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Republic Airways Holdings Reports January 2015 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Feb. 6, 2015-- Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for January 2015.

The Company generated more than 840 million revenue passenger miles (RPMs) in January, a 5% increase over the same period in 2014, on a 9% increase in available seat miles (ASMs). Block hours remained unchanged at about 61,000, and the load factor decreased three percentage points from the same period in 2014. Republic Airways carried more than 1.6 million passengers during the month, virtually unchanged compared to January 2014.

                 

 

January

2015 2014
Total       Total       Change
RPMs (000s) 841,141 800,861 5%
ASMs (000s) 1,198,579 1,102,187 9%
Block Hours 61,464 61,686 0%
Load Factor % 70% 73% -3 pts
Passengers 1,606,437 1,604,268 0%
Departures 33,148 33,743 -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.” The airlines operate a combined fleet of about 240 aircraft and offer scheduled passenger service with nearly 1,300 flights daily to approximately 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.