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Republic shares tumble after union blocks contract vote

2015-09-02 19:31:37| Airlines - Topix.net

Shares of regional airline operator Republic Airways tumbled Wednesday after the Teamsters union declined to let pilots vote on the company's latest contract offer, raising the prospect of a bankruptcy filing. Republic Airways Holdings Inc. shares were down 60 cents, or 19.8 percent, to $2.43 in midmorning trading.

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