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Republic Airways Announces Sean Menke's Resignation; Updates Branded Operations Integration Plan
Process to Include New Aircraft, Enhanced Service, Broadened Frequent Flyer Program and Re-Alignment of Executive Management Team
INDIANAPOLIS, Jan 14, 2010 (BUSINESS WIRE) -- Republic Airways Holdings (NASDAQ:RJET) announced today that Sean Menke, executive vice president and chief marketing officer for Republic's branded operations, has made the personal decision to resign from the organization. He will remain in his position through the end of the first quarter.

"Sean and his team did a wonderful job of leading Frontier through an 18-month-long bankruptcy," said Republic Chairman, President and CEO Bryan Bedford. "We were very fortunate to have had the benefit of his expertise over the last several months and wish him the best of luck wherever his career path takes him."

"It has been my pleasure to work with Bryan and the rest of the Republic team to ensure that Frontier is positioned to both persevere and expand upon what Frontier employees have worked so hard to build over the past few years," Menke said. "I have every confidence that they will see continued success for their airline and the entire Republic enterprise."

Republic also announced the next phase of the integration of Denver-based Frontier Airlines and Milwaukee-based Midwest Airlines into the Republic organization, with the consolidation of all executive management functions in Indianapolis. The two airlines comprise Republic's branded operations.

Since completing the acquisitions of Midwest and Frontier last year, the companies have:

  • Combined airport ground operations throughout their networks
  • Consolidated reservations center operations from three facilities to two
  • Initiated the relocation of Frontier's heavy maintenance and operating groups to Milwaukee and Indianapolis respectively
  • Launched new routes, seasonal service and increased flight schedules throughout the U.S. and Mexico
  • Expanded their codeshare agreement to more than 60 Frontier and Midwest destinations, creating expanded choices for customers
  • Enhanced their frequent flyer programs, allowing members of both programs to earn and redeem miles under either program on Frontier and Midwest flights

Republic expects to complete the integration of the branded operations by the end of the second quarter of this year and to implement a number of service improvements for Frontier and Midwest customers:

  • Three new Airbus A320 jets and seven new Embraer 190 aircraft will be acquired during the first half of the year, allowing the carriers to expand service to new destinations and increase frequencies on current routes for greater schedule convenience for customers in both Denver and Milwaukee
  • The airlines will move to a common system for its reservations, which will significantly enhance the booking experience for customers and employees, and make checking in for flights easier
  • The airlines' frequent flyer programs will be fully integrated, giving customers complete access to the benefits of both programs

"As we continue to work to integrate our operations and create a stronger, more efficient organization for our customers and employees, it has become clear that our best long-term strategy is to base all of our executive management functions in a single headquarters location," Bedford said. "This will allow us to make the most of the many opportunities we envisioned when we added Frontier and Midwest to the Republic family."

Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Midwest Airlines, Republic Airlines and Shuttle America, collectively "the airlines." The airlines offer scheduled passenger service on approximately 1,600 flights daily to 119 cities in 44 states, Canada, Costa Rica, and Mexico under branded operations at Frontier and Midwest, and through fixed-fee airline services agreements with five major U.S. airlines. The fixed-fee flights are operated under an airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 11,000 aviation professionals and operate 290 aircraft.

In addition to historical information, this release contains forward-looking statements. Republic Airways may, from time-to-time, make written or oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements encompass Republic Airways' beliefs, expectations, hopes or intentions regarding future events. Words such as "expects," "intends," "believes," "anticipates," "should," "likely" and similar expressions identify forward-looking statements. All forward-looking statements included in this release are made as of the date hereof and are based on information available to Republic Airways as of such date. Republic Airways assumes no obligation to update any forward-looking statement. Actual results may vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of reasons, including, among others, the risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated into this release by reference.

SOURCE: Republic Airways Holdings

Republic Airways Holdings
Media Contact:
Carlo Bertolini, 317-484-6069
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IR Contact:
Timothy Dooley, 317-487-4308
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Republic Airways Holdings's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the summary of risk factors contained in our earnings release.