Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for August 2015.
The Company generated nearly 974 million revenue passenger miles (RPMs) in August, down about 6 percent compared to the same period in 2014, with a 7 percent reduction in available seat miles (ASMs). Block hours declined 8 percent to about 62,000, and the load factor increased 1 percentage point compared to the same period last year. Republic Airways carried more than 2 million passengers during the month, a decrease of 2 percent compared to August 2014.
August | ||||||
2015 | 2014 | |||||
Total | Total | Change | ||||
RPMs (000s) | 973,650 | 1,041,133 | -6% | |||
ASMs (000s) | 1,219,127 | 1,313,708 | -7% | |||
Block Hrs | 61,847 | 67,298 | -8% | |||
LF % | 80% | 79% | 1 pts | |||
Passengers | 2,005,765 | 2,051,866 | -2% | |||
Departures | 36,442 | 37,959 | -4% | |||
Quarter to Date | ||||||
2015 | 2014 | |||||
Total | Total | Change | ||||
RPMs (000s) | 1,978,881 | 2,094,596 | -6% | |||
ASMs (000s) | 2,444,488 | 2,616,194 | -7% | |||
Block Hrs | 124,714 | 133,747 | -7% | |||
LF % | 81% | 80% | 1 pts | |||
Passengers | 4,087,175 | 4,104,827 | 0% | |||
Departures | 73,346 | 75,320 | -3% | |||
Year to Date | ||||||
2015 | 2014 | |||||
Total | Total | Change | ||||
RPMs (000s) | 7,543,545 | 7,696,202 | -2% | |||
ASMs (000s) | 9,562,700 | 9,697,403 | -1% | |||
Block Hrs | 484,639 | 511,108 | -5% | |||
LF % | 79% | 79% | 0 pts | |||
Passengers | 14,956,356 | 15,143,243 | -1% | |||
Departures | 273,734 | 285,168 | -4% | |||
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 Sept. 11, 2015, the airlines operate a combined fleet of about 240 aircraft and offer scheduled passenger service with approximately 1,275 flights daily to about 110 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150911005678/en/
Republic Airways Holdings
Corporate Communications, 317-471-2470
CorpComm@rjet.com
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