Republic Airways (RJET) Reports Decline in March Traffic

Republic Airways Holdings (NASDAQ: RJET) reported preliminary passenger traffic results for March 2011. The Company generated 1.8 billion revenue passenger miles (RPMs), a 2% decrease from the same month last year, while available seat miles (ASMs) increased by 1%. Block hours were 84,328 in March 2011, up 1% from March 2010. Consolidated load factor was 78% versus 81% in March 2010. Nearly 2.7 million passengers were carried during the month, a 2% reduction from the same month last year.

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