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Republic Airways Holdings (NASDAQ:RJET), today reported
preliminary passenger traffic results for May 2007. The company
generated 738.1 million revenue passenger miles (RPMs), a 29.4%
increase over the same month last year, while available seat miles
(ASMs) increased to 961.3 million, a 26.8% increase. Block hours were
56,231 in May 2007, a 22.8% increase over May 2006. Load factor was
76.8% versus 75.2% in May 2006. A total of 1,390,075 passengers were
carried during the month, a 25.8% increase over the same month last
year.
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May
-----------------------------
2007 2006 Change
---------- ---------- -------
RPMs (000s) 738,077 570,194 29.4%
ASMs (000s) 961,283 758,402 26.8%
Block Hours 56,231 45,785 22.8%
Load Factor 76.8% 75.2% 1.6 pp
Passengers 1,390,075 1,105,148 25.8%
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Quarter to Date
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2007 2006 Change
---------- ---------- -------
RPMs (000s) 1,420,731 1,111,708 27.8%
ASMs (000s) 1,857,692 1,479,020 25.6%
Block Hours 109,620 89,325 22.7%
Load Factor 76.5% 75.2% 1.3 pp
Passengers 2,676,608 2,126,579 25.9%
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Year to Date
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2007 2006 Change
---------- ---------- -------
RPMs (000s) 3,131,430 2,485,998 26.0%
ASMs (000s) 4,310,476 3,444,222 25.2%
Block Hours 259,359 210,957 22.9%
Load Factor 72.6% 72.2% 0.4 pp
Passengers 5,926,904 4,681,827 26.6%
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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 1,100 flights daily to 114 cities in 36 states,
Canada, Jamaica 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
4,100 aviation professionals and operate 201 regional jets.
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