Republic Airways Holdings (NASDAQ:RJET), today reported
preliminary passenger traffic results for November 2007. The company
generated 777.2 million revenue passenger miles (RPMs), a 35.4%
increase over the same month last year, while available seat miles
(ASMs) increased 31.1% to 1.1 billion. Block hours were 61,419 in
November 2007, a 25.9% increase over November 2006. Load factor was
73.4% versus 71.0% in November 2006. A total of 1,494,244 passengers
were carried during the month, a 37.1% increase over the same month
last year.
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November
--------------------------
2007 2006 Change
--------- --------- ------
RPMs (000s) 777,205 574,114 35.4%
ASMs (000s) 1,059,545 808,097 31.1%
Block Hours 61,419 48,797 25.9%
Load Factor 73.4% 71.0% 2.4 pp
Passengers 1,494,244 1,089,950 37.1%
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Quarter to Date
---------------------------
2007 2006 Change
--------- --------- -------
RPMs (000s) 1,596,116 1,173,818 36.0%
ASMs (000s) 2,153,947 1,651,590 30.4%
Block Hours 124,413 100,404 23.9%
Load Factor 74.1% 71.1% 3.0 pp
Passengers 3,045,983 2,261,371 34.7%
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Year to Date
-----------------------------
2007 2006 Change
---------- ---------- -------
RPMs (000s) 7,844,188 6,092,201 28.8%
ASMs (000s) 10,447,399 8,354,048 25.1%
Block Hours 616,654 507,944 21.4%
Load Factor 75.1% 72.9% 2.2 pp
Passengers 14,866,368 11,601,727 28.1%
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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 119 cities in 39 states,
Canada, Mexico, 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, Continental Express, Delta Connection, Frontier
Airlines, United Express and US Airways Express. The airlines
currently employ over 4,600 aviation professionals and operate 216
regional jets.
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