News Release
| Republic Airways Reports November 2008 Traffic |
INDIANAPOLIS, Dec 03, 2008 (BUSINESS WIRE) -- Republic Airways Holdings (NASDAQ: RJET), today reported preliminary
passenger traffic results for November 2008. The company generated 727.0
million revenue passenger miles (RPMs), a 6.5% decrease over the same
month last year, while available seat miles (ASMs) decreased 0.2%. Block
hours were 56,267 in November 2008, a 8.4% decrease compared to November
2007. Load factor was 68.8% versus 73.4% in November 2007. A total of
1,419,013 passengers were carried during the month, a 5.0% decrease from
the same month last year.
November
2008 2007 Change
RPMs (000s) 726,987 777,205 (6.5%)
ASMs (000s) 1,057,230 1,059,545 (0.2%)
Block Hours 56,267 61,419 (8.4%)
Load Factor 68.8% 73.4% (4.6) pp
Passengers 1,419,013 1,494,244 (5.0%)
Quarter to Date
2008 2007 Change
RPMs (000s) 1,522,681 1,596,116 (4.6%)
ASMs (000s) 2,146,755 2,153,947 (0.3%)
Block Hours 114,377 124,413 (8.1%)
Load Factor 70.9% 74.1% (3.2) pp
Passengers 2,989,421 3,045,983 (1.9%)
Year to Date
2008 2007 Change
RPMs (000s) 8,916,702 7,844,188 13.7%
ASMs (000s) 12,104,130 10,447,399 15.9%
Block Hours 769,586 616,654 10.2%
Load Factor 73.7% 75.1% (1.4) pp
Passengers 17,407,874 14,866,368 17.1%
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 approximately 1,250 flights daily to 105 cities in 35 states, Canada, Mexico and Jamaica through airline services agreements with seven U.S. airlines. All of the airlines' flights are operated under their airline partner brand, such as American Connection, Continental Express, Delta Connection, United Express, Midwest Connect, Mokulele Airlines, and US Airways Express. The airlines currently employ approximately 4,500 aviation professionals and operate 237 regional jets. SOURCE: Republic Airways Holdings Republic Airways Holdings Timothy P. Dooley, 317-487-4308 |
| "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. |