News Release
| Republic Airways Reports a 24% Increase in March 2007 Traffic |
INDIANAPOLIS--(BUSINESS WIRE)--April 3, 2007--Republic Airways Holdings (NASDAQ:RJET), today reported preliminary passenger traffic results for March 2007. The company generated 671.3 million revenue passenger miles (RPMs), a 24.2% increase over the same month last year, while available seat miles (ASMs) increased to 885.8 million, a 24.5% increase. Block hours were 53,303 in March 2007, an 21.2% increase over March 2006. Load factor was 75.8% versus 75.9% in March 2006. A total of 1,270,164 passengers were carried during the month, a 23.8% increase over the same month last year.
March
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2007 2006 Change
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RPMs (000s) 671,303 540,426 24.2%
ASMs (000s) 885,764 711,672 24.5%
Block Hours 53,303 43,977 21.2%
Load Factor 75.8% 75.9% (0.1) pp
Passengers 1,270,164 1,026,365 23.8%
Year to Date
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2007 2006 Change
---------- ------------ ---------
RPMs (000s) 1,710,698 1,374,290 24.5%
ASMs (000s) 2,452,784 1,965,202 24.8%
Block Hours 149,739 121,632 23.1%
Load Factor 69.7% 69.9% (0.2) pp
Passengers 3,250,296 2,555,248 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 1,000 flights daily to 108 cities in 36 states, Canada, Mexico and the Bahamas through airline services agreements with six U.S. airlines. All of the airlines' flights are operated under their airline partner brand, such as AmericanConnection, Delta Connection, United Express, US Airways Express, Continental Express and Frontier Airlines. The airlines currently employ approximately 3,900 aviation professionals and operate 189 regional jets.
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. |