phllax
Veteran
I don't remember seeing this in the US earning announcement anywhere, but the following is buried in the Republic Airways Holdings quarterly earning press release under thr recent business development section:
"On July 25, 2012, the Company reached an agreement in principle to sell five E190 aircraft to US Airways. The sale of the aircraft is subject to final documentation. If completed, the first two aircraft would be scheduled for delivery in the fourth quarter of 2012, with the remaining three to be delivered in early 2013."
I know these 5 airplanes don't count towards the minimum fleet count, but it's good to know there's some minor expansion of mainline flying coming, or it could be just backfill with the final East 300's being retired by year end.
I also wonder if these 5 airplanes were part of the original US order that was sold to Republic or they were new-built for Frontier.
"On July 25, 2012, the Company reached an agreement in principle to sell five E190 aircraft to US Airways. The sale of the aircraft is subject to final documentation. If completed, the first two aircraft would be scheduled for delivery in the fourth quarter of 2012, with the remaining three to be delivered in early 2013."
I know these 5 airplanes don't count towards the minimum fleet count, but it's good to know there's some minor expansion of mainline flying coming, or it could be just backfill with the final East 300's being retired by year end.
I also wonder if these 5 airplanes were part of the original US order that was sold to Republic or they were new-built for Frontier.