Republic Airways (RJET) Reports Increase in June Traffic
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Republic Airways Holdings (NASDAQ: RJET) reported preliminary passenger traffic results for June 2008. The company generated 868.0 million revenue passenger miles (RPMs), a 12.3% increase over the same month last year, while available seat miles (ASMs) increased 17.2% to 1.11 billion. Block hours were 63,032 in June 2008, a 12.0% increase over June 2007. Load factor was 78.5% versus 81.9% in June 2007. A total of 1,698,401 passengers were carried during the month, a 16.5% increase over the same month last year.
Republic Airways Holdings Inc. operates Chautauqua Airlines, Inc., (Chautauqua Airlines), Republic Airline Inc. (Republic Airline) and Shuttle America Corporation (Shuttle America). [SM]
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