Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for March 2015.
The Company generated more than 975 million revenue passenger miles (RPMs) in March, a 1 percent decrease over the same period in 2014, on a 1 percent decrease in available seat miles (ASMs). Block hours declined 8 percent to about 62,000, and the load factor declined 1 percentage point compared to the same period last year. Republic Airways carried almost 1.9 million passengers during the month, down by 4 percent compared to March 2014.
| March | ||||||||||||
| 2015 | 2014 | |||||||||||
| Total | Total | Change | ||||||||||
| RPMs (000s) | 975,037 | 983,114 | -1% | |||||||||
| ASMs (000s) | 1,232,217 | 1,235,335 | -1% | |||||||||
| Block Hrs | 61,751 | 66,958 | -8% | |||||||||
| LF % | 79% | 80% | -1 pts | |||||||||
| Passengers | 1,873,763 | 1,960,225 | -4% | |||||||||
| Departures | 34,260 | 37,676 | -9% | |||||||||
| Year to Date | ||||||||||||
| 2015 | 2014 | |||||||||||
| Total | Total | Change | ||||||||||
| RPMs (000s) | 2,618,008 | 2,565,638 | 2% | |||||||||
| ASMs (000s) | 3,490,211 | 3,366,262 | 4% | |||||||||
| Block Hrs | 177,568 | 185,613 | -4% | |||||||||
| LF % | 75% | 76% | -1 pts | |||||||||
| Passengers | 5,018,862 | 5,138,720 | -2% | |||||||||
| Departures | 96,627 | 103,349 | -7% | |||||||||
Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Republic Airlines, Shuttle America and Chautauqua Airlines, collectively called “the airlines.” The airlines operate a combined fleet of about 240 aircraft and offer scheduled passenger service with nearly 1,300 flights daily to approximately 100 cities in the U.S., Canada and the Caribbean through fixed-fee flights operated under our major airline partner brands of American Eagle, Delta Connection, United Express and US Airways Express. The airlines currently employ about 6,500 aviation professionals. For more about Republic Airways, please visit our website at www.rjet.com.
Contacts:
Scott Thien, 317-471-2470
Manager,
Corporate Communications
