|View printer-friendly version|
|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.
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