REPUBLIC AIRWAYS HOLDINGS INC. Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for February 2015.
The Company generated more than 800 million revenue passenger miles (RPMs) in February, a 3 percent increase over the same period in 2014, on a 3 percent increase in available seat miles (ASMs). Block hours declined 5 percent to about 54,000, and the load factor remained unchanged compared to the same period last year. Republic Airways carried more than 1.5 million passengers during the month, down by 2 percent compared to February 2014.
| February | ||||||||||||
| 2015 | 2014 | |||||||||||
| Total | Total | Change | ||||||||||
| RPMs (000s) | 801,830 | 781,663 | 3% | |||||||||
| ASMs (000s) | 1,059,415 | 1,028,741 | 3% | |||||||||
| Block Hrs | 54,353 | 56,969 | -5% | |||||||||
| LF % | 76% | 76% | 0 pts | |||||||||
| Passengers | 1,538,662 | 1,574,227 | -2% | |||||||||
| Departures | 29,219 | 31,930 | -8% | |||||||||
| Year to Date | ||||||||||||
| 2015 | 2014 | |||||||||||
| Total | Total | Change | ||||||||||
| RPMs (000s) | 1,642,971 | 1,582,524 | 4% | |||||||||
| ASMs (000s) | 2,257,994 | 2,130,927 | 6% | |||||||||
| Block Hrs | 115,817 | 118,655 | -2% | |||||||||
| LF % | 73% | 74% | -1 pts | |||||||||
| Passengers | 3,145,099 | 3,178,495 | -1% | |||||||||
| Departures | 62,367 | 65,673 | -5% | |||||||||
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 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.
