Republic Airways Holdings increases 3Q2013 guidance

Republic Airways Holdings updated (17-Sep-2013) its 3Q2013 guidance as follows:

• Consolidated earnings per share: USD0.65-USD0.75, up from USD0.55-USD0.65 in previous guidance;
• Unrestricted cash: USD250 million-USD260 million, up from USD235 million-USD245 million;
• Fuel cost per gallon (net of hedges): USD3.20-USD3.30, no change;
• Frontier Airlines TRASM: 3-5% increase, up from a 1-3% increase;
• Frontier Airlines CASM: Up 3-5%, no change;
• Frontier Airlines operating margin: 10-12%, up from 8-10%;
• Group revenue: USD335 million-USD345 million, no change;
• Group pre-tax margin: 6-8%, no change. [more - original PR]