News Release
| << Back |
| 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
----------------------------------------------------------------------
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
----------------------------------------------------------------------
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 |