Republic Files Registration Statement For

[USA320Pilot]

Republic Airways Holdings Announces Filing of Registration Statement for Proposed Offering of 7,000,000 Shares of Common Stock

"Proceeds from the sale of shares by the company in the offering and available cash on hand will be used for the purchase of commuter slots and the purchase of ERJ-170 aircraft and other related assets from US Airways Group, as well as other potential aircraft and asset acquisitions."

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USA320Pilot

 

[USA320Pilot]

Republic Airways seeks funds to buy US Air assets

WASHINGTON, July 1 (Reuters) - Republic Airways Holdings Inc. plans to sell up to 7 million shares of stock to raise funds to purchase assets of bankrupt US Airways Group Inc., according to a regulatory filing on Friday.

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USA320Pilot