Republic Airways (RJET) Reports Increase in December Traffic Results

January 2, 2009 4:00 PM EST

Republic Airways Holdings (NASDAQ: RJET) reported preliminary passenger traffic results for December 2008. The company generated 783.4 million revenue passenger miles (RPMs), a 6.2% increase over the same month last year, while available seat miles (ASMs) increased 4.1%. Block hours were 60,657 in December 2008, a 3.8% decrease compared to December 2007. Load factor was 70.7% versus 69.3% in December 2007. A total of 1,507,744 passengers were carried during the month, a 6.1% increase from the same month last year.

Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America.[SM]

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