News Release

<< Back

Republic Airways Reports a 30% Increase in March 2008 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--April 2, 2008--Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for March 2008. The company generated 874.0 million revenue passenger miles (RPMs), a 30.2% increase over the same month last year, while available seat miles (ASMs) increased 28.7% to 1.1 billion. Block hours were 65,457 in March 2008, a 22.8% increase over March 2007. Load factor was 76.7% versus 75.8% in March 2007. A total of 1,674,324 passengers were carried during the month, a 31.8% increase over the same month last year.


                                              2008      2007    Change
                                            --------- --------- ------
RPMs (000s)                                  874,018   671,303  30.2%
ASMs (000s)                                 1,139,955  885,767  28.7%
Block Hours                                  65,457    53,303   22.8%
Load Factor                                   76.7%     75.8%   0.9 pp
Passengers                                  1,674,324 1,270,164 31.8%
                                                   Year to Date

                                           2008        2007     Change
                                         --------- ------------ ------
RPMs (000s)                              2,296,710  1,710,698   34.3%
ASMs (000s)                              3,240,322  2,452,784   32.1%
Block Hours                               188,824    149,739    26.1%
Load Factor                                70.9%      69.7%     1.2 pp
Passengers                               4,441,737  3,250,296   36.7%

Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America. The airlines offer scheduled passenger service on approximately 1,300 flights daily to 125 cities in 37 states, Canada, Mexico and Jamaica through airline services agreements with six U.S. airlines. All of the airlines' flights are operated under their airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, Frontier Airlines, United Express and US Airways Express. The airlines currently employ approximately 5,000 aviation professionals and operate 226 regional jets.

CONTACT: Republic Airways Holdings Warren R. Wilkinson, 317-484-6042
SOURCE: Republic Airways Holdings
"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.