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Republic Airways Reports March 2012 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Apr. 9, 2012-- Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for March 2012. The Company generated 1.8 billion revenue passenger miles (RPMs), which was in line with the same month last year, on a decrease in capacity of 2% at 2.2 billion available seat miles (ASMs). Block hours were 79,910 in March 2012, a decrease of 5% from March 2011. Consolidated load factor was 80% in March of 2012 versus 78% in the same month last year. Republic Airways carried 2.6 million passengers during the month, which was 2% lower than the prior year.

                         
March
2012 2011
Total         Total         Change
RPMs (000s) 1,809,677 1,801,631 0%
ASMs (000s) 2,251,139 2,296,720 -2%
Block Hrs 79,910 84,328 -5%
LF % 80% 78% 2 pts
Passengers 2,615,308 2,668,803 -2%
 
 
Quarter to Date
2012 2011
Total         Total         Change
RPMs (000s) 4,840,641 4,698,991 3%
ASMs (000s) 6,369,476 6,336,511 1%
Block Hrs 229,625 234,940 -2%
LF % 76% 74% 2 pts
Passengers 7,035,426 6,994,969 1%
 

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 nearly 1,500 flights daily to 134 cities in 43 states, The Bahamas, Canada, Costa Rica, Dominican Republic, 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 10,000 aviation professionals and operate 264 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.