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Republic Airways Reports a 8% increase in August 2008 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Sept. 3, 2008--Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for August 2008. The company generated 880.0 million revenue passenger miles (RPMs), an 8.2% increase over the same month last year, while available seat miles (ASMs) increased 10.8% to 1.15 billion. Block hours were 63,791 in August 2008, a 5.1% increase over August 2007. Load factor was 76.8% versus 78.7% in August 2007. A total of 1,738,722 passengers were carried during the month, a 12.6% increase over the same month last year.

                                August
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                                          2008       2007      Change
                                        ---------  ---------  --------
RPMs (000s)                               880,027    813,290   8.2%
ASMs (000s)                             1,145,295  1,033,581  10.8%
Block Hours                                63,791     60,675   5.1%
Load Factor                                  76.8%      78.7% (1.9) pp
Passengers                              1,738,722  1,544,291  12.6%
                           Quarter to Date
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                                          2008       2007      Change
                                        ---------  ---------  --------
RPMs (000s)                             1,772,733  1,608,363  10.2%
ASMs (000s)                             2,297,957  2,024,156  13.5%
Block Hours                               128,737    118,867   8.3%
Load Factor                                  77.1%      79.5% (2.4) pp
Passengers                              3,494,358  3,043,363  14.8%
                             Year to Date
----------------------------------------------------------------------

                                         2008        2007      Change
                                      ----------- ----------- --------
RPMs (000s)                            6,709,829   5,512,664  21.7%
ASMs (000s)                            8,965,200   7,278,098  23.2%
Block Hours                              510,652     434,484  17.5%
Load Factor                                 74.8%       75.7% (0.9) pp
Passengers                            13,028,372  10,428,640  24.9%

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 1,200 flights daily to 111 cities in 34 states, Canada, Mexico and Jamaica through airline services agreements with five U.S. airlines. All of the airlines' flights are operated under their airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express and US Airways Express. The airlines currently employ approximately 4,600 aviation professionals and operate 230 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.