Republic Airways Holdings Inc. (NASDAQ/NM:RJET) today reported preliminary passenger traffic results for December 2014.
The Company generated more than 950 million revenue passenger miles (RPMs) in December, a 3% increase over the same period in 2013, on an 8% increase in available seat miles (ASMs). Block hours decreased 3%, and the load factor decreased four percentage points from the same period in 2013. Republic Airways carried more than 1.8 million passengers during the month, a 3% decrease compared to December 2013.
December | ||||||
2014 | 2013 | |||||
Total | Total | Change | ||||
RPMs (000s) | 952,356 | 926,015 | 3% | |||
ASMs (000s) | 1,262,293 | 1,171,741 | 8% | |||
Block Hrs | 64,033 | 66,060 | -3% | |||
LF % | 75% | 79% | -4 pts | |||
Passengers | 1,833,185 | 1,887,660 | -3% | |||
Departures | 35,051 | 36,911 | -5% | |||
Quarter to Date | ||||||
2014 | 2013 | |||||
Total | Total | Change | ||||
RPMs (000s) | 2,881,740 | 2,688,864 | 7% | |||
ASMs (000s) | 3,752,552 | 3,510,550 | 7% | |||
Block Hrs | 190,934 | 194,676 | -2% | |||
LF % | 77% | 77% | 0 pts | |||
Passengers | 5,591,756 | 5,588,810 | 0% | |||
Departures | 105,476 | 113,195 | -7% | |||
Year to Date | ||||||
2014 | 2013 | |||||
Total | Total | Change | ||||
RPMs (000s) | 11,494,217 | 10,289,586 | 12% | |||
ASMs (000s) | 14,651,426 | 13,485,967 | 9% | |||
Block Hrs | 763,011 | 749,931 | 2% | |||
LF % | 78% | 76% | 2 pts | |||
Passengers | 22,576,914 | 21,498,826 | 5% | |||
Departures | 425,596 | 440,255 | -3% |
Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America, collectively called “the airlines.” The airlines operate a combined fleet of about 240 aircraft and offered scheduled passenger service with about 1,300 flights daily to about 100 cities in the U.S., Canada and the Caribbean through fixed-fee flights operated under our major airline partner brands of American Eagle, Delta Connection, United Express and US Airways Express. The airlines currently employ about 6,500 aviation professionals. For more about Republic Airways, please visit our website at www.rjet.com.