Two things here....
First, I'm not sure where Air Transport World got that 70M figure. According to NASDAQ, it was 24.6M over 20M same quarter last year. Still a huge increase and does not justify their refusal to pay pilots a decent wage.

http://www.nasdaq.com/article/republic-airways-holdings-q2-profit-tops-view---quick-facts-20130725-01792

Secondly, this news may bode well for our upcoming negotiations. Profits this large with an increase of 25% over a year will become a strong leverage point for the union in front of the NMB. It will be difficult for the company to continue to justify these wages with such an increase.