7-Sep-2012 3:48 PM

Republic Airways expects regional jet margins to stabilise in 4-6% range

Republic Airways Holdings stated (06-Sep-2012) its profitability has been among the industry leaders through recent history, with pre-tax profitability higher than regional peers. The carrier, however, noted fixed-fee profitability has come under pressure in recent years. The carrier expects Republic regional jet margins to stabilise in the 4-6% range, with a 3.7% pre-tax margin (ex-items) in 2011, down from 8.2% in 2010, 8.5% in 2009, 9.3% in 2008, 10.4% in 2007, 11.5% in 2006 and 11.1% in 2005. [more - original PR]