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Republic Airways Holdings Reports March 2015 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Apr. 8, 2015--

Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for March 2015.

The Company generated more than 975 million revenue passenger miles (RPMs) in March, a 1 percent decrease over the same period in 2014, on a 1 percent decrease in available seat miles (ASMs). Block hours declined 8 percent to about 62,000, and the load factor declined 1 percentage point compared to the same period last year. Republic Airways carried almost 1.9 million passengers during the month, down by 4 percent compared to March 2014.

                 
March
2015 2014
Total       Total       Change
RPMs (000s) 975,037 983,114 -1%
ASMs (000s) 1,232,217 1,235,335 -1%
Block Hrs 61,751 66,958 -8%
LF % 79% 80% -1 pts
Passengers 1,873,763 1,960,225 -4%
Departures 34,260 37,676 -9%
 
Year to Date
2015 2014
Total       Total       Change
RPMs (000s) 2,618,008 2,565,638 2%
ASMs (000s) 3,490,211 3,366,262 4%
Block Hrs 177,568 185,613 -4%
LF % 75% 76% -1 pts
Passengers 5,018,862 5,138,720 -2%
Departures 96,627 103,349 -7%
 

Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Republic Airlines, Shuttle America and Chautauqua Airlines, 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.