Republic Airways Holdings says it needs to attain $40-60 million in annual cost savings and productivity improvements at its Chautauqua Airlines subsidiary to make its 50-seat regional jet (RJ) operations profitable. Currently, every Chautauqua capacity purchase agreement to fly the 50-seat Embraer ERJ-145 aircraft for major airline partners is losing money, and the pro-rate contracts were so unprofitable that Republic decided to park those aircraft, Republic Chairman and CEO Bryan ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Republic Seeks Up To $60 Million In Savings To From Chautauqua Unit".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.