News Release

Republic Airways Reports a 24% increase in June 2007 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--July 3, 2007--Republic Airways Holdings (NASDAQ:RJET), today reported preliminary passenger traffic results for June 2007. The company generated 772.9 million revenue passenger miles (RPMs), a 23.8% increase over the same month last year, while available seat miles (ASMs) increased to 943.5 million, a 21.2% increase. Block hours were 56,258 in June 2007, a 19.0% increase over June 2006. Load factor was 81.9% versus 80.2% in June 2006. A total of 1,632,431 passengers were carried during the month, a 35.9% increase over the same month last year.


                                                     June
                                         -----------------------------

                                           2007       2006     Change
                                         ---------  ---------  -------

RPMs (000s)                                772,872    624,269    23.8%
ASMs (000s)                                943,466    778,576    21.2%
Block Hours                                 56,258     47,295    19.0%
Load Factor                                   81.9%      80.2% 1.7 pp
Passengers                               1,632,431  1,201,550    35.9%
                                                Quarter to Date
                                         -----------------------------

                                           2007       2006     Change
                                         ---------  ---------  -------

RPMs (000s)                              2,193,603  1,735,977    26.4%
ASMs (000s)                              2,801,158  2,257,596    24.1%
Block Hours                                165,878    136,620    21.4%
Load Factor                                   78.3%      76.9% 1.4 pp
Passengers                               4,309,039  3,328,129    29.5%
                                                 Year to Date
                                         -----------------------------

                                           2007       2006     Change
                                         ---------  ---------  -------
RPMs (000s)                              3,904,301  3,110,267    25.5%
ASMs (000s)                              5,253,942  4,222,798    24.4%
Block Hours                                315,618    258,252    22.2%
Load Factor                                   74.3%      73.7% 0.6 pp
Passengers                               7,559,335  5,883,377    28.5%

Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America. The airlines offer scheduled passenger service on over 1,100 flights daily to 116 cities in 38 states, Canada, Jamaica and the Bahamas through airline services agreements with six U.S. airlines. All of the airlines' flights are operated under their airline partner brand, such as AmericanConnection, Delta Connection, United Express, US Airways Express, Continental Express and Frontier Airlines. The airlines currently employ approximately 4,300 aviation professionals and operate 204 regional jets.

CONTACT: Republic Airways Holdings Warren R. Wilkinson, 317-484-6042
SOURCE: Republic Airways Holdings
"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 "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.