Republic Airways Announces Order for 80 Airbus NEO Aircraft

Republic Airways Holdings Inc. RJET today announced it has signed a letter of intent with Airbus to purchase 40 A319neo (New Engine Option) and 40 A320neo aircraft. The aircraft, which will be powered by CFM's LEAP-X engines, will be flown by Republic's Frontier Airlines subsidiary. “This order is a reflection of the strong and mutually beneficial partnership Frontier and Airbus have enjoyed over the past decade,” said Bryan Bedford, chairman, president and CEO of Republic Airways. “The addition of these state-of-the-art, fuel-efficient aircraft to our fleet will be a major factor in Frontier maintaining its position as an industry cost leader and will allow Frontier to continue to offer travelers low fares despite persistently high fuel prices.” Frontier currently operates 58 Airbus A318, A319 and A320 aircraft.