Republic Airways posts Q2 loss, says it is committed to Frontier

Republic Airways Holdings reported a loss of $14.9 million for the second quarter, but the Indianapolis-based company predicted a return to profit for the third quarter. Bryan Bedford, chairman and CEO of Republic Airways Holdings, said the carrier is committed to resolving issues at its Frontier unit. "I believe we are going to fix it," he said. Republic has secured agreements with Frontier employees to give them equity in exchange for cost-cutting concessions.

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