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Republic Airways Holdings Reports June 2015 Traffic

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

The Company generated more than 970 million revenue passenger miles (RPMs) in June, down about 6 percent compared to the same period in 2014, with a 6 percent reduction in available seat miles (ASMs). Block hours declined 8 percent to about 60,000, and the load factor increased 1 percentage point compared to the same period last year. Republic Airways carried nearly 2 million passengers during the month, a decrease of 4 percent compared to June 2014.

           
June
2015 2014
Total     Total     Change
RPMs (000s) 973,309 1,036,653 -6%
ASMs (000s) 1,179,210 1,257,099 -6%
Block Hrs 60,019 64,901 -8%
LF % 83% 82% 1 pt
Passengers 1,944,009 2,023,355 -4%
Departures 34,023 36,121 -6%
 
Quarter to Date
2015 2014
Total     Total     Change
RPMs (000s) 2,946,657 3,035,968 -3%
ASMs (000s) 3,628,000 3,714,947 -2%
Block Hrs 182,357 191,748 -5%
LF % 81% 82% -1 pt
Passengers 5,850,319 5,899,696 -1%
Departures 103,761 106,499 -3%
 

Year to Date

2015 2014
Total     Total    

Change

RPMs (000s) 5,564,664 5,601,606 -1%
ASMs (000s) 7,118,211 7,081,209 1%
Block Hrs 359,925 377,361 -5%
LF % 78% 79% -1 pt
Passengers 10,869,181 11,038,416 -2%
Departures 200,388 209,848 -5%
 

Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns 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 approximately 1,250 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, 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.