Market Overview

Republic Airways April RPMs Down YoY

Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for April 2012. The Company generated 1.7 billion revenue passenger miles (RPMs), which was slightly lower than the same month last year, on a decrease in capacity of 3% at 2.1 billion available seat miles (ASMs).

Block hours were 75,519 in April 2012, a decrease of 5% from April 2011. Consolidated load factor was 80% in April of 2012 versus 79% in the same month last year. Republic Airways carried 2.5 million passengers during the month, which was 2% lower than the prior year.

Posted-In: News Retail Sales

 

Related Articles (RJET)

Around the Web, We're Loving...

Get Benzinga's Newsletters