News Release

Republic Airways Reports January 2010 Traffic

INDIANAPOLIS, Feb 04, 2010 (BUSINESS WIRE) -- Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for January 2010. The Company generated 1.52 billion revenue passenger miles (RPMs), a 119% increase from the same month last year, while available seat miles (ASMs) increased 102%. Block hours were 83,557 in January 2010, a 39% increase from January 2009. Consolidated load factor was 68% versus 63% in January 2009. More than 2.2 million passengers were carried during the month, a 66% increase from the same month last year. As a reminder, the 2009 results do not include operations at Midwest Airlines and Frontier Airlines which were purchased by the Company in July 2009 and October 2009, respectively.

The branded operations at Frontier and Midwest generated 875 million RPMs in January 2010, an increase of 9% over their combined January 2009 results. Capacity (ASMs) for the branded carriers increased 4% to 1.25 billion in January 2010 compared to 1.20 billion in January 2009. Load factor on the branded operations was 70% in January 2010 compared to 67% in January 2009. The branded carriers served just over 1 million passengers last month, a 5% increase from January 2009.

January

	2010		2010		2010		2009
	Fixed Fee		Branded		Total		Total		Change
RPMs (000s)	641,765		874,538		1,516,303		691,896		119	%
ASMs (000s)	964,505		1,254,748		2,219,253		1,101,205		102	%
Block Hrs	50,568		32,989		83,557		60,195		39	%
LF %	67	%	70	%	68	%	63	%	5 pp
Passengers	1,234,919		1,000,226		2,235,145		1,344,746		66	%

Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Midwest Airlines, Republic Airlines and Shuttle America, collectively "the airlines." The airlines offer scheduled passenger service on approximately 1,600 flights daily to 118 cities in 44 states, Canada, Costa Rica, and Mexico under branded operations at Frontier and Midwest, 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 11,000 aviation professionals and operate 287 aircraft. www.rjet.com

SOURCE: Republic Airways Holdings

Republic Airways Holdings
Media Contact:
Carlo Bertolini, 317-484-6069
or
IR Contact:
Timothy Dooley, 317-487-4308

"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.