Republic Airways Holdings, Inc. (NASDAQ:RJET)
CAPS Rating:
The Company operates as an air carrier providing scheduled passenger and air freight service as US Airways Express, AmericanConnection, Delta Connection and United Express.
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Recs
the little airline that can!!
Agreed. It has been successful in making frontier profitable and now trying to sell it off. Word on the street is that Republic airlines is seeking a lot more than they paid for the merged operations of Frontier and Midwest. Assuming they get 300m$ for the sale, that should almost double the rjet stock.
http://www.businessweek.com/news/2012-02-06/republic-says-potential-buyers-have-surfaced-for-frontier-air.html
http://www.insideindianabusiness.com/newsitem.asp?ID=52091
Hard to believe that I get one rec for this call from November. check the chart for 90 days and ask yourself the important questions. : )