-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Pknk2aL9UetY+f+U++n4ahwHiPpo8u+tKVNREh5v12IXH3ZcjzOqp81JOVEXZiQx /PoCRlotcBuumvlBKU7y0w== 0000950136-06-006932.txt : 20060817 0000950136-06-006932.hdr.sgml : 20060817 20060816173659 ACCESSION NUMBER: 0000950136-06-006932 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060817 DATE AS OF CHANGE: 20060816 GROUP MEMBERS: JOSEPH M. JACOBS GROUP MEMBERS: WEXAIR LLC GROUP MEMBERS: WEXFORD CAPITAL LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC AIRWAYS HOLDINGS INC CENTRAL INDEX KEY: 0001159154 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 061449146 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79882 FILM NUMBER: 061039089 BUSINESS ADDRESS: STREET 1: 8909 PURDUE ROAD STREET 2: SUITE 300 CITY: INDIANAPOLIS STATE: IN ZIP: 46268 BUSINESS PHONE: 317-484-6000 MAIL ADDRESS: STREET 1: 8909 PURDUE ROAD STREET 2: SUITE 300 CITY: INDIANAPOLIS STATE: IN ZIP: 46268 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAVIDSON CHARLES E CENTRAL INDEX KEY: 0001001391 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 411 WEST PUTNAM AVE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2028627400 MAIL ADDRESS: STREET 1: C/O WEXFORD MANAGEMENT LLC STREET 2: 411 WEST PUTNAM AVE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 file1.htm 


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                SCHEDULE 13D/A-5

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 5)*


                         REPUBLIC AIRWAYS HOLDINGS INC.
                         ------------------------------
                                (Name of issuer)


                     Common Stock, $.001 Par Value Per Share
                     ---------------------------------------
                         (Title of class of securities)


                                   760276 10 5
                               ------------------
                                 (CUSIP number)


                              Arthur H. Amron, Esq.
                               Wexford Capital LLC
                             411 West Putnam Avenue
                               Greenwich, CT 06830
                                 (203) 862-7012
   ---------------------------------------------------------------------------
   (Name, address and telephone number of person authorized to receive notices
                              and communications)

                                 August 10, 2006
             -------------------------------------------------------
             (Date of event which requires filing of this statement)


If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [ ].

Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or other subject to the liabilities of that section of Act but
shall be subject to all other provisions of the Act (however, see the Notes).


                                                               Page 1 of 8 Pages




CUSIP No. 760276 10 5



- -------------------------------------------------------------------------------------------------------------------
1.       Names of Reporting Persons.                                                                     WexAir LLC
         I.R.S. Identification Nos. of Above Persons (entities only) 06-1497977

- -------------------------------------------------------------------------------------------------------------------
2.       Check the Appropriate Box if a Member of a Group                                                   (a) [ ]
         (See Instructions)                                                                                 (b) [ ]

- -------------------------------------------------------------------------------------------------------------------
3.       SEC Use Only

- -------------------------------------------------------------------------------------------------------------------
4.       Source of Funds (See Instructions)                                                                      OO

- -------------------------------------------------------------------------------------------------------------------
5.       Check if Disclosure of Legal Proceedings is
         Required Pursuant to Items 2(d) or 2(e)                                                                [ ]

- -------------------------------------------------------------------------------------------------------------------
6.       Citizenship or Place of Organization                                                              Delaware

- -------------------------------------------------------------------------------------------------------------------
                                    7.      Sole Voting Power                                             6,915,463
         Number of Shares
         Beneficially               -------------------------------------------------------------------------------
         Owned by Each              8.      Shared Voting Power (see Item 5 below)                                0
         Reporting
         Person With                -------------------------------------------------------------------------------
                                    9.      Sole Dispositive Power                                        6,915,463

                                    -------------------------------------------------------------------------------
                                    10.     Shared Dispositive Power (see Item 5 below)                           0

- -------------------------------------------------------------------------------------------------------------------
11.      Aggregate Amount Beneficially
         Owned by Each Reporting Person                                                                   6,915,463

- -------------------------------------------------------------------------------------------------------------------
12.      Check if the Aggregate Amount in Row (11) Excludes
         Certain Shares (See Instructions)                                                                      [ ]

- -------------------------------------------------------------------------------------------------------------------
13.      Percent of Class Represented by Amount in Row (11)                                                   16.4%

- -------------------------------------------------------------------------------------------------------------------
14.      Type of Reporting Person (See Instructions)                                                             OO
- -------------------------------------------------------------------------------------------------------------------



                                                               Page 2 of 8 Pages



CUSIP No. 760276 10 5



- -------------------------------------------------------------------------------------------------------------------
1.       Names of Reporting Persons.                                                            Wexford Capital LLC
         I.R.S. Identification Nos. of Above Persons (entities only) 06-1442624

- -------------------------------------------------------------------------------------------------------------------
2.       Check the Appropriate Box if a Member of a Group                                                   (a) [ ]
         (See Instructions)                                                                                 (b) [ ]

- -------------------------------------------------------------------------------------------------------------------
3.       SEC Use Only

- -------------------------------------------------------------------------------------------------------------------
4.       Source of Funds (See Instructions) OO

- -------------------------------------------------------------------------------------------------------------------
5.       Check if Disclosure of Legal Proceedings is
         Required Pursuant to Items 2(d) or 2(e)                                                                [ ]

- -------------------------------------------------------------------------------------------------------------------
6. Citizenship or Place of Organization                                                                 Connecticut

- -------------------------------------------------------------------------------------------------------------------
                                    7.      Sole Voting Power                                                24,583
         Number of Shares
         Beneficially               -------------------------------------------------------------------------------
         Owned by Each              8.      Shared Voting Power (see Item 5 below)                        6,915,463
         Reporting
         Person With                -------------------------------------------------------------------------------
                                    9.      Sole Dispositive Power                                           24,583

                                    -------------------------------------------------------------------------------
                                    10.     Shared Dispositive Power (see Item 5 below)                   6,915,463

- -------------------------------------------------------------------------------------------------------------------
11.      Aggregate Amount Beneficially
         Owned by Each Reporting Person                                                                   6,940,046

- -------------------------------------------------------------------------------------------------------------------
12.      Check if the Aggregate Amount in Row (11) Excludes
         Certain Shares (See Instructions)                                                                      [ ]

- -------------------------------------------------------------------------------------------------------------------
13.      Percent of Class Represented by Amount in Row (11)                                                   16.5%

- -------------------------------------------------------------------------------------------------------------------
14.      Type of Reporting Person (See Instructions)                                                             OO

- -------------------------------------------------------------------------------------------------------------------



                                                               Page 3 of 8 Pages



CUSIP No. 760276 10 5



- -------------------------------------------------------------------------------------------------------------------
1.       Names of Reporting Persons.                                                            Charles E. Davidson
         I.R.S. Identification Nos. of Above Persons (entities only)
         (Intentionally Omitted)

- -------------------------------------------------------------------------------------------------------------------
2.       Check the Appropriate Box if a Member of a Group                                                   (a) [ ]
         (See Instructions)                                                                                 (b) [ ]

- -------------------------------------------------------------------------------------------------------------------
3.       SEC Use Only

- -------------------------------------------------------------------------------------------------------------------
4.       Source of Funds (See Instructions)                                                                      OO

- -------------------------------------------------------------------------------------------------------------------
5.       Check if Disclosure of Legal Proceedings is
         Required Pursuant to Items 2(d) or 2(e)                                                                [ ]

- -------------------------------------------------------------------------------------------------------------------
6.       Citizenship or Place of Organization United States

- -------------------------------------------------------------------------------------------------------------------
                                    7.      Sole Voting Power                                                     0
         Number of Shares
         Beneficially               -------------------------------------------------------------------------------
         Owned by Each              8.      Shared Voting Power (see Item 5 below)                        6,940,046
         Reporting
         Person With                -------------------------------------------------------------------------------
                                    9.      Sole Dispositive Power                                                0

                                    -------------------------------------------------------------------------------
                                    10.     Shared Dispositive Power (see Item 5 below)                   6,940,046

- -------------------------------------------------------------------------------------------------------------------
11.      Aggregate Amount Beneficially
         Owned by Each Reporting Person                                                                   6,940,046

- -------------------------------------------------------------------------------------------------------------------
12.      Check if the Aggregate Amount in Row (11) Excludes
         Certain Shares (See Instructions)                                                                      [ ]

- -------------------------------------------------------------------------------------------------------------------
13.      Percent of Class Represented by Amount in Row (11)                                                   16.5%

- -------------------------------------------------------------------------------------------------------------------
14.      Type of Reporting Person (See Instructions)                                                             IN

- -------------------------------------------------------------------------------------------------------------------



                                                               Page 4 of 8 Pages



CUSIP No. 760276 10 5



- -------------------------------------------------------------------------------------------------------------------
1.       Names of Reporting Persons.                                                               Joseph M. Jacobs
         I.R.S. Identification Nos. of Above Persons (entities only)
         (Intentionally Omitted)

- -------------------------------------------------------------------------------------------------------------------
2.       Check the Appropriate Box if a Member of a Group                                                   (a) [ ]
         (See Instructions)                                                                                 (b) [ ]

- -------------------------------------------------------------------------------------------------------------------
3.       SEC Use Only

- -------------------------------------------------------------------------------------------------------------------
4.       Source of Funds (See Instructions)                                                                      OO

- -------------------------------------------------------------------------------------------------------------------
5.       Check if Disclosure of Legal Proceedings is
         Required Pursuant to Items 2(d) or 2(e)                                                                [ ]

- -------------------------------------------------------------------------------------------------------------------
6.       Citizenship or Place of Organization                                                         United States

- -------------------------------------------------------------------------------------------------------------------
                                    7.      Sole Voting Power                                                     0
         Number of Shares
         Beneficially               -------------------------------------------------------------------------------
         Owned by Each              8.      Shared Voting Power (see Item 5 below)                        6,940,046
         Reporting
         Person With                -------------------------------------------------------------------------------
                                    9.      Sole Dispositive Power                                                0

                                    -------------------------------------------------------------------------------
                                    10.     Shared Dispositive Power (see Item 5 below)                   6,940,046

- -------------------------------------------------------------------------------------------------------------------
11.      Aggregate Amount Beneficially
         Owned by Each Reporting Person                                                                   6,940,046

- -------------------------------------------------------------------------------------------------------------------
12.      Check if the Aggregate Amount in Row (11) Excludes
         Certain Shares (See Instructions)                                                                      [ ]

- -------------------------------------------------------------------------------------------------------------------
13.      Percent of Class Represented by Amount in Row (11)                                                   16.5%

- -------------------------------------------------------------------------------------------------------------------
14.      Type of Reporting Person (See Instructions)                                                             IN

- -------------------------------------------------------------------------------------------------------------------



                                                               Page 5 of 8 Pages



     This Amendment No. 5 to Schedule 13D modifies and supplements the Schedule
13D initially filed on November 7, 2005, and amended by Amendment No. 1 to
Schedule 13D filed on November 21, 2005, Amendment No. 2 to Schedule 13D filed
on December 19, 2004, Amendment No. 3 to Schedule 13D filed on January 4, 2006,
and Amendment No. 4 to Schedule 13D filed on May 9, 2006 (as amended, the
"Statement"), with respect to the common stock, $0.001 par value per share (the
"Common Stock"), of Republic Airways Holdings Inc., a Delaware corporation (the
"Company"). Except to the extent supplemented by the information contained in
this Amendment No. 5, the Statement, as amended as provided herein, remains in
full force and effect. Capitalized terms used herein without definition have the
respective meanings ascribed to them in the Statement.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.
         ------------------------------------

     Since the date of the Statement, the Reporting Persons effectuated the
following sales of shares of Common Stock in open market transactions: (a) an
aggregate of 193,000 shares in June 2006 at an average price of $15.39 per share
and (b) an aggregate of 892,660 shares on August 10, 2006 at an average price of
$16.02 per share. As a result of the foregoing, the aggregate number and
percentage (on the basis of 42,122,134 shares of Common Stock issued and
outstanding, as reported in the Company's Form 10-Q filed August 8, 2006) of
shares of Common Stock beneficially owned by the Reporting Persons are as
follows:

     WexAir LLC:
     (a)   Amount beneficially owned: 6,915,463
     (b)   Percent of class: 16.4%
     (c)   Number of shares as to which the person has:
           (i)    Sole power to vote or to direct the vote: 6,915,463
           (ii)   Shared power to vote or to direct the vote: 0
           (iii)  Sole power to dispose or to direct the disposition of:
                  6,915,463
           (iv)   Shared power to dispose or to direct the disposition of: 0

     Wexford Capital LLC:
     (a)   Amount beneficially owned: 6,940,046
     (b)   Percent of class: 16.5%
     (c)   Number of shares as to which the person has:
           (i)    Sole power to vote or to direct the vote: 24,583
           (ii)   Shared power to vote or to direct the vote: 6,915,463
           (iii)  Sole power to dispose or to direct the disposition of: 24,583
           (iv)   Shared power to dispose or to direct the disposition of:
                  6,915,463

     Charles E. Davidson:
     (a)   Amount beneficially owned: 6,940,046
     (b)   Percent of class: 16.5%
     (c)   Number of shares as to which the person has:
           (i)    Sole power to vote or to direct the vote: 0
           (ii)   Shared power to vote or to direct the vote: 6,940,046
           (iii)  Sole power to dispose or to direct the disposition of: 0
           (iv)   Shared power to dispose or to direct the disposition of:
                  6,940,046

     Joseph M. Jacobs:
     (a)   Amount beneficially owned: 6,940,046
     (b)   Percent of class: 16.5%
     (c)   Number of shares as to which the person has:
           (i)    Sole power to vote or to direct the vote: 0
           (ii)   Shared power to vote or to direct the vote: 6,940,046
           (iii)  Sole power to dispose or to direct the disposition of: 0
           (iv)   Shared power to dispose or to direct the disposition of:
                  6,940,046

     Wexford Capital may, by reason of its status as managing member of WexAir,
be deemed to own beneficially the shares of Common Stock of which WexAir
possesses beneficial ownership. Each of Charles E. Davidson and Joseph M. Jacobs
may, by reason of his status as a controlling person of Wexford Capital, be
deemed to own beneficially the shares of Common Stock of which WexAir and
Wexford Capital possesses beneficial ownership. Each of Charles E. Davidson,
Joseph M. Jacobs and Wexford Capital shares the power to vote and to dispose of
the shares of Common


                                                               Page 6 of 8 Pages



Stock beneficially owned by WexAir and Wexford Capital. Each of Messrs. Davidson
and Jacobs disclaims beneficial ownership of the shares of Common Stock owned by
WexAir and Wexford Capital.

     Except as set forth above, the Reporting Persons have not effected any
transactions in the Common Stock during the 60 days preceding the date of this
Amendment No. 5 to Schedule 13D.


                                    * * * * *









                                                               Page 7 of 8 Pages




                                    SIGNATURE
                                    ---------

     After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.

Dated: August 16, 2006

                               WexAir LLC

                               By: /s/ Arthur H. Amron
                                   -----------------------------------
                                   Name:  Arthur H. Amron
                                   Title: Vice President and Assistant Secretary


                               WEXFORD CAPITAL LLC

                               By: /s/ Arthur H. Amron
                                   -----------------------------------
                                   Name:  Arthur H. Amron
                                   Title: Principal and Secretary


                               /s/ Charles E. Davidson
                               ---------------------------------------
                               CHARLES E. DAVIDSON


                               /s/ Joseph M. Jacobs
                               ---------------------------------------
                               JOSEPH M. JACOBS




                                                               Page 8 of 8 Pages
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