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Republic Airways Holdings reports December 2014 traffic

INDIANAPOLIS--(BUSINESS WIRE)--Jan. 8, 2015-- Republic Airways Holdings Inc. (NASDAQ/NM:RJET) today reported preliminary passenger traffic results for December 2014.

The Company generated more than 950 million revenue passenger miles (RPMs) in December, a 3% increase over the same period in 2013, on an 8% increase in available seat miles (ASMs). Block hours decreased 3%, and the load factor decreased four percentage points from the same period in 2013. Republic Airways carried more than 1.8 million passengers during the month, a 3% decrease compared to December 2013.

 
December
  2014   2013  
Total Total Change
RPMs (000s) 952,356 926,015 3%
ASMs (000s) 1,262,293 1,171,741 8%
Block Hrs 64,033 66,060 -3%
LF % 75% 79% -4 pts
Passengers 1,833,185 1,887,660 -3%
Departures 35,051 36,911 -5%
 
Quarter to Date
2014 2013
Total Total Change
RPMs (000s) 2,881,740 2,688,864 7%
ASMs (000s) 3,752,552 3,510,550 7%
Block Hrs 190,934 194,676 -2%
LF % 77% 77% 0 pts
Passengers 5,591,756 5,588,810 0%
Departures 105,476 113,195 -7%
 
Year to Date
2014 2013
Total Total Change
RPMs (000s) 11,494,217 10,289,586 12%
ASMs (000s) 14,651,426 13,485,967 9%
Block Hrs 763,011 749,931 2%
LF % 78% 76% 2 pts
Passengers 22,576,914 21,498,826 5%
Departures 425,596 440,255 -3%

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.” The airlines operate a combined fleet of about 240 aircraft and offered scheduled passenger service with about 1,300 flights daily to about 100 cities in the U.S., Canada and the Caribbean through fixed-fee flights operated under our major airline partner brands of 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, 317-471-2470
Manager, Corporate Communications

"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.