Manufacturing Industry
Republic Airways announces public offering of shares
Airline Industry Information, Feb 3, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Republic Airways Holdings Inc (Nasdaq: RJET) announced on 2 February the follow-on public offering of 6,000,000 shares of common stock at a price of USD12.50 per share.
Net proceeds from the offering are to be used for general corporate purposes, including working capital, the acquisition of additional aircraft and related spare parts and support equipment, and potential strategic acquisitions or investments, the company said.
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