-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LLjwJPkG9CSMHC45uguygOuEEAJudGxAuTNF/m4+XlPvaueOhbxv6rrvF3BEIp9m nnhUHebddz6SAazjZd5lHQ== 0001104659-09-034222.txt : 20090522 0001104659-09-034222.hdr.sgml : 20090522 20090521144727 ACCESSION NUMBER: 0001104659-09-034222 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090515 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090521 DATE AS OF CHANGE: 20090521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC AIRWAYS HOLDINGS INC CENTRAL INDEX KEY: 0001159154 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 061449146 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49697 FILM NUMBER: 09845113 BUSINESS ADDRESS: STREET 1: 8909 PURDUE ROAD STREET 2: SUITE 300 CITY: INDIANAPOLIS STATE: IN ZIP: 46268 BUSINESS PHONE: 317-484-6000 MAIL ADDRESS: STREET 1: 8909 PURDUE ROAD STREET 2: SUITE 300 CITY: INDIANAPOLIS STATE: IN ZIP: 46268 8-K 1 a09-14014_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 15, 2009

 

Republic Airways Holdings Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction of incorporation)

 

000-49697

 

06-1449146

(Commission File Number)

 

(IRS Employer Identification No.)

 

8909 Purdue Road

Suite 300

Indianapolis, IN 46268

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code (317) 484-6000

 

None.

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 1.01                                             Entry into a Material Definitive Agreement.

 

On May 15, 2009, Republic Airways Holdings Inc. (the “Company”) entered into an amendment to the Airline Services Agreement, among Midwest Airlines, Inc., Republic Airline Inc., Midwest Air Group, Inc. (in a limited capacity) and the Company (in a limited capacity), dated September 3, 2008, to include two Embraer EMB190 aircraft to be operated by Republic Airline Inc., and Aircraft Lease Agreements for the lease of two Embraer EMB190 aircraft from affiliates of GE Commercial Aviation Services LLC for a 60 month term.

 

A copy of the amendment to the Airline Services Agreement is filed herewith as Exhibit 10.62(c).

 

Item 9.01               Financial Statements and Exhibits.

 

(d)           Exhibits.

 

10.62(c)

Amendment No. 1 to Airline Services Agreement, among Midwest Airlines, Inc., Republic Airline Inc., Midwest Air Group, Inc. and Republic Airways Holdings Inc., dated May 15, 2009.

 

(All other items on this report are inapplicable.)

 

2


 

SIGNATURES

 

                Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

REPUBLIC AIRWAYS HOLDINGS INC.

 

 

 

By:

/s/ Robert H. Cooper

 

 

Name:

Robert H. Cooper

 

 

Title:

Executive Vice President and

 

 

 

Chief Financial Officer

 

Dated: May 21, 2009

 

3


 

EXHIBIT INDEX

 

Exhibit Number

 

Description

 

 

 

10.62(c)

 

Amendment No. 1 to Airline Services Agreement, among Midwest Airlines, Inc., Republic Airline Inc., Midwest Air Group, Inc. and Republic Airways Holdings Inc., dated May 15, 2009.

 

4

 EX-10.62(C) 2 a09-14014_1ex10d62c.htm EX-10.62(C)

EXHIBIT 10.62(c)

 

CONFIDENTIAL TREATMENT

REQUESTED PURSUANT TO RULE 24b-2

 

Certain portions of this exhibit have been omitted pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934.  The omitted materials have been filed separately with the Securities and Exchange Commission.

 

EXECUTION VERSION

 

AMENDMENT NO. 1 TO AIRLINE SERVICES AGREEMENT

 

This Amendment No. 1, dated as of May 15, 2009 (this “Amendment”), to the Airline Services Agreement dated as of September 3, 2008 (the “Agreement”) is among Midwest Airlines, Inc. (“Midwest”), Republic Airline, Inc. (“RAI”), Midwest Air Group, Inc. (“Midwest Holdings”) and Republic Airways Holdings Inc. (“RAI Holdings”).

 

WHEREAS, Midwest, RAI, Midwest Holdings and RAI Holdings are parties to the Agreement; and

 

WHEREAS, the parties desire to amend the Agreement to include two Embraer EMB 190 aircraft as Covered Aircraft to be operated by RAI pursuant to the terms of the Agreement;

 

NOW, THEREFORE, for and in consideration of the mutual undertakings set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Midwest, RAI, Midwest Holdings and RAI Holdings hereby agree as follows:

 

1.                                       Defined Terms.  All capitalized terms used herein shall have the meanings given to such terms in the Agreement.

 

2.                                       Amendments.

 

The Agreement is hereby amended as follows:

 

(a)                                  Section 10.18 is amended by (i) adding the letter “(a)”, immediately before first sentence thereof and adding the following paragraph (b) at the end of such section:

 

“(b)                           In addition to any amounts payable by Midwest pursuant to paragraph (a) hereof (but without limiting any express obligations of RAI thereunder), any payments made or costs incurred by RAI during the term of this Agreement for or on account of any LLPs for any Covered Aircraft shall be for the account of Midwest and payable as a pass through cost pursuant to Section 3.01.”

 

(b)                                 Exhibit A is hereby amended by adding each of the following definitions in the appropriate alphabetical location:

 

““E190 Aircraft” means each Embraer model EMB190 Aircraft that is a Covered Aircraft.”

 


 

““First Amendment” means Amendment No. 1 to this Agreement, dated as of May 15, 2009, among Midwest, RAI, RAI Holdings and Midwest Holdings.”

 

(c)                                  Exhibit B of the Agreement shall be deleted and replaced with Schedule 1 hereto.

 

(d)                                 Appendix 1 to Exhibit D of the Agreement shall be deleted and replaced with Schedule 2 hereto.

 

3.                                       Conditions Precedent.  This Amendment shall become effective only upon the occurrence of each of the following:

 

(a)                                  the execution and delivery of this Amendment by each of the parties hereto; and

 

(b)                                 execution of lease agreements in respect of two Embraer EMB 190 aircraft between Republic and GECAS.

 

4.                                       Miscellaneous.

 

(a)                                  This Amendment shall be governed by the law of the State of New York (including without limitation Section 5-1401 of the New York General Obligations Law).

 

(b)                                 This Amendment may be executed in separate counterparts by the parties hereto, and each counterpart shall when executed and delivered be an original document, but all counterparts shall together constitute one and the same instrument.

 

(c)                                  Except as otherwise amended by this Amendment, the Agreement shall remain in full force and effect.

 

2


 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to Airline Services Agreement to be duly executed and delivered as of the date and year first written above.

 

MIDWEST AIRLINES, INC.

 

REPUBLIC AIRLINE INC.

 

 

 

 

 

By

/s/ Curtis E. Sawyer

 

By

/s/ Bryan Bedford

 

Curtis E. Sawyer, Senior Vice President

 

 

Bryan Bedford, President

 

and Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

MIDWEST AIR GROUP, INC.

 

REPUBLIC AIRWAYS HOLDINGS INC.

 

 

 

 

 

By

/s/ Curtis E. Sawyer

 

By

/s/ Bryan Bedford

 

Curtis E. Sawyer, Senior Vice President

 

 

Bryan Bedford, President

 

and Chief Financial Officer

 

 

 

 

3


 

SCHEDULE 1

 

EXHIBIT B

Covered Aircraft & In-Service Schedule

 

Number

 

Aircraft Type

 

Scheduled In-Service Day

1.

 

EMB 170

 

[*]

2.

 

EMB 170

 

[*]

3.

 

EMB 170

 

[*]

4.

 

EMB 170

 

[*]

5.

 

EMB 170

 

[*]

6.

 

EMB 170

 

[*]

7.*

 

EMB 170

 

[*]

8.

 

EMB 170

 

[*]

9.

 

EMB 170

 

[*]

10.

 

EMB 170

 

[*]

11.

 

EMB 170

 

[*]

12.

 

EMB 170

 

[*]

13.

 

EMB 190

 

[*]

14.

 

EMB 190

 

[*]

 

*Aircraft number 7 shall be the Spare Aircraft

 

*Confidential

 


 

SCHEDULE 2

 

Base Compensation Rates for EMB170 Aircraft

 

 

 

COST

 

SUBJECT

 

UNIT OF

 

 

 

PERIODIC

 

 

ELEMENT

 

TO ESCALATION

 

MEASURE

 

RATE(1)

 

ADJUSTMENT

FIXED COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

 

 

 

 

 

 

 

 

 

VARIABLE COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

 

 

 

 

 

 

 

 

 

PASS-THRU COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

*Confidential

 

(1)  Costs expressed in January 2008 economics

 


 

Costs and Rates applicable to training flights operated per Section 8.02(d)(ii).

 

 

 

COST

 

SUBJECT

 

UNIT OF

 

 

 

PERIODIC

 

 

ELEMENT

 

TO ESCALATION

 

MEASURE

 

RATE(1)

 

ADJUSTMENT

FIXED COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

 

 

 

 

 

 

 

 

 

VARIABLE COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

*Confidential

 


 

Base Compensation Rates for EMB190 Aircraft

 

 

 

COST

 

SUBJECT

 

UNIT OF

 

 

 

PERIODIC

 

 

ELEMENT

 

TO ESCALATION

 

MEASURE

 

RATE(1)

 

ADJUSTMENT

FIXED COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

 

 

 

 

 

 

 

 

 

VARIABLE COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

 

 

 

 

 

 

 

 

 

PASS-THRU COSTS:

 

 

 

 

 

 

 

 

 

 

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

 

[*]

 

[*]

 

[*]

 

[*]

 

[*]

 

*Confidential

 

(1)  Costs expressed in January 2009 economics

 

 -----END PRIVACY-ENHANCED MESSAGE-----