American Airlines, Inc. (American), Continental Airlines, Inc. (Continental), Delta Air Lines, Inc. (Delta), United Air Lines, Inc. (United), and US Airways, Inc. (US Airways).

During 2011, the Company’s operational fleet was 281. The Company took delivery of eight A320 aircraft, two E190 aircraft, placed into service three A319 aircraft, sold five A318 aircraft, four of which have remained in the fleet under sale leaseback agreements, and sold one Q400. The Company also returned two E145 aircraft and three E135 aircraft to the lessors. Included in the operational fleet are 11 ERJ aircraft and one E170 aircraft that operated as charter service, serve as operational spares, or are temporarily parked.

As of December 31, 2011, the Company operated 24 E145 aircraft, 14 E170 aircraft, and 16 E175 aircraft for Delta under fixed-fee code-share agreements. As of December 31, 2011, it provided 266 flights per day as Delta Connection. As of December 31, 2011, it operated 38 E170 aircraft for United under fixed-fee code-share agreements. As of December 31, 2011, it provided 202 flights per day as United Express.

As of December 31, 2011, the Company operated 15 E140 aircraft for American under a fixed-fee code-share agreement and provided 108 flights per day as AmericanConnection. As of December 31, 2011, it operated eight E145 aircraft for Continental under a fixed-fee code-share agreement and provided 56 flights per day as Continental Express. As of December 31, 2011, 74% of its flights originate or depart from Denver International Airport, known as DIA.