Republic Airways Reports May 2010 Traffic
Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for May 2010. The Company generated 1.83 billion revenue passenger miles (RPMs), a 116% increase from the same month last year, while available seat miles (ASMs) increased 100%.
Frontier Airlines1 Reports Third Consecutive Month of Record Load Factor
Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for May 2010. The Company generated 1.83 billion revenue passenger miles (RPMs), a 116% increase from the same month last year, while available seat miles (ASMs) increased 100%. Block hours were 82,528 in May 2010, a 41% increase from May 2009. Consolidated load factor was 82% versus 76% in May 2009. Over 2.8 million passengers were carried during the month, a 66% increase from the same month last year.
The branded operations at Frontier Airlines generated 1.09 billion RPMs in May 2010, an increase of 11% over May 2009 results. Capacity (ASMs) increased 5% to 1.29 billion in May 2010 compared to 1.23 billion in May 2009. Load factor on the branded operation was 85% in May 2010 compared to 80% in May 2009. This was the third consecutive month in which Frontier Airlines reported a record load factor. Frontier served 1.3 million passengers last month, a 7% increase from May 2009.
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May |
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2010 | 2010 | 2010 | 2009 | ||||||||||||||
Fixed Fee |
Branded |
Total |
Total |
Change |
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RPMs (000s) | 741,558 | 1,092,969 | 1,834,526 | 850,999 | 116% | ||||||||||||
ASMs (000s) | 949,759 | 1,291,418 | 2,241,177 | 1,122,166 | 100% | ||||||||||||
Block Hrs | 50,064 | 32,464 | 82,528 | 58,467 | 41% | ||||||||||||
LF % | 78% | 85% | 82% | 76% | 6 pp | ||||||||||||
Passengers | 1,542,401 | 1,278,479 | 2,820,880 | 1,697,952 | 66% | ||||||||||||
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Quarter to Date |
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2010 | 2010 | 2010 | 2009 | ||||||||||||||
Fixed Fee |
Branded |
Total |
Total |
Change |
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RPMs (000s) | 1,459,023 | 2,129,742 | 3,588,765 | 1,700,974 | 111% | ||||||||||||
ASMs (000s) | 1,877,916 | 2,550,081 | 4,427,997 | 2,251,413 | 97% | ||||||||||||
Block Hrs | 98,151 | 64,488 | 162,638 | 117,931 | 38% | ||||||||||||
LF % | 78% | 84% | 81% | 76% | 5 pp | ||||||||||||
Passengers | 3,026,542 | 2,473,951 | 5,500,493 | 3,384,694 | 63% | ||||||||||||
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Year to Date |
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2010 | 2010 | 2010 | 2009 | ||||||||||||||
Fixed Fee |
Branded |
Total |
Total |
Change |
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RPMs (000s) | 3,423,590 | 4,929,255 | 8,352,845 | 3,958,076 | 111% | ||||||||||||
ASMs (000s) | 4,630,129 | 6,246,777 | 10,876,905 | 5,575,784 | 95% | ||||||||||||
Block Hrs | 242,065 | 160,520 | 402,586 | 296,366 | 36% | ||||||||||||
LF % | 74% | 79% | 77% | 71% | 6 pp | ||||||||||||
Passengers | 6,844,798 | 5,685,326 | 12,530,124 | 7,818,503 | 60% | ||||||||||||
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1 All operations at Frontier Airlines and Midwest Airlines are now being reported as Frontier Airlines
Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Midwest Airlines, Republic Airlines and Shuttle America, collectively “the airlines.” The airlines offer scheduled passenger service on approximately 1,600 flights daily to 126 cities in 45 states, Canada, Costa Rica, and Mexico under branded operations at Frontier and Midwest, and through fixed-fee airline services agreements with five major U.S. airlines. The fixed-fee flights are operated under an airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 11,000 aviation professionals and operate 287 aircraft.