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Republic Airways Holdings Reports January 2016 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Feb. 12, 2016-- Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for January 2016.

The Company generated more than 738 million revenue passenger miles (RPMs) in January, a 12% decrease over the same period in 2015, on a 15% decrease in available seat miles (ASMs). Block hours decreased 19%, and the load factor increased three percentage points from the same period in 2015. Republic Airways carried nearly 1.4 million passengers during the month, a 15% decrease compared to January 2015.

    January    
2016     2015
Total     Total     Change
RPMs (000s) 738,042 841,141 -12%
ASMs (000s) 1,015,636 1,198,579 -15%
Block Hrs 49,957 61,464 -19%
LF % 73% 70% 3 pts
Passengers 1,371,077 1,606,437 -15%
Departures 27,063 33,148 -18%

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 6,000 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.