Republic Airways' load factor increases in April 2012.AIRLINE INDUSTRY INFORMATION-(C)1997-2012 M2 COMMUNICATIONSRepublic Airways Holdings Republic Airways Holdings, Inc. (NASDAQ: RJET) is an aviation holding corporation based in Indianapolis, Indiana, which owns three regional airlines operating in the United States: Chautauqua Airlines, Republic Airlines and Shuttle America. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :RJET) on Thursday reported its preliminary traffic results for April 2012 which showed an increase in load factor year-on-year. During April 2012 revenue passenger miles fell by 1% and available seat mile decreased by 3% when compared to the same month of 2011. Load factor for the carrier increased by 1.0 percentage points in the fourth month of 2012 to 80% compared with 79% in the corresponding month of the previous year. Republic Airways Holdings is based in Indianapolis, Indiana, and is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America. These carriers offer scheduled passenger service on nearly 1,500 flights a day to 132 cities in 43 states, The Bahamas, Canada, Costa Rica, Dominican Republic, Jamaica, and Mexico under branded operations at Frontier, as well as through fixed-fee airline services agreements with five other US airlines. The fixed-fee flights are operated under an airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express US Airways Express is an airline brand name, rather than a fully certificated airline, and as such, the US Airways Express name is used by several individually owned airlines or airline holding companies which provide regional airline and commuter service for US Airways. . Currently these airlines employ approximately 10,000 aviation professionals and are responsible for the operation of 278 aircraft. ((Comments on this story may be sent to aii.feedback@m2.com)) |
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