Republic Airways says capacity purchase agreement contracts with major airline partners will expire on about half of its 50-seat Embraer ERJ-145s in the next three years. As previously reported by Aviation Week, Republic CEO Bryan Bedford told employees last month that the airline has “a significant operating cost problem” with its 50-seat aircraft because of “escalating maintenance costs, above-market lease rates and uneconomic fixed-fee reimbursement rates.” It plans to negotiate with ...
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