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|Republic Airways Reports March 2010 Traffic|
INDIANAPOLIS, Apr 06, 2010 (BUSINESS WIRE) --Republic Airways Holdings (NASDAQ:RJET), today reported preliminary passenger traffic results for March 2010. The Company generated 1.83 billion revenue passenger miles (RPMs), a 110% increase from the same month last year, while available seat miles (ASMs) increased 93%. Block hours were 83,799 in March 2010, a 34% increase from March 2009. Consolidated load factor was 80% versus 74% in March 2009. More than 2.7 million passengers were carried during the month, a 59% 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 1.09 billion RPMs in March 2010, an increase of 16% over their combined March 2009 results. Capacity (ASMs) for the branded carriers increased 7% to 1.30 billion in March 2010 compared to 1.21 billion in March 2009. Load factor on the branded operations was 84% in March 2010 compared to 78% in March 2009, with both carriers achieving the highest March load factor in their histories. The branded carriers served 1.25 million passengers last month, a 10% increase from March 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 123 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 283 aircraft.
SOURCE: Republic Airways Holdings
Republic Airways Holdings