Will SkyWest Scoop Up Republic Work? -- Market Tal
Post# of 22755
1 hour 26 minutes ago - DJNF
8:50 ET - SkyWest (SKYW) is positioned to take incremental flying from Republic (RJET) now the latter is in Chapter 11 and looking to renegotiate contracts with American (AAL), Delta (DAL) and United (UAL), says Cowen analyst Helane Becker, even those pesky 50-seat jets that have sent part of the business to wrack and ruin. "Republic was not the first regional airline to file for Chapter 11, and won't be the last," she says. SKYW down 0.6% at $17.20 in pre-open trade. (doug.cameron@wsj.com; @dougcameron)
(END) Dow Jones Newswires
February 26, 2016 08:50 ET (13:50 GMT)
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