Skip to main content

Market Overview

Republic Airways Holdings Reports October 2014 Traffic

Share:
INDIANAPOLIS--(BUSINESS WIRE)--

Republic Airways Holdings Inc. (NASDAQ: RJET) today reported preliminary passenger traffic results for October 2014.

The Company generated more than 1 billion revenue passenger miles (RPMs) in October, a 10% increase over the same period in 2013, on a 6% increase in available seat miles (ASMs). Block hours decreased 1%, and the load factor increased three percentage points from the same period in 2013. Republic Airways carried more than 2 million passengers, a 4% increase compared to October 2013.

                 
October
2014 2013
Total       Total       Change
RPMs (000s) 1,017,614 925,091 10%
ASMs (000s) 1,277,364 1,208,688 6%
Block Hrs 65,265 66,208 -1%
LF % 80% 77% 3 pts
Passengers 2,011,020 1,933,316 4%
Departures 36,834 39,332 -6%
 
Year to Date
2014 2013
Total       Total      

Change

RPMs (000s) 9,630,090 8,525,813 13%
ASMs (000s) 12,176,238 11,184,105 9%
Block Hrs 637,342 621,463 3%
LF % 79% 76% 3 pts
Passengers 18,996,178 17,843,332 6%
Departures 356,954 366,392 -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 on 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, including 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.

Republic Airways Holdings
Scott Thien, Manager, Corporate Communications, 317-471-2470

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com