Republic Airways Holdings (NASDAQ/NM: RJET) today reported preliminary passenger traffic results for March 2014.
The Company generated nearly 1 billion revenue passenger miles (RPMs) in March, a 14% increase over the same period in 2013, on a 10% increase in available seat miles (ASMs). Block hours were 7% greater, and load factor increased three percentage points from the same period in 2013. Republic Airways carried nearly 2 million passengers, a 10% increase compared to March 2013.
March departures were 3% above the same period in 2013.
March | ||||||
2014 | 2013 | |||||
Total | Total | Change | ||||
RPMs (000s) | 983,114 | 863,204 | 14% | |||
ASMs (000s) | 1,235,335 | 1,121,275 | 10% | |||
Block Hrs | 66,958 | 62,599 | 7% | |||
LF % | 80% | 77% | 3 pts | |||
Passengers | 1,960,225 | 1,788,643 | 10% | |||
Departures | 37,676 | 36,594 | 3% | |||
Quarter to Date | ||||||
2014 | 2013 | |||||
Total | Total | Change | ||||
RPMs (000s) | 2,565,638 | 2,294,460 | 12% | |||
ASMs (000s) | 3,366,262 | 3,167,722 | 6% | |||
Block Hrs | 185,613 | 177,579 | 5% | |||
LF % | 76% | 72% | 4 pts | |||
Passengers | 5,138,720 | 4,780,141 | 8% | |||
Departures | 103,349 | 102,624 | 1% | |||
Year to Date | ||||||
2014 | 2013 | |||||
Total | Total | Change | ||||
RPMs (000s) | 2,565,638 | 2,294,460 | 12% | |||
ASMs (000s) | 3,366,262 | 3,167,722 | 6% | |||
Block Hrs | 185,613 | 177,579 | 5% | |||
LF % | 76% | 72% | 4 pts | |||
Passengers | 5,138,720 | 4,780,141 | 8% | |||
Departures | 103,349 | 102,624 | 1% |
Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America, collectively “the airlines.” The airlines operate a combined fleet of approximately 250 aircraft and offer scheduled passenger service on over 1,350 flights daily to about 110 cities in the U.S., Canada and the Bahamas 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 6,300 aviation professionals. For more information on Republic Airways, please visit our website atwww.rjet.com.
Source/ Author: Republic Airways Holdings