Branded Operations Report Record March Load Factor
INDIANAPOLIS, Apr 06, 2010 (BUSINESS WIRE) --Republic Airways Holdings (NASDAQ:RJET), today reported preliminary
passenger traffic results for March 2010. The Company generated 1.83
billion revenue passenger miles (RPMs), a 110% increase from the same
month last year, while available seat miles (ASMs) increased 93%. Block
hours were 83,799 in March 2010, a 34% increase from March 2009.
Consolidated load factor was 80% versus 74% in March 2009. More than 2.7
million passengers were carried during the month, a 59% increase from
the same month last year. As a reminder, the 2009 results do not include
operations at Midwest Airlines and Frontier Airlines which were
purchased by the Company in July 2009 and October 2009, respectively.
The branded operations at Frontier and Midwest generated 1.09 billion
RPMs in March 2010, an increase of 16% over their combined March 2009
results. Capacity (ASMs) for the branded carriers increased 7% to 1.30
billion in March 2010 compared to 1.21 billion in March 2009. Load
factor on the branded operations was 84% in March 2010 compared to 78%
in March 2009, with both carriers achieving the highest March load
factor in their histories. The branded carriers served 1.25 million
passengers last month, a 10% increase from March 2009.
|
|
March
|
|
|
|
2010 |
|
2010 |
|
2010 |
|
2009 |
|
|
|
|
Fixed Fee |
|
Branded |
|
Total |
|
Total |
|
Change |
|
RPMs (000s)
|
|
743,833
|
|
1,089,804
|
|
1,833,637
|
|
871,825
|
|
110%
|
|
ASMs (000s)
|
|
992,971
|
|
1,295,198
|
|
2,288,169
|
|
1,184,935
|
|
93%
|
|
Block Hrs
|
|
50,523
|
|
33,277
|
|
83,799
|
|
62,707
|
|
34%
|
|
LF %
|
|
75%
|
|
84%
|
|
80%
|
|
74%
|
|
7 pp
|
|
Passengers
|
|
1,459,373
|
|
1,253,244
|
|
2,712,617
|
|
1,706,837
|
|
59%
|
|
|
Year to Date
|
|
|
|
2010 |
|
2010 |
|
2010 |
|
2009 |
|
|
|
|
Fixed Fee |
|
Branded |
|
Total |
|
Total |
|
Change |
|
RPMs (000s)
|
|
1,964,567
|
|
2,799,545
|
|
4,764,112
|
|
2,257,102
|
|
111%
|
|
ASMs (000s)
|
|
2,764,153
|
|
3,696,696
|
|
6,460,849
|
|
3,324,371
|
|
94%
|
|
Block Hrs
|
|
143,915
|
|
96,030
|
|
239,945
|
|
178,435
|
|
34%
|
|
LF %
|
|
71%
|
|
76%
|
|
74%
|
|
68%
|
|
6 pp
|
|
Passengers
|
|
3,818,256
|
|
3,211,347
|
|
7,029,603
|
|
4,433,809
|
|
59%
|
|
|
|
|
|
|
|
|
|
|
|
Republic Airways Holdings, based in Indianapolis, Indiana is an airline
holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx
Aviation, Midwest Airlines, Republic Airlines and Shuttle America,
collectively "the airlines." The airlines offer scheduled passenger
service on approximately 1,600 flights daily to 123 cities in 44 states,
Canada, Costa Rica, and Mexico under branded operations at Frontier and
Midwest, 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 11,000 aviation professionals and operate
283 aircraft.
www.rjet.com
SOURCE: Republic Airways Holdings
Republic Airways Holdings
Timothy P. Dooley, 317-487-4308
|
