Indianapolis-based Republic Airways reported a smaller third-quarter profit Wednesday despite the addition of Midwest Airlines.

Republic reported earnings of $3.3 million or 9 cents per share, an 80 percent drop from $17 million, or 50 cents from a year earlier.

Analysts surveyed by Thomson Reuters were expecting, on average, a profit of 29 cents a share.

Revenue fell 6.7 percent to $359.6 million, from $385.2 million a year earlier.

Midwest had a pretax loss of $15.9 million during the two months of the quarter it was owned by Republic, The Associated Press reported.