Republic Airways Holdings Reports a 46% increase in July 2005 Traffic.INDIANAPOLIS -- Republic 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. Inc. (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), parent company of Chautauqua Airlines Chautauqua Airlines is an airline based in Indianapolis, Indiana, USA. It operates scheduled passenger services on more than 670 flights daily to cities in 30 states, Canada and the Bahamas, through feeder services under the names Delta Connection for Delta Air Lines, and Shuttle America Shuttle America is a major airline based in Indianapolis, Indiana, USA. It feeds United Airlines flights at Chicago, Denver, and Washington as United Express, and feeds Delta Air Lines flights at Atlanta and New York as Delta Connection. , today reported preliminary passenger traffic results for July 2005. The company generated 405.1 million revenue passenger miles (RPMs), a 46.2% increase over the same month last year, while available seat miles Available seat miles (ASM) is a measure of an airline flight's passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles flown. This measures an airlines capacity for transporting passengers. (ASMs) increased to 560.2 million, a 42.9% increase. Load factor was 72.3% versus 70.7% in July 2004. A total of 838,452 passengers were carried during the month, a 36.2% increase over the same month last year.
July
2005 2004 Change
------- ------- --------
Revenue Passenger Miles (000) 405,121 277,059 46.2%
Available Seat Miles (000) 560,213 392,110 42.9%
Load Factor 72.3% 70.7% 1.6 pp
Passengers 838,452 615,690 36.2%
Year to Date
2005 2004 Change
--------- ---------- --------
Revenue Passenger Miles (000) 2,495,529 1,696,988 47.1%
Available Seat Miles (000) 3,572,979 2,581,170 38.4%
Load Factor 69.8% 65.7% 4.1 pp
Passengers 5,222,018 3,718,927 40.4%
Republic Airways subsidiaries offer scheduled passenger service on more than 840 flights daily to 87 cities in 32 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Canada and the Bahamas through code sharing agreements with four major U.S. airlines. The airline currently operates a fleet of 124 Embraer regional jets, including 68 ERJ-145s, 15 ERJ-140s, 17 ERJ-135s and 24 Embraer 170's. All of its flights are operated under its major airline partner brand, such as AmericanConnection, 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. . The airline employs more than 2,900 aviation professionals. |
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