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Delta Air Lines in agreement to settle lawsuit against Republic
2016-03-25 03:28:32| Airlines - Topix.net
Delta Air Lines Inc has agreed to settle a lawsuit that accused Republic Airways Holdings Inc of breaching a contract to operate flights for Delta, Republic said in a news release Thursday. As part of the agreement, Delta will continue to contract flights to Republic while entering into a credit agreement that gives the regional carrier $75 million and gradually relieves it of obligations to fly 50-seat jets, seen by airlines as uneconomical, according to the release.
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Category:Transportation and Logistics