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Republic Airways Holdings Reports August 2014 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Sep. 8, 2014-- Republic Airways Holdings Inc. (NASDAQ: RJET) today reported preliminary passenger traffic results for August 2014.

The Company generated more than 1 billion revenue passenger miles (RPMs) in August, an 11% increase over the same period in 2013, on a 9% increase in available seat miles (ASMs). Block hours increased 2%, and the load factor increased one percentage point from the same period in 2013. Republic Airways carried more than 2 million passengers, a 5% increase compared to August 2013.

                 

August

2014

2013

Total

    Total    

Change

RPMs (000s) 1,041,133 940,812 11%
ASMs (000s) 1,313,708 1,201,590 9%
Block Hrs 67,298 65,973 2%
LF % 79.3% 78.3% 1 pts
Passengers 2,051,866 1,962,522 5%
Departures 37,959 39,439 -4%
 
Quarter to Date
2014 2013
Total     Total    

Change

RPMs (000s) 2,094,596 1,858,834 13%
ASMs (000s) 2,616,194 2,360,853 11%
Block Hrs 133,747 130,339 3%
LF % 80.1% 78.7% 1 pts
Passengers 4,104,827 3,873,147 6%
Departures 75,320 77,594 -3%
 
Year to Date
2014 2013
Total     Total    

Change

RPMs (000s) 7,696,202 6,771,995 14%
ASMs (000s) 9,697,403 8,866,750 9%
Block Hrs 511,108 495,005 3%
LF % 79.4% 76.4% 3 pts
Passengers 15,143,243 14,158,470 7%
Departures 285,168 290,617 -2%
 

Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America, collectively called “the airlines.” As of July 1, 2014, the airlines operated a combined fleet of about 250 aircraft and offered scheduled passenger service on about 1,300 flights daily to about 110 cities in the U.S., Canada and the Caribbean through fixed-fee flights operated under our major airline partner brands, including American Eagle, Delta Connection, United Express and US Airways Express. The airlines currently employ about 6,500 aviation professionals. For more about Republic Airways, please visit our website at www.rjet.com.

Source: Republic Airways Holdings Inc.

Republic Airways Holdings
Scott Thien, Manager, Corporate Communications, 317-471-2470

"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.