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Republic Airways Holdings (NASDAQ:RJET), today reported
preliminary passenger traffic results for October 2007. The company
generated 818.9 million revenue passenger miles (RPMs), a 36.6%
increase over the same month last year, while available seat miles
(ASMs) increased 29.7% to 1.1 billion. Block hours were 62,994 in
October 2007, a 22.1% increase over October 2006. Load factor was
74.8% versus 71.1% in October 2006. A total of 1,551,739 passengers
were carried during the month, a 32.5% increase over the same month
last year.
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October
--------------------------
2007 2006 Change
--------- --------- ------
RPMs (000s) 818,911 599,704 36.6%
ASMs (000s) 1,094,402 843,493 29.7%
Block Hours 62,994 51,607 22.1%
Load Factor 74.8% 71.1% 3.7 pp
Passengers 1,551,739 1,171,421 32.5%
*T
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Year to Date
----------------------------
2007 2006 Change
---------- ---------- ------
RPMs (000s) 7,066,983 5,518,087 28.1%
ASMs (000s) 9,387,854 7,545,951 24.4%
Block Hours 555,235 459,147 20.9%
Load Factor 75.3% 73.1% 2.2 pp
Passengers 13,372,124 10,511,777 27.2%
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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 over 1,200 flights daily to 116 cities in 38 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 4,600
aviation professionals and operate 213 regional jets.
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