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Republic Airways Reports January 2011 Traffic

INDIANAPOLIS, Feb 03, 2011 (BUSINESS WIRE) -- Republic Airways Holdings (NASDAQ:RJET), today reported preliminary passenger traffic results for January 2011. The Company generated 1.5 billion revenue passenger miles (RPMs), a 1% decrease from the same month last year, while available seat miles (ASMs) decreased by 5%. Block hours were 78,886 in January 2011, a 6% decline from January 2010. Consolidated load factor was 71% versus 68% in January 2010. Over 2.2 million passengers were carried during the month, unchanged from the same month last year.

January

2011 2010
Total Total Change
RPMs (000s) 1,497,103 1,516,303 -1%
ASMs (000s) 2,112,128 2,219,253 -5%
Block Hrs 78,886 83,584 -6%
LF % 71% 68% 3 pp
Passengers 2,233,556 2,235,145 0%

Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Republic Airlines and Shuttle America, collectively "the airlines." The airlines offer scheduled passenger service on approximately 1,500 flights daily to 129 cities in 41 states, Canada, Costa Rica, and Mexico under branded operations at Frontier, 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 275 aircraft.

SOURCE: Republic Airways Holdings

Republic Airways Holdings
Media Contact: Carlo Bertolini, 317-484-6069
IR Contact: Timothy Dooley, 317-487-4308
www.rjet.com

"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.