Regional carrier Republic Airways Holdings Inc filed for chapter 11 protection yesterday, blaming several quarters of falling revenue after having to ground aircraft amid a pilot shortage, Reuters reported yesterday. The Indianapolis-based short-haul carrier, which feeds flights to American Airlines Group Inc, Delta Air Lines Inc. and United Continental Holdings Inc. brands, listed assets of $3.6 billion and $3.0 billion of liabilities, court documents showed. Republic offers approximately 1,000 daily flights to more than 100 cities in the United States, Canada, the Caribbean, and the Bahamas. United said yesterday that it does not expect to change its flight schedules because of the bankruptcy. American said that it is too early to assess an impact on scheduling.
