Airlines
Republic Airways Declares Bankruptcy
One of Bombardier C Series' largest customers begins restructuring
A Republic Embraer E170 approaches Connecticut's Bradley International Airport. (Photo: Flickr: Creative Commons (BY-SA) by redlegsfan21)
A Republic Embraer E170 approaches Connecticut's Bradley International Airport. (Photo: Flickr: Creative Commons (BY-SA) by redlegsfan21)

Indianapolis-based Republic Airways, one of the largest regional airlines in the U.S., filed for Chapter 11 bankruptcy protection on Thursday, leaving lease deals on several regional jets subject to restructuring and imperiling an order for 40 Bombardier C Series narrowbodies. One of the C Series largest customers, Republic accounts for some 16 percent of the total firm order backlog of 243 C Series jets.