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Republic Airways Holdings Reports December 2015 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Jan. 11, 2016-- Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for December 2015.

The Company generated nearly 835 million revenue passenger miles (RPMs) in December, a 12% decrease over the same period in 2014, on a 16% decrease in available seat miles (ASMs). Block hours decreased 19%, and the load factor increased four percentage points from the same period in 2014. Republic Airways carried more than 1.5 million passengers during the month, a 15% decrease compared to December 2014.

  December  
2015   2014
Total   Total   Change
RPMs (000s) 834,775 952,356 -12%
ASMs (000s) 1,057,355 1,262,293 -16%
Block Hrs 52,042 64,033 -19%
LF % 79% 75% 4 pts
Passengers 1,567,291 1,833,185 -15%
Departures 28,379 35,051 -19%
 
Quarter to Date
2015 2014
Total   Total   Change
RPMs (000s) 2,669,641 2,881,740 -7%
ASMs (000s) 3,326,265 3,752,552 -11%
Block Hrs 164,846 190,934 -14%
LF % 80% 77% 3 pts
Passengers 5,166,451 5,591,756 -8%
Departures 92,433 105,476 -12%
 
Year to Date
2015 2014
Total   Total   Change
RPMs (000s) 11,118,232 11,494,217 -3%
ASMs (000s) 14,044,957 14,651,426 -4%
Block Hrs 707,259 763,011 -7%
LF % 79% 78% 1 pts
Passengers 21,933,617 22,576,914 -3%
Departures 399,522 425,596 -6%

Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Republic Airlines and Shuttle America, collectively called “the airlines.” As of Jan. 11, 2016, the airlines operate a combined fleet of about 200 aircraft and offer scheduled passenger service with approximately 1,000 flights daily to about 120 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 and United Express. The airlines currently employ about 6,200 aviation professionals. For more about Republic Airways, please visit our website at www.rjet.com.

Source: Republic Airways Holdings Inc.

Republic Airways Holdings
Corporate Communications, 317-471-2470
CorpComm@rjet.com

"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.