News Release

Republic Airways Reports a 37% increase in October 2007 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Nov. 2, 2007--Republic Airways Holdings (NASDAQ:RJET), today reported preliminary passenger traffic results for October 2007. The company generated 818.9 million revenue passenger miles (RPMs), a 36.6% increase over the same month last year, while available seat miles (ASMs) increased 29.7% to 1.1 billion. Block hours were 62,994 in October 2007, a 22.1% increase over October 2006. Load factor was 74.8% versus 71.1% in October 2006. A total of 1,551,739 passengers were carried during the month, a 32.5% increase over the same month last year.


                                             2007      2006    Change
                                           --------- --------- ------
RPMs (000s)                                  818,911   599,704  36.6%
ASMs (000s)                                1,094,402   843,493  29.7%
Block Hours                                   62,994    51,607  22.1%
Load Factor                                    74.8%     71.1% 3.7 pp
Passengers                                 1,551,739 1,171,421  32.5%
                                                 Year to Date

                                            2007       2006    Change
                                         ---------- ---------- ------
RPMs (000s)                               7,066,983  5,518,087  28.1%
ASMs (000s)                               9,387,854  7,545,951  24.4%
Block Hours                                 555,235    459,147  20.9%
Load Factor                                   75.3%      73.1% 2.2 pp
Passengers                               13,372,124 10,511,777  27.2%

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 1,200 flights daily to 116 cities in 38 states, Canada, Mexico and Jamaica through airline services agreements with six U.S. airlines. All of the airlines' flights are operated under their airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, Frontier Airlines, United Express and US Airways Express. The airlines currently employ approximately 4,600 aviation professionals and operate 213 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.