Republic Airways Holdings (NASDAQ/NM: RJET), today reported preliminary passenger traffic results for December 2011. The Company generated 1.7 billion revenue passenger miles (RPMs), which was 3% higher than the same month last year, on an increase in capacity of 1% at 2.1 billion available seat miles (ASMs). Block hours were 77,732 in December 2011, a decrease of 2% from December 2010. Consolidated load factor was 79% in December of 2011 versus 76% in the same month last year. Republic Airways carried 2.5 million passengers during the month, which was 1% higher than the prior year.
December | ||||||
2011 | 2010 | |||||
Total | Total | Change | ||||
RPMs (000s) | 1,692,698 | 1,637,153 | 3% | |||
ASMs (000s) | 2,151,340 | 2,140,216 | 1% | |||
Block Hrs | 77,732 | 78,986 | -2% | |||
LF % | 79% | 76% | 3 pp | |||
Passengers | 2,504,010 | 2,474,933 | 1% | |||
Quarter to Date | ||||||
2011 | 2010 | |||||
Total | Total | Change | ||||
RPMs (000s) | 5,061,591 | 5,032,059 | 1% | |||
ASMs (000s) | 6,292,017 | 6,419,380 | -2% | |||
Block Hrs | 228,304 | 235,219 | -3% | |||
LF % | 80% | 78% | 2 pp | |||
Passengers | 7,643,381 | 7,748,938 | -1% | |||
Year to Date | ||||||
2011 | 2010 | |||||
Total | Total | Change | ||||
RPMs (000s) | 20,961,448 | 21,143,825 | -1% | |||
ASMs (000s) | 26,227,724 | 26,547,253 | -1% | |||
Block Hrs | 950,799 | 972,871 | -2% | |||
LF % | 80% | 80% | - | |||
Passengers | 31,356,550 | 31,959,032 | -2% |
Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America, collectively "the airlines." The airlines offer scheduled passenger service on nearly 1,500 flights daily to 132 cities in 43 states, The Bahamas, Canada, Costa Rica, Dominican Republic, Jamaica, and Mexico under branded operations at Frontier, and through fixed-fee airline services agreements with five major U.S. airlines. The fixed-fee flights are operated under an airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 10,000 aviation professionals and operate 269 aircraft.
Republic Airways Holdings
Margaret Miller, 317-246-2628