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Republic Airways Reports May 2012 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Jun. 5, 2012-- Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for May 2012. The Company generated approximately 1.8 billion revenue passenger miles (RPMs), which was 6% lower than the same month last year, on a 7% decrease in capacity of 2.1 billion available seat miles (ASMs). Block hours were 75,440 in May 2012, a decrease of 9% from May 2011. Consolidated load factor was 83% in May of 2012 versus 82% in the same month last year. Republic Airways carried 2.6 million passengers during the month, a decrease of 7% from the prior year.

     
May
2012 2011
Total   Total   Change
RPMs (000s) 1,752,744 1,862,243 -6%
ASMs (000s) 2,107,132 2,260,988 -7%
Block Hrs 75,440 82,515 -9%
LF % 83% 82% 1 pt
Passengers 2,604,178 2,803,464 -7%
 
Quarter to Date
2012 2011
Total   Total   Change
RPMs (000s) 3,447,772 3,581,341 -4%
ASMs (000s) 4,221,592 4,440,538 -5%
Block Hrs 150,958 162,283 -7%
LF % 82% 81% 1 pt
Passengers 5,106,766 5,360,608 -5%
 
Year to Date
2012 2011
Total   Total   Change
RPMs (000s) 8,288,412 8,280,332 0%
ASMs (000s) 10,591,068 10,777,049 -2%
Block Hrs 380,583 397,222 -4%
LF % 78% 77% 1 pt
Passengers 12,142,192 12,355,577 -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 132 cities in 45 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

"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.