Republic CEO: Regional Industry ‘Shrinking’

The U.S. regional airline industry is “shrinking” because of a pilot shortage that is reducing air service to smaller markets throughout the country, Bryan Bedford Republic Airways Holdings president and CEO, said.

In an impassioned address at the Regional Airline Association (RAA) convention in West Palm Beach, Florida, Bedford pointed to a “very negative trend” of declining regional airline traffic. Bedford, the current RAA chairman, noted that regionals carried 10 …

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