Republic Airways increases revenue passenger miles by 14%

10 March 2014

Republic Airways Holdings (NASDAQ: RJET) said it generated 800 million revenue passenger miles in February, a 14 percent increase over the same period in 2013 on a seven percent increase in available seat miles.

Block hours were five percent greater, and load factor increased four percentage points from the same period in 2013. The company carried 1.6 million passengers, a nine percent increase compared to February 2013.

February departures were two percent above the same period in 2013. During February, the company canceled more than 4,400 of its almost 36,400 scheduled departures due to the extreme weather across much of the country. Overall, the company completed 87.7 percent of its scheduled flights in February, compared to 94.6 percent in February 2013.

Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America. Its website is at website at www.rjet.com.

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