Republic Airways Holdings Reports a 44% Increase in June 2005 Traffic
Posted on: Wednesday, 6 July 2005, 12:00 CDT
Republic Airways Holdings Inc. (NASDAQ:RJET), parent company of Chautauqua Airlines and Shuttle America, today reported preliminary passenger traffic results for June 2005. The company generated 391.4 million revenue passenger miles (RPMs), a 43.9% increase over the same month last year, while available seat miles (ASMs) increased to 536.7 million, a 42.6% increase. Load factor was 72.9% versus 72.2% in June 2004. A total of 803,362 passengers were carried during the month, a 30.6% increase over the same month last year. June ------ 2005 2004 Change ------- ------- ------- Revenue Passenger Miles (000) 391,439 271,969 43.9% Available Seat Miles (000) 536,689 376,481 42.6% Load Factor 72.9% 72.2% 0.7 pp Passengers 803,362 615,109 30.6% Quarter ending June 30th -------------------------- 2005 2004 Change ------- ------- ------- Revenue Passenger Miles (000) 1,128,722 777,980 45.1% Available Seat Miles (000) 1,573,120 1,118,305 40.7% Load Factor 71.8% 69.6% 2.2 pp Passengers 2,346,187 1,713,179 36.9% Year to Date -------------- 2005 2004 Change ------- ------- ------- Revenue Passenger Miles (000) 2,090,409 1,419,929 47.2% Available Seat Miles (000) 3,012,766 2,189,060 37.6% Load Factor 69.4% 64.9% 4.5 pp Passengers 4,383,566 3,103,237 41.3%
Republic Airways subsidiaries offer scheduled passenger service on more than 840 flights daily to 87 cities in 32 states, the District of Columbia, Canada and the Bahamas through code sharing agreements with four major U.S. airlines. The airline currently operates a fleet of 124 Embraer regional jets, including 68 ERJ-145s, 15 ERJ-140s, 17 ERJ-135s and 24 Embraer 170's. All of its flights are operated under its major airline partner brand, such as AmericanConnection, Delta Connection, United Express and US Airways Express. The airline employs more than 2,900 aviation professionals.
Source: Business Wire
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