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Republic settles Delta lawsuit over cancelled flights
– canadianbusiness.com
DALLAS – Delta Air Lines Inc. will drop a lawsuit against Republic Airways Holdings Inc. and provide $75 million in credit to help Republic rebuild under bankruptcy protection.
As part of the settlement, Republic will stop flying small, 50-seat planes for Delta but continue to operate larger jets that are more economical.
Republic is a key contractor for Delta Connection, which flies between major hub airports and secondary cities. Delta sued Republic last year, claiming that the contractor — which was dealing with a pilot shortage — had cancelled some Connection flights.
Delta Vice-President Erik Snell said that the settlement will let Delta Connection offer more reliable and consistent service. Republic CEO Bryan Bedford said it would “preserve schedule integrity” for Connection customers.
Indianapolis-based Republic said that its profit and cash flow will improve under a reworked contract with Delta, which is based in Atlanta, that will include higher reimbursement rates…
As part of the settlement, Republic will stop flying small, 50-seat planes for Delta but continue to operate larger jets that are more economical.
Republic is a key contractor for Delta Connection, which flies between major hub airports and secondary cities. Delta sued Republic last year, claiming that the contractor — which was dealing with a pilot shortage — had cancelled some Connection flights.
Delta Vice-President Erik Snell said that the settlement will let Delta Connection offer more reliable and consistent service. Republic CEO Bryan Bedford said it would “preserve schedule integrity” for Connection customers.
Indianapolis-based Republic said that its profit and cash flow will improve under a reworked contract with Delta, which is based in Atlanta, that will include higher reimbursement rates…
The hard and fast rules of hard inquiries
– creditcards.com
A group of experts explain exactly how credit bureaus’ take hard inquiries in account when you apply for credit
Co-signed card leaves mom's credit in ruins
– creditcards.com
When her daughter couldn’t pay the bill, collectors turn to her mom
