Republic Airways (RJET) Reports Decline in May Traffic Results
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Republic Airways Holdings (NASDAQ: RJET) reported preliminary passenger traffic results for May 2009. The company generated 851.0 million revenue passenger miles (RPMs), a 5.2% decrease from the same month last year, while available seat miles (ASMs) dropped 4.0% to 1.12 billion. Block hours were 58,467 in May 2009, a 10.3% decline from May 2008. Load factor was 75.8 versus 76.8% in May 2008. Approximately 1.7 million passengers were carried during the month, a 1.4% decrease from the same month last year.
Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger and air freight services. [SM]
Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger and air freight services. [SM]
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