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Republic Airways to acquire 10 Embraer 190AR aircraft from US Airways

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14-Oct-2009 Republic Airways Holdings (NASDAQ: RJET) today announced that it will acquire 10 Embraer 190AR jets from US Airways. Republic will apply the full balance of its $35 million loan from US Airways toward the purchase of the aircraft and assume the remaining debt on the aircraft.

Four of the 99-seat jets are expected to enter service in November and December 2009 and will replace Boeing 717 aircraft that are being removed from service at Republic's Midwest Airlines. The remaining six aircraft are expected to enter service in branded operations during the first half of 2010. With the addition of these 10 aircraft, Republic's subsidiaries will operate the largest fleet of EJet aircraft in the world with a total of 145 EJets, including 15 E190 aircraft.

"We're pleased to work with our long-standing partner, US Airways, to expand our fleet of EJet aircraft," said Sean Menke, EVP and Chief Marketing Officer of Republic Airways. "The E190 has allowed us to offer unmatched passenger comfort while restoring service to important destinations within our branded network, and these additional aircraft will allow us to continue that process."