Republic Airways Embraer 190AR (ERJ-190-100IGW) (c/n 19000481) N177HQ rolls for takeoff on Rwy 30 at Long Beach Airport (LGB/KLGB) on May 12, 2014.
(Photo by Michael Carter)
Republic operates feeder flights on small and mid-size narrow-body aircraft for “mainline” partners American, Delta and United. Republic pledged that it and its subsidiary airlines would “continue normal business operations” while the company attempts to restructure under bankruptcy protection.
“We worked hard to avoid this step,” Republic CEO Bryan Bedford said in a statement. “Over the last several months, we’ve attempted to restructure the obligations on our out-of-favor aircraft – made so by a nationwide pilot shortage – and to increase our revenues.”
“Our filing today is a result of our loss of revenue during the past several quarters associated with grounding aircraft due to a lack of pilot resources, combined with the reality that our negotiating effort with key stakeholders shows no apparent prospect of a near term resolution,” Bedford added in a statement.
Indeed, Republic’s bankruptcy – “the first large U.S. airline bankruptcy since
Republic has struggled to retain enough pilots to run its full operation. A change in
However, some pilot backers have pinned the problem on poor pay. Whatever the cause, pilot staffing has become a significant problem for Republic and several of the nation’s other region outfits.
Indianapolis-based Republic includes subsidiaries
Republic's carriers are paid per flight to operate
(Ben Mutzabaugh - Today in the Sky / USA Today)