Out Fox The $treet

After years of attempting to turn around Frontier Airlines, Republic Airways ( NASDAQ: RJET     ) ( NASDAQ: RJET     ) ( NASDAQ: RJET     ) made a move that should have surprised no one in the industry. The operator of fixed-fee flights for partner airlines agreed to sell  Frontier to a group run by William Franke, the former chairman of Spirit Airlines ( NASDAQ: SAVE     ) ( NASDAQ: SAVE     ) ( NASDAQ: SAVE     ) . Exiting the troubled subsidiary allows Republic to focus on the profitable fixed-fee segment, but the airline failed to obtain anything significant for its four years of work attempting to make Frontier viable. Read the full article here . Disclosure: No position mentioned. Please read the disclaimer page for more details.

When reviewing the quarterly results for Republic Airways (NASDAQ: RJET ) , a couple of numbers really stuck out as shocking and actually in a good way. The company reported the amazing combination of lower revenue yet higher operating margin. What is going on in the airline industry that is allowing this focus on profits? Republic Airways is a jumbled group of airlines including Chautauqua Airlines, Frontier Airlines, Republic Airlines, and Shuttle more » Disclosure: No positions mentioned. Please review the disclaimer page for more details.