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CORRECTING and REPLACING Republic Airways Reports March 2013 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Apr. 3, 2013-- Please replace the release dated April 3, 2013 with the following corrected version due to multiple revisions.

The corrected release reads:

REPUBLIC AIRWAYS REPORTS MARCH 2013 TRAFFIC

Republic Airways Holdings (NASDAQ/NM: RJET), today reported preliminary passenger traffic results for March 2013. The Company generated approximately 1.7 billion revenue passenger miles (RPMs), a decrease of 7% from March 2012, on a 10% reduction in capacity. Block hours were 1% less than the same period in 2012. Consolidated load factor increased to 83% from 80% in March 2012. Republic Airways carried 2.6 million passengers in March, a slight increase from the prior year.

 

March

  2013     2012    
Total     Total     Change
RPMs (000s) 1,681,144 1,809,677 -7%
ASMs (000s) 2,032,036 2,251,139 -10%
Block Hrs 79,038 79,910 -1%
LF % 83% 80% 3 pts
Passengers 2,648,324 2,615,308 1%
 

 

Quarter to Date

20131 2012
Total     Total     Change
RPMs (000s) 4,595,118 4,840,641 -5%
ASMs (000s) 5,790,131 6,369,476 -9%
Block Hrs 224,922 229,625 -2%
LF % 79% 76% 3 pts
Passengers 7,174,864 7,035,426 2%
 

Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America, collectively “the airlines.” The airlines operate a combined fleet of more than 280 aircraft and offer scheduled passenger service on nearly 1,500 flights daily to over 145 cities in the U.S. as well as to the Bahamas, Canada, Costa Rica, Dominican Republic, Jamaica, Mexico and Turks and Caicos Islands under branded operations at Frontier, and through fixed-fee flights operated under airline partner brands, including AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 10,000 aviation professionals. For more information on Republic Airways, please visit our website at www.rjet.com.

1 January and February 2013 traffic releases inadvertently excluded charter flying within the Frontier operations.

Source: Republic Airways Holdings

Republic Airways Holdings
Margaret Miller, 317-246-2628

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Republic Airways Holdings's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the summary of risk factors contained in our earnings release.