Republic Airways Holdings Reports July 2014 Traffic

By Business Wire,  August 07, 2014, 01:20:00 PM EDT


INDIANAPOLIS--(BUSINESS WIRE)-- Republic Airways Holdings Inc. (NASDAQ:RJET) today reported preliminary passenger traffic results for July 2014.

The Company generated more than 1 billion revenue passenger miles (RPMs) in July, a 15% increase over the same period in 2013, on a 12% increase in available seat miles (ASMs). Block hours increased 3%, and the load factor increased two percentage points from the same period in 2013. Republic Airways carried more than 2 million passengers, a 7% increase compared to June 2013.

               
July
2014 2013
Total     Total    

Change

RPMs (000s) 1,053,463 918,021 15 %
ASMs (000s) 1,302,485 1,159,263 12 %
Block Hrs 66,449 64,366 3 %
LF % 80.9 % 79.2 % 2 pts
Passengers 2,052,961 1,910,625 7 %
Departures 37,361 38,155 -2 %
 
 

Year to Date

2014 2013
Total     Total     Change
RPMs (000s) 6,655,069 5,831,183 14 %
ASMs (000s) 8,383,695 7,665,159 9 %
Block Hrs 443,810 429,032 3 %
LF % 79.4 % 76.1 % 3 pts
Passengers 13,091,377 12,195,948 7 %
Departures 247,209 251,178 -2 %
 

Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America, collectively called "the airlines." The airlines operate a combined fleet of nearly 250 aircraft and offer scheduled passenger service on about 1,300 flights daily to about 110 cities in the U.S., Canada and the Caribbean through fixed-fee flights operated under our major airline partner brands, including American Eagle, Delta Connection, United Express and US Airways Express. The airlines currently employ about 6,500 aviation professionals. For more information about Republic Airways, please visit our website at www.rjet.com.

Source: Republic Airways Holdings Inc.



This article appears in: News Headlines

Referenced Stocks: RJET


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