Calling current demands from pilot-union leaders “outrageous and irrational,” Republic Airways Holdings executives said they plan to present a best-and-final contract offer to the International Brotherhood of Teamsters (IBT) Local 357 on Aug. 20. However, the executives, who until this summer expressed optimism an agreement would be reached soon, told analysts they were not sure what would transpire, or even if the union will present that offer to its members. A major sticking ...

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