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Republic Airways Holdings Reports a 55.5% Increase in March 2005 Traffic

INDIANAPOLIS, Apr 05, 2005 (BUSINESS WIRE) -- Republic Airways Holdings Inc. (NASDAQ:RJET), parent company of Chautauqua Airlines, today reported preliminary passenger traffic results for March 2005. The company generated 364.6 million revenue passenger miles (RPMs), a 55.5% increase over the same month last year, while available seat miles (ASMs) increased to 500.5 million, a 40.9% increase. Load factor was 72.9% versus 66.0% in March 2004. A total of 740,815 passengers were carried during the month, a 56.7% increase over the same month last year.

March
                                 -----
                                                  2005    2004  Change
                                               ------- ------- -------
Revenue Passenger Miles (000)                  364,647 234,430   55.5%
Available Seat Miles (000)                     500,485 355,301   40.9%
Load Factor                                       72.9%   66.0% 6.9 pp
Passengers                                     740,815 472,629   56.7%

                       Quarter ending March 31st
                       -------------------------
                                                2005      2004  Change
                                             -------   ------- -------
Revenue Passenger Miles (000)                941,555   614,136   53.3%
Available Seat Miles (000)                 1,406,035 1,016,156   38.4%
Load Factor                                     67.0%     60.4% 6.6 pp
Passengers                                 1,935,311 1,240,607   56.0%

                             Year to Date
                             ------------
                                                2005      2004  Change
                                             -------   ------- -------
Revenue Passenger Miles (000)                941,555   614,136   53.3%
Available Seat Miles (000)                 1,406,035 1,016,156   38.4%
Load Factor                                     67.0%     60.4% 6.6 pp
Passengers                                 1,935,311 1,240,607   56.0%

Chautauqua Airlines offers scheduled passenger service on more than 700 flights daily to 76 cities in 32 states, the District of Columbia, Canada and the Bahamas through code sharing agreements with four major U.S. airlines. The airline currently operates a fleet of 116 Embraer regional jets, including 68 ERJ-145s, 15 ERJ-140s, 17 ERJ-135s and 16 Embraer 170's. All of its flights are operated under its major airline partner brand, such as AmericanConnection, Delta Connection, United Express and US Airways Express. The airline employs more than 2,600 aviation professionals.

SOURCE: Republic Airways Holdings Inc.

Republic Airways Holdings Inc.
Warren R. Wilkinson, 317-484-6042

"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.