News Release
| Republic Airways Reports a 51% Increase in October 2006 Traffic |
INDIANAPOLIS--(BUSINESS WIRE)--Nov. 2, 2006--Republic Airways Holdings (NASDAQ:RJET), today reported preliminary passenger traffic results for October 2006. The company generated 600 million revenue passenger miles (RPMs), a 51% increase over the same month last year, while available seat miles (ASMs) increased to 843 million, a 45% increase. Block hours were 51,607 in October 2006, a 33.5% increase over October 2005. Load factor was 71.1% versus 68.0% in October 2005. A total of 1,171,421 passengers were carried during the month, a 51.4% increase over the same month last year.
October
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2006 2005 Change
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RPMs (000s) 599,704 396,543 51.2%
ASMs (000s) 843,493 582,826 44.7%
Block Hours 51,607 38,666 33.5%
Load Factor 71.1% 68.0% 3.1 pp
Passengers 1,171,421 773,707 51.4%
Year to Date
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2006 2005 Change
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RPMs (000s) 5,518,087 3,640,430 51.6%
ASMs (000s) 7,545,951 5,288,136 42.7%
Block Hours 459,147 383,727 19.7%
Load Factor 73.1% 68.8% 4.3 pp
Passengers 10,511,777 7,542,795 39.4%
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 1,000 flights daily to 92 cities in 37 states, Canada, Mexico and the U.S. Virgin Islands through airline services agreements with four major U.S. airlines. All of the airlines' flights are operated under their major airline partner brand, such as AmericanConnection, Delta Connection, United Express and US Airways Express. The airlines currently employ approximately 3,500 aviation professionals and operate 171 regional jet aircraft including 76 E170 aircraft.
CONTACT: Republic Airways Holdings
Warren R. Wilkinson, 317-484-6042
SOURCE: Republic Airways Holdings
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| "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. |