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        <ExplanationTxt>WE ANNUALLY REQUIRE EACH DIRECTOR TO EXECUTE AN ACKNOWLEDGEMENT OF THE POLICY AND THEIR OBLIGATIONS TO REPORT CONFLICTS OF INTEREST AND ABIDE BY THEM.</ExplanationTxt>
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        <ExplanationTxt>THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE AND FINANCE COMMITTEE CONSISTING OF: JOE ALLMAN, CHAD PULLEY, SCOTT HORNBACK, TERESA GRIFFIN, AND ELIZABETH MOTTLEY.</ExplanationTxt>
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        <ExplanationTxt>THE EXECUTIVE AND FINANCE COMMITTEE ASSUMES THE RESPONSIBILITY OVER THE FINANCIAL STATEMENTS. THIS COMMITTEE IS COMPRISED OF: JOE ALLMAN, CHAD PULLEY, SCOTT HORNBACK, TERESA GRIFFIN, AND ELIZABETH MOTTLEY.</ExplanationTxt>
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      <GiftGrntCapContriFromOthOrgInd>1</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>0</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>0</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>0</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>0</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>0</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>REPUBLIC AIRWAYS INC</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>C</TransactionTypeTxt>
        <InvolvedAmt>500000</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>CASH</MethodOfAmountDeterminationTxt>
      </TransactionsRelatedOrgGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PRIMARY ACTIVITY:</FormAndLineReferenceDesc>
        <ExplanationTxt>REGIONAL AIRLINE OPERATING COMMERCIAL FLIGHTS FOR OUR PARTNERS; AMERICAN, DELTA AND UNITED.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleR>
  </ReturnData>
</Return>