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Republic Airways Reports December 2013 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Jan. 7, 2014-- Republic Airways Holdings (NASDAQ: RJET) today reported preliminary passenger traffic results for December 2013. The following tables contain traffic results for Republic’s continuing operations, and exclude Frontier Airlines, which was acquired by an affiliate of Indigo Partners LLC on Dec. 3, 2013.

The Company generated 0.9 billion revenue passenger miles (RPMs) in December, a 10% increase over the same period in 2012 on a 7% increase in available seat miles (ASMs). Block hours were 11% greater, and load factor increased three percentage points from the same period in 2012. Republic Airways carried 1.9 million passengers, a 12% increase compared to December 2012.

      December      
2013       2012
Total       Total       Change
RPMs (000s) 926,015 839,001 10%
ASMs (000s) 1,171,741 1,097,478 7%
Block Hrs 66,060 59,500 11%
LF % 79% 76% 3 pts
Passengers 1,887,660 1,679,565 12%
 
Quarter to Date
2013 2012
Total       Total       Change
RPMs (000s) 2,688,864 2,560,060 5%
ASMs (000s) 3,510,550 3,294,054 7%
Block Hrs 194,676 176,079 11%
LF % 77% 78% -1 pt
Passengers 5,588,810 5,163,017 8%
 
Year to Date
2013 2012
Total       Total       Change
RPMs (000s) 10,289,586 10,119,627 2%
ASMs (000s) 13,485,967 13,437,377 0%
Block Hrs 749,931 701,040 7%
LF % 76% 75% 1 pt
Passengers 21,498,826 20,112,289 7%
 

Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America, collectively “the airlines.” The airlines operate a combined fleet of more than 250 aircraft and offer scheduled passenger service on over 1,300 flights daily to more than 110 cities in the U.S., Canada and the Bahamas through fixed-fee flights operated under airline partner brands, including American Eagle, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 6,000 aviation professionals. For more information on Republic Airways, please visit our website at www.rjet.com.

Source: Republic Airways Holdings

Republic Airways Holdings
Peter Kowalchuk, 317-246-2470

"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.