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Republic Airways Reports June 2012 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Jul. 5, 2012-- Republic Airways Holdings (NASDAQ/NM: RJET), today reported preliminary passenger traffic results for June 2012. The Company generated approximately 1.9 billion revenue passenger miles (RPMs), which was in line with the same month last year, on a 5% decrease in capacity to 2.2 billion available seat miles (ASMs). Block hours were 76,009 in June 2012, a decrease of 7% from June 2011. Consolidated load factor was 86% in June of 2012 versus 81% in the same month last year. Republic Airways carried 2.7 million passengers during the month, a decrease of 5% from the prior year.

           
Jun
2012 2011
Total     Total     Change
RPMs (000s) 1,863,639 1,862,243 0%
ASMs (000s) 2,170,623 2,295,756 -5%
Block Hrs 76,009 81,827 -7%
LF % 86% 81% 5 pts
Passengers 2,729,801 2,858,781 -5%
 
Quarter to Date
2012 2011
Total     Total     Change
RPMs (000s) 5,311,410 5,506,034 -4%
ASMs (000s) 6,392,215 6,736,295 -5%
Block Hrs 226,968 244,109 -7%
LF % 83% 82% 1 pt
Passengers 7,836,567 8,219,389 -5%
 
Year to Date
2012 2011
Total     Total     Change
RPMs (000s) 10,152,051 10,205,025 -1%
ASMs (000s) 12,761,690 13,072,805 -2%
Block Hrs 456,593 479,049 -5%
LF % 80% 78% 2 pts
Passengers 14,871,993 15,214,358 -2%
 

Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America, collectively "the airlines." The airlines offer scheduled passenger service on nearly 1,500 flights daily to 136 cities in 46 states, The Bahamas, Canada, Costa Rica, Dominican Republic, Jamaica, and Mexico under pro-rate agreements with Frontier, and through fixed-fee airline services agreements with five major U.S. airlines. The fixed-fee flights are operated under an airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 10,000 aviation professionals and operate 278 aircraft.

Source: Republic Airways Holdings

Republic Airways Holdings
Margaret Miller, 317-246-2628
http://www.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.