Republic Airways Reports a 59% Increase in June 2006 Traffic
Posted on: Thursday, 6 July 2006, 18:00 CDT
Republic Airways Holdings (NASDAQ:RJET), today reported preliminary passenger traffic results for June 2006. The company generated 624 million revenue passenger miles (RPMs), a 59.4% increase over the same month last year, while available seat miles (ASMs) increased to 779 million, a 45.0% increase. Block hours were 47,295 in June 2006, a 20.3% increase over June 2005. Load factor was 80.1% versus 72.9% in June 2005. A total of 1,201,550 passengers were carried during the month, a 49.5% increase over the same month last year. June ---- 2006 2005 Change ---------- -------- ------- RPMs (000s) 624,269 391,439 59.4% ASMs (000s) 778,576 536,689 45.0% Block Hours 47,295 39,288 20.3% Load Factor 80.1% 72.9% 7.2 pp Passengers 1,201,550 803,362 49.5% Quarter to Date --------------- 2006 2005 Change ---------- ---------- ------- RPMs (000s) 1,735,977 1,128,722 53.8% ASMs (000s) 2,257,596 1,573,120 43.5% Block Hours 136,620 115,257 18.5% Load Factor 76.8% 71.7% 5.1 pp Passengers 3,328,129 2,346,187 41.8% Year to Date ------------ 2006 2005 Change ---------- ---------- ------- RPMs (000s) 3,110,267 2,090,409 48.7% ASMs (000s) 4,222,798 3,012,766 40.1% Block Hours 258,252 224,606 14.9% Load Factor 73.6% 69.3% 4.3 pp Passengers 5,883,377 4,383,566 34.2%
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 1,000 flights daily to 89 cities in 35 states, Canada, Mexico and the Bahamas through airline services agreements with four major U.S. airlines. All of the airlines' flights are operated under their major airline partner brand, such as AmericanConnection, Delta Connection, United Express and US Airways Express. The airlines currently employ over 3,300 aviation professionals and operate 166 regional jet aircraft including 71 E170 aircraft.
Source: Business Wire
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