Republic Airways Holdings Inc. (NASDAQ: RJET) today reported preliminary passenger traffic results for August 2014.
The Company generated more than 1 billion revenue passenger miles (RPMs) in August, an 11% increase over the same period in 2013, on a 9% increase in available seat miles (ASMs). Block hours increased 2%, and the load factor increased one percentage point from the same period in 2013. Republic Airways carried more than 2 million passengers, a 5% increase compared to August 2013.
August | ||||||||||||
2014 | 2013 | |||||||||||
Total | Total | Change | ||||||||||
| RPMs (000s) | 1,041,133 | 940,812 | 11% | |||||||||
| ASMs (000s) | 1,313,708 | 1,201,590 | 9% | |||||||||
| Block Hrs | 67,298 | 65,973 | 2% | |||||||||
| LF % | 79.3% | 78.3% | 1 pts | |||||||||
| Passengers | 2,051,866 | 1,962,522 | 5% | |||||||||
| Departures | 37,959 | 39,439 | -4% | |||||||||
| Quarter to Date | ||||||||||||
| 2014 | 2013 | |||||||||||
| Total | Total | Change | ||||||||||
| RPMs (000s) | 2,094,596 | 1,858,834 | 13% | |||||||||
| ASMs (000s) | 2,616,194 | 2,360,853 | 11% | |||||||||
| Block Hrs | 133,747 | 130,339 | 3% | |||||||||
| LF % | 80.1% | 78.7% | 1 pts | |||||||||
| Passengers | 4,104,827 | 3,873,147 | 6% | |||||||||
| Departures | 75,320 | 77,594 | -3% | |||||||||
| Year to Date | ||||||||||||
| 2014 | 2013 | |||||||||||
| Total | Total | Change | ||||||||||
| RPMs (000s) | 7,696,202 | 6,771,995 | 14% | |||||||||
| ASMs (000s) | 9,697,403 | 8,866,750 | 9% | |||||||||
| Block Hrs | 511,108 | 495,005 | 3% | |||||||||
| LF % | 79.4% | 76.4% | 3 pts | |||||||||
| Passengers | 15,143,243 | 14,158,470 | 7% | |||||||||
| Departures | 285,168 | 290,617 | -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.” As of July 1, 2014, the airlines operated a combined fleet of about 250 aircraft and offered 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 about Republic Airways, please visit our website at www.rjet.com.
Contacts:
Scott Thien, Manager, Corporate
Communications, 317-471-2470
