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Republic Airways Holdings Reports September 2014 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Oct. 7, 2014-- Republic Airways Holdings Inc. (NASDAQ: RJET) today reported preliminary passenger traffic results for September 2014.

The Company generated more than 900 million revenue passenger miles (RPMs) in September, an 11% increase over the same period in 2013, on an 8% increase in available seat miles (ASMs). Block hours increased 1%, and the load factor increased two percentage points from the same period in 2013. Republic Airways carried more than 1.8 million passengers, a 5% increase compared to September 2013.

 

       

September

   
2014     2013
Total     Total     Change
RPMs (000s) 916,274 828,727 11%
ASMs (000s) 1,201,471 1,108,667 8%
Block Hrs 60,969 60,250 1%
LF % 76.3% 74.7% 2 pts
Passengers 1,841,915 1,751,546 5%
Departures 34,952 36,443 -4%
 

 

Quarter to Date

2014 2013
Total     Total     Change
RPMs (000s) 3,010,870 2,687,561 12%
ASMs (000s) 3,817,665 3,469,520 10%
Block Hrs 194,716 190,589 2%
LF % 78.9% 77.5% 1 pts
Passengers 5,946,742 5,624,693 6%
Departures 110,272 114,037 -3%
 

 

Year to Date

2014 2013
Total     Total     Change
RPMs (000s) 8,612,476 7,600,722 13%
ASMs (000s) 10,898,874 9,975,417 9%
Block Hrs 572,077 555,255 3%
LF % 79.0% 76.2% 3 pts
Passengers 16,985,158 15,910,016 7%
Departures 320,120 327,060 -2%
 

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.” As of Oct. 1, 2014, the airlines operated a combined fleet of about 250 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.