16-Jul-2013 8:32 AM

Republic Airways announced financing approval for 47 E175s

Republic Airways Holdings Inc announced (15-Jul-2013) it has received approval to enter an agreement with the Brazilian Development Bank (BNDES) to finance 47 Embraer E175s. The new aircraft will operate under a capacity purchase agreement (CPA) with American Airlines originally announced in Jan-2013 and will operate under the American Eagle brand.  [more - original PR]