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Republic Airways Holdings (NASDAQ: RJET), today reported
preliminary passenger traffic results for May 2008. The company
generated 898.0 million revenue passenger miles (RPMs), a 21.7%
increase over the same month last year, while available seat miles
(ASMs) increased 21.6% to 1.17 billion. Block hours were 65,149 in May
2008, a 15.9% increase over May 2007. Load factor was 76.8%, which was
the same as May 2007. A total of 1,721,732 passengers were carried
during the month, a 23.9% increase over the same month last year.
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May
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2008 2007 Change
---------- ---------- ------
RPMs (000s) 898,032 738,077 21.7%
ASMs (000s) 1,169,163 961,263 21.6%
Block Hours 65,149 56,231 15.9%
Load Factor 76.8% 76.8% 0.0 pp
Passengers 1,721,732 1,390,075 23.9%
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Quarter to Date
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2008 2007 Change
--------- --------- --------
RPMs (000s) 1,772,402 1,420,731 24.8%
ASMs (000s) 2,321,273 1,857,692 25.0%
Block Hours 130,058 109,620 18.6%
Load Factor 76.4% 76.5% (0.1) pp
Passengers 3,393,876 2,676,608 26.8%
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Year to Date
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2008 2007 Change
---------- ---------- -------
RPMs (000s) 4,069,112 3,131,430 29.9%
ASMs (000s) 5,561,595 4,310,476 29.0%
Block Hours 318,883 259,359 23.0%
Load Factor 73.2% 72.6% 0.6 pp
Passengers 7,835,613 5,926,904 32.2%
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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 approximately 1,300 flights daily to 120 cities in 39
states, Canada, Mexico and Jamaica through airline services agreements
with six U.S. airlines. All of the airlines' flights are operated
under their airline partner brand, such as AmericanConnection,
Continental Express, Delta Connection, Frontier Airlines, United
Express and US Airways Express. The airlines currently employ
approximately 5,000 aviation professionals and operate 226 regional
jets.
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