INDIANAPOLIS, Indiana -- Republic Airways Holdings Inc. (NASDAQ: RJET) will consolidate its business operations to its Indianapolis headquarters, creating up to 300 jobs here next year.
The company plans to expand its headquarters facility on the city's north side to support the transfer of Frontier Airlines' Operation Control Center and consolidated back office positions from various locations throughout the company's network.
Indianapolis-based Republic Airways, which acquired Denver-based Frontier Airlines in August, plans to begin hiring dispatchers, engineers, crew schedulers and other operations positions in the second quarter of 2010.
"Today's announcement is another significant step in the integration process of our branded business," said Bryan Bedford, chairman, president and chief executive officer of Republic Airways. "This move will allow the administration of all of our airlines to be accomplished under one roof, which will help provide our co-workers out on the line with an efficient and consistent support network."
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Republic Airways was founded as Chautauqua Airlines in 1973 in Jamestown, N.Y. and relocated to Indianapolis in 1994. Following recent acquisitions of Frontier and Midwest Airlines, the company employs approximately 11,000 aviation professionals and operates 288 regional jets with approximately 1,600 flights daily.
The Indiana Economic Development Corporation offered Republic Airways Holdings Inc. up to $3.8 million in performance-based tax credits and up to $50,000 in training grants based on the company's job creation plans. The city of Indianapolis and Indianapolis Economic Development, Inc. will support property tax abatement for Republic Airways Holdings before the Metropolitan Development Commission.
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 121 cities in 44 states, Canada, Costa Rica, and Mexico under branded operations at Frontier, 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 288 aircraft.
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