INDIANAPOLIS, IN – Republic Airways Holdings Inc today reported preliminary passenger traffic results for January 2016.
The Company generated more than 738 million revenue passenger miles (RPMs) in January, a 12% decrease over the same period in 2015, on a 15% decrease in available seat miles (ASMs). Block hours decreased 19%, and the load factor increased three percentage points from the same period in 2015. Republic Airways carried nearly 1.4 million passengers during the month, a 15% decrease compared to January 2015.
January
2016 2015
Total Total Change
RPMs (000s) 738,042 841,141 -12%
ASMs (000s) 1,015,636 1,198,579 -15%
Block Hrs 49,957 61,464 -19%
LF % 73% 70% 3 pts
Passengers 1,371,077 1,606,437 -15%
Departures 27,063 33,148 -18%
Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Republic Airlines and Shuttle America.
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- The Company generated more than 738 million revenue passenger miles (RPMs) in January, a 12% decrease over the same period in 2015, on a 15% decrease in available seat miles (ASMs).
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