Republic Airways Emerges from Bankruptcy | Aviation International News

Republic Airways Emerges from Bankruptcy

Finishes restructuring with single operating certificate, uniform fleet of Embraer jets

By Gregory Polek • Senior Editor

May 1, 2017

Indianapolis-based regional airline group Republic Airways Holdings has emerged from bankruptcy as privately held company following some 14 months of operations under Chapter 11 protection, the carrier announced on Monday. Now owned by “certain unsecured creditors,” Republic emerges as the world’s largest operator of Embraer E-Jets and the second largest regional airline in the U.S. The U.S. Bankruptcy Court of the Southern District of New York approved Republic’s reorganization plan on April 20. As of March 31, it operated a fleet of 170 E170/E175 dual-class aircraft and expects to expand its fleet by more than 10 percent during the remainder of this year with the delivery of 18 more E-Jets.

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