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Republic Airways Holdings Reports May 2015 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Jun. 9, 2015-- Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for May 2015.

The Company generated more than 1 million revenue passenger miles (RPMs) in May, down about 2 percent compared to the same period in 2014, with a 1 percent reduction in available seat miles (ASMs). Block hours declined 3 percent to about 61,600, and the load factor decreased 1 percentage point compared to the same period last year. Republic Airways carried more than 2 million passengers during the month, an increase of 1 percent compared to May 2014.

       
May
2015 2014

Total

  Total   Change
RPMs (000s) 1,005,796 1,027,414 -2 %
ASMs (000s) 1,231,380 1,240,755 -1 %
Block Hrs 61,569 63,641 -3 %
LF % 82 % 83 % -1 pts
Passengers 2,018,684 1,996,906 1 %
Departures 35,524 35,395 0 %
 
Quarter to Date
2015 2014
Total   Total   Change
RPMs (000s) 1,973,348 1,999,315 -1 %
ASMs (000s) 2,448,790 2,457,848 0 %
Block Hrs 122,338 126,847 -4 %
LF % 81 % 81 % 0 pts
Passengers 3,906,310 3,876,341 1 %
Departures 69,738 70,378 -1 %
 
Year to Date
2015 2014
Total   Total   Change
RPMs (000s) 4,591,355 4,564,953 1 %
ASMs (000s) 5,939,002 5,824,110 2 %
Block Hrs 299,906 312,460 -4 %
LF % 77 % 78 % -1 pts
Passengers 8,925,172 9,015,061 -1 %
Departures 166,365 173,727 -4 %
 

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 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.