Republic Airways remains “cautiously optimistic” about reaching a capacity purchase agreement (CPA) with American Airlines even as it eyes potential large regional jet opportunities with both Delta Air Lines and United Airlines. In a presentation at the 2012 Dahlman Rose Global Transportation Conference in New York, CFO Timothy Dooley said the ongoing bankruptcy proceedings by American parent AMR Corp. offer “significant scope relief to allow larger aircraft to operate under CPA’s with ...

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