Republic Airways Holdings Inc. (NASDAQ/NM: RJET) today (11.01) reported preliminary passenger traffic results for December 2015.
The Company generated nearly 835 million revenue passenger miles (RPMs) in December, a 12% decrease over the same period in 2014, on a 16% decrease in available seat miles (ASMs). Block hours decreased 19%, and the load factor increased four percentage points from the same period in 2014. Republic Airways carried more than 1.5 million passengers during the month, a 15% decrease compared to December 2014.
| December | ||||||
| 2015 | 2014 | |||||
| Total | Total | Change | ||||
| RPMs (000s) | 834,775 | 952,356 | -12% | |||
| ASMs (000s) | 1,057,355 | 1,262,293 | -16% | |||
| Block Hrs | 52,042 | 64,033 | -19% | |||
| LF % | 79% | 75% | 4 pts | |||
| Passengers | 1,567,291 | 1,833,185 | -15% | |||
| Departures | 28,379 | 35,051 | -19% | |||
| Quarter to Date | ||||||
| 2015 | 2014 | |||||
| Total | Total | Change | ||||
| RPMs (000s) | 2,669,641 | 2,881,740 | -7% | |||
| ASMs (000s) | 3,326,265 | 3,752,552 | -11% | |||
| Block Hrs | 164,846 | 190,934 | -14% | |||
| LF % | 80% | 77% | 3 pts | |||
| Passengers | 5,166,451 | 5,591,756 | -8% | |||
| Departures | 92,433 | 105,476 | -12% | |||
| Year to Date | ||||||
| 2015 | 2014 | |||||
| Total | Total | Change | ||||
| RPMs (000s) | 11,118,232 | 11,494,217 | -3% | |||
| ASMs (000s) | 14,044,957 | 14,651,426 | -4% | |||
| Block Hrs | 707,259 | 763,011 | -7% | |||
| LF % | 79% | 78% | 1 pts | |||
| Passengers | 21,933,617 | 22,576,914 | -3% | |||
| Departures | 399,522 | 425,596 | -6% | |||
Source / Author: Republic Airways