|LF %||77%||72%||5 pts|
Republic Airways Holdings (NASDAQ/NM: RJET), today reported preliminary passenger traffic results for January 2013. The Company generated approximately 1.5 billion revenue passenger miles (RPMs), a decrease of 4% from January of 2012. Capacity decreased 9% to 1.9 billion available seat miles (ASMs). Block hours were 1% less than January 2012 at 75,557. Consolidated load factor was 77% versus 72% in the same month last year. Republic Airways passenger traffic increased 4% from the prior year.
Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America, collectively “the airlines.” The airlines operate a combined fleet of more than 270 aircraft and offer scheduled passenger service on nearly 1,500 flights daily to over 145 cities in the U.S. as well as to the Bahamas, Canada, Costa Rica, Dominican Republic, Jamaica, Mexico and Turks and Caicos Islands under branded operations at Frontier, and through fixed-fee flights operated under airline partner brands, including AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 10,000 aviation professionals. For more information on Republic Airways, please visit our website at www.rjet.com.