Republic Airways Receives Financing for 47 Embraer E175 Aircraft

INDIANAPOLIS—(BUSINESS WIRE)—Republic Airways Holdings Inc. (NASDAQ: RJET) today announced that it has entered into an agreement with an affiliate of the Brazilian Development Bank (BNDES) for the financing of 47 Embraer E175 aircraft. The aircraft will provide service under the terms of the capacity purchase agreement (CPA) with American Airlines announced in January and will fly under the American Eagle brand.