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Republic Airways Holdings Reports November 2015 Traffic

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

Republic Airways generated more than 872 million revenue passenger miles (RPMs) in November, down about 4 percent compared to the same period in 2014, with a 9 percent reduction in available seat miles (ASMs). Block hours declined 11 percent to about 55,000, and the load factor increased 4 percentage points compared to the same period last year. The Company carried nearly 1.7 million passengers during the month, a 3 percent decrease compared to November 2014.

    November    
2015     2014
Total     Total     Change
RPMs (000s) 872,480 911,771 -4%
ASMs (000s) 1,099,892 1,212,896 -9%
Block Hrs 54,672 61,636 -11%
LF % 79% 75% 4 pts
Passengers 1,697,251 1,747,551 -3%
Departures 30,761 33,591 -8%
 
Quarter to Date
2015 2014
Total     Total     Change
RPMs (000s) 1,834,866 1,929,385 -5%
ASMs (000s) 2,268,910 2,490,259 -9%
Block Hrs 112,804 126,901 -11%
LF % 81% 77% 4 pts
Passengers 3,599,160 3,758,571 -4%
Departures 64,054 70,425 -9%
 
Year to Date
2015 2014
Total     Total     Change
RPMs (000s) 10,283,457 10,541,861 -2%
ASMs (000s) 12,987,602 13,389,133 -3%
Block Hrs 655,217 698,978 -6%
LF % 79% 79% 0 pts
Passengers 20,366,326 20,743,729 -2%
Departures 371,143 390,545 -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.” As of Dec. 8, 2015, the airlines operate a combined fleet of about 200 aircraft and offer scheduled passenger service with approximately 1,100 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 6,200 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.