Goldman Sachs On RJET March Traffic

Goldman Sachs has issued a report on the March traffic data of Republic Airways Holding (NASDAQ: RJET).

According to the report, "Republic's solid March quarter traffic data underscores the improving demand environment and operating fundamentals, particularly in the Frontier segment. Moreover, the positive monthly progression of the traffic data highlights the improving seasonal momentum for both the branded and fixed-fee segments, with the latter making a healthy recovery in block hours following severe weather disruptions in the early part of the quarter."

RJET closed yesterday at $6.45 a share.