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Republic Airways Holdings (NASDAQ:RJET), today reported
preliminary passenger traffic results for June 2007. The company
generated 772.9 million revenue passenger miles (RPMs), a 23.8%
increase over the same month last year, while available seat miles
(ASMs) increased to 943.5 million, a 21.2% increase. Block hours were
56,258 in June 2007, a 19.0% increase over June 2006. Load factor was
81.9% versus 80.2% in June 2006. A total of 1,632,431 passengers were
carried during the month, a 35.9% increase over the same month last
year.
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June
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2007 2006 Change
--------- --------- -------
RPMs (000s) 772,872 624,269 23.8%
ASMs (000s) 943,466 778,576 21.2%
Block Hours 56,258 47,295 19.0%
Load Factor 81.9% 80.2% 1.7 pp
Passengers 1,632,431 1,201,550 35.9%
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Quarter to Date
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2007 2006 Change
--------- --------- -------
RPMs (000s) 2,193,603 1,735,977 26.4%
ASMs (000s) 2,801,158 2,257,596 24.1%
Block Hours 165,878 136,620 21.4%
Load Factor 78.3% 76.9% 1.4 pp
Passengers 4,309,039 3,328,129 29.5%
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Year to Date
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2007 2006 Change
--------- --------- -------
RPMs (000s) 3,904,301 3,110,267 25.5%
ASMs (000s) 5,253,942 4,222,798 24.4%
Block Hours 315,618 258,252 22.2%
Load Factor 74.3% 73.7% 0.6 pp
Passengers 7,559,335 5,883,377 28.5%
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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 116 cities in 38 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
4,300 aviation professionals and operate 204 regional jets.
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