Ok, I know that yesterday I promised I would go over earnings reports. While I’m not doing that today, hopefully next week I will have some analysis.
Yesterday, an e-mail from Republic Airways arrived in my inbox. The company will loan up to $35 million to US Airways. The first $10 million has alwasy been provided, and $25 million more can be provided in the first quarter of next year.
Republic has been part of a good number of financing news lately. Part of the airline’s deal with Mokulele is an $8 million line of credit. Part of the deal with Midwest was a $15 million loan, with a possible additional loan of $10 million. Republic was also part of a bid for financing for Frontier.
Republic has certain been making some interesting moves in this area, but it has helped them make some new partnerships. I think it can only help them in the future.
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