Republic Airways (RJET) Reports 2% Increase in November Revenue Passenger Miles
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Republic Airways Holdings (NASDAQ: RJET) today reported preliminary passenger traffic results for November 2011. The Company generated 1.7 billion revenue passenger miles, which was 2% higher than the same month last year, on a decrease in capacity of 2% at 2.0 billion available seat miles (ASMs).
Block hours were 74,072 in November 2011, a decrease of 3% from November 2010. Consolidated load factor was 81% in November of 2011 versus 78% in the same month last year. Republic Airways carried 2.5 million passengers during the month, which was essentially unchanged from the same month last year.
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Block hours were 74,072 in November 2011, a decrease of 3% from November 2010. Consolidated load factor was 81% in November of 2011 versus 78% in the same month last year. Republic Airways carried 2.5 million passengers during the month, which was essentially unchanged from the same month last year.
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