February 26, 2016

Indianapolis-Based Republic Airways Files For Bankruptcy Protection

Associated Press
Republic CEO Bryan Bedford speaks during a 2010 news conference in Milwaukee. - AP Photo/Morry Gash

Republic CEO Bryan Bedford speaks during a 2010 news conference in Milwaukee.

AP Photo/Morry Gash

INDIANAPOLIS (AP) — Republic Airways Holdings Inc. is filing for Chapter 11 bankruptcy protection, as it struggles with a plunge in profits and a pilot shortage.

The Indianapolis-based carrier said Thursday the move allows it continue normal flight schedules while it restructures its finances and contracts. It says it will retain its collective bargaining agreements with its unions.

The airline's pilots fly regional jets for American, United and Delta. The bigger airlines have been hiring pilots away from regional operators like Republic.

Republic had been unable to hire enough replacements due in part to a labor dispute which was eventually resolved.

Tags:Indianapolis
Support independent journalism today. You rely on WFYI to stay informed, and we depend on you to make our work possible. Donate to power our nonprofit reporting today. Give now.

 

Related News

Indiana lawmakers are a step closer to making it illegal to sleep on public property
Local News / April 14, 2025

Indiana lawmakers are a step closer to making it illegal to sleep on public property

Indiana lawmakers are a step closer to making it illegal to sleep on public property. Advocates for people experiencing homelessness say this would add additional barriers for people who are struggling to obtain housing.
Read More
IMPD to develop 5-year public safety plan, with input from residents
Local News / April 11, 2025

IMPD to develop 5-year public safety plan, with input from residents

IMPD officials say the goal is to establish a clear vision to better respond to the evolving safety needs of the community and its officers. The effort aligns with department goals to be more transparent.
Read More
Your neighbor may be an immigrant. Indy library program aims to connects cultures
Local News / April 10, 2025

Your neighbor may be an immigrant. Indy library program aims to connects cultures

An Indianapolis Public Library program offers residents a chance to learn about the city’s diverse population. For presenters, it gives them a chance to share their culture and address misinformation.
Read More