|Republic Airways Reports April 2010 Traffic|
INDIANAPOLIS, May 05, 2010 (BUSINESS WIRE) --Republic Airways Holdings (NASDAQ/NM: RJET), today reported preliminary passenger traffic results for April 2010. The Company generated 1.75 billion revenue passenger miles (RPMs), a 106% increase from the same month last year, while available seat miles (ASMs) increased 94%. Block hours were 80,110 in April 2010, a 35% increase from April 2009. Consolidated load factor was 80% versus 75% in April 2009. Nearly 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 1.04 billion RPMs in April 2010, an increase of 12% over their combined April 2009 results. Capacity (ASMs) for the branded carriers increased 7% to 1.26 billion in April 2010 compared to 1.18 billion in April 2009. Load factor on the branded operations was 82% in April 2010 compared to 78% in April 2009, achieving the highest combined April load factor in their histories. The branded carriers served 1.2 million passengers last month, a 7% increase from April 2009.
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 127 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 284 aircraft.
SOURCE: Republic Airways Holdings
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.|