It's a double-digit gain for Republic Airways (RJET +10.5%) after a Bloomberg report says the...


It's a double-digit gain for Republic Airways (RJET +10.5%) after a Bloomberg report says the company is studying selling planes and DC landing rights to raise about $113M to help restructure its fledgling Frontier Airlines unit. The company fell $15M short of a cash reserve goal in Q3 and a leaked memo warns, "absent asset sales, we will be even further below that target by the end of the year."
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