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Re: KingDMC post# 31707

Friday, 02/26/2016 8:11:40 AM

Friday, February 26, 2016 8:11:40 AM

Post# of 36851
First major U.S. airline bankruptcy since 2011 filed.

Shares of Republic Airways Holdings (NASDAQ:RJET) are down 74% to $0.90 after the company filed for bankruptcy due chiefly to pilot turmoil.
The carrier offers feeder flights for Delta Air Lines (NYSE:DAL), American Airlines (NASDAQ:AAL), and United (NYSE:UAL). Those flights are expected to operate as normal while the bankruptcy case proceeds.
Republic's filing is the first major bankruptcy in the U.S. airline industry since American filed back in 2011.

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