Republic Airways Holdings Reports January 2016 Traffic
Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for January 2016.
The Company generated more than 738 million revenue passenger miles (RPMs) in January, a 12% decrease over the same period in 2015, on a 15% decrease in available seat miles (ASMs). Block hours decreased 19%, and the load factor increased three percentage points from the same period in 2015. Republic Airways carried nearly 1.4 million passengers during the month, a 15% decrease compared to January 2015.
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Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Republic Airlines and Shuttle America, collectively called "the airlines." As of Jan. 11, 2016, the airlines operate a combined fleet of about 200 aircraft and offer scheduled passenger service with approximately 1,000 flights daily to about 120 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 and United Express. The airlines currently employ about 6,000 aviation professionals. For more about Republic Airways, please visit our website at www.rjet.com.
Republic Airways Holdings
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