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Republic Airways Reports October 2011 Traffic

INDIANAPOLIS, Nov 07, 2011 (BUSINESS WIRE) -- Republic Airways Holdings (NASDAQ/NM: RJET), today reported preliminary passenger traffic results for October 2011. The Company generated 1.7 billion revenue passenger miles (RPMs), which was 3% lower than the same month last year, while capacity was down 4% at 2.1 billion available seat miles (ASMs). Block hours were 76,500 in October 2011, a decrease of 4% from October 2010. Consolidated load factor was 82% in October of 2011, versus 81% in the same month last year. Republic Airways carried 2.6 million passengers during the month, a 5% reduction from the same month last year.

October

2011 2010
Total Total Change
RPMs (000s) 1,716,090 1,775,273 -3%
ASMs (000s) 2,103,532 2,197,768 -4%
Block Hrs 76,500 79,509 -4%
LF % 82% 81%

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Passengers 2,634,873 2,776,692 -5%

Year to Date

2011 2010
Total Total Change
RPMs (000s) 17,615,947 17,887,038 -2%
ASMs (000s) 22,039,239 22,325,640 -1%
Block Hrs 798,995 817,161 -2%
LF % 80% 80%

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Passengers 26,348,042 26,986,786 -2%

Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America, collectively "the airlines." The airlines offer scheduled passenger service on over 1,500 flights daily to 126 cities in 43 states, The Bahamas, Canada, Costa Rica, Jamaica, 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 10,500 aviation professionals and operate 275 aircraft.

SOURCE: Republic Airways Holdings

Republic Airways Holdings
Margaret Miller, 317-246-2628

"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.