Republic Airways Holdings Reports a 46% Increase in July 2005 Traffic
Posted on: Thursday, 4 August 2005, 18:00 CDT
Republic Airways Holdings Inc. (NASDAQ:RJET), parent company of Chautauqua Airlines and Shuttle America, today reported preliminary passenger traffic results for July 2005. The company generated 405.1 million revenue passenger miles (RPMs), a 46.2% increase over the same month last year, while available seat miles (ASMs) increased to 560.2 million, a 42.9% increase. Load factor was 72.3% versus 70.7% in July 2004. A total of 838,452 passengers were carried during the month, a 36.2% increase over the same month last year.
July 2005 2004 Change ------- ------- -------- Revenue Passenger Miles (000) 405,121 277,059 46.2% Available Seat Miles (000) 560,213 392,110 42.9% Load Factor 72.3% 70.7% 1.6 pp Passengers 838,452 615,690 36.2% Year to Date 2005 2004 Change --------- ---------- -------- Revenue Passenger Miles (000) 2,495,529 1,696,988 47.1% Available Seat Miles (000) 3,572,979 2,581,170 38.4% Load Factor 69.8% 65.7% 4.1 pp Passengers 5,222,018 3,718,927 40.4%
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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