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Republic Airways’ profit up on branded business

Analysis

Still benefiting from the positive impact of its Frontier/Midwest acquisitions and rebranding, Republic Airways Holdings reported a 113.6% jump in operating revenues to USD683.3 million for the second quarter compared to USD320 million for the year-ago period. It reported net income of USD2.6 million for the quarter, a significant decline from the USD14.1 million of net income in 2Q2009.

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