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Republic Airways Holdings Reports November 2014 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Dec. 8, 2014-- Republic Airways Holdings Inc. (NASDAQ: RJET) today reported preliminary passenger traffic results for November 2014.

The Company generated more than 900 million revenue passenger miles (RPMs) in November, a 9% increase over the same period in 2013, on a 7% increase in available seat miles (ASMs). Block hours decreased 1%, and the load factor increased one percentage point from the same period in 2013. Republic Airways carried more than 1.7 million passengers during the month, a 1% decrease compared to November 2013.

    November    
2014     2013
Total     Total     Change
RPMs (000s) 911,771 837,757 9%
ASMs (000s) 1,212,896 1,130,121 7%
Block Hrs 61,636 62,408 -1%
LF % 75% 74% 1 pts
Passengers 1,747,551 1,767,834 -1%
Departures 33,591 36,952 -9%
 
Quarter to Date
2014 2013
Total     Total     Change
RPMs (000s) 1,929,385 1,762,848 9%
ASMs (000s) 2,490,259 2,338,809 6%
Block Hrs 126,901 128,616 -1%
LF % 77% 75% 2 pts
Passengers 3,758,571 3,701,150 2%
Departures 70,425 76,284 -8%
 
Year to Date
2014 2013
Total     Total     Change
RPMs (000s) 10,541,861 9,363,571 13%
ASMs (000s) 13,389,133 12,314,226 9%
Block Hrs 698,978 683,871 2%
LF % 79% 76% 3 pts
Passengers 20,743,729 19,611,166 6%
Departures 390,545 403,344 -3%
 

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 offered scheduled passenger service on about 1,300 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, including 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.