Republic Airways Reports a 12% Increase in June 2008 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Republic Airways Holdings (NASDAQ: RJET), today 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.

June
		2008			2007			Change
RPMs (000s)		867,984			772,872			12.3	%
ASMs (000s)		1,105,648			943,466			17.2	%
Block Hours		63,032			56,258			12.0	%
Load Factor		78.5	%		81.9	%		(3.4	) pp
Passengers		1,698,401			1,458,373			16.5	%

Quarter to Date
		2008			2007			Change
RPMs (000s)		2,640,386			2,193,603			20.4	%
ASMs (000s)		3,426,921			2,801,158			22.3	%
Block Hours		193,091			165,878			16.4	%
Load Factor		77.0	%		78.3	%		(1.3	) pp
Passengers		5,092,277			4,134,981			23.2	%

Year to Date
		2008			2007			Change
RPMs (000s)		4,937,096			3,904,301			26.5	%
ASMs (000s)		6,667,243			5,253,942			26.9	%
Block Hours		381,915			315,618			21.0	%
Load Factor		74.1	%		74.3	%		(0.2	) pp
Passengers		9,534,014			7,385,277			29.1	%

Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America. The airlines offer scheduled passenger service on approximately 1,300 flights daily to 117 cities in 34 states, Canada, Mexico and Jamaica through airline services agreements with six U.S. airlines. All of the airlines’ flights are operated under their airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, Frontier Airlines, United Express and US Airways Express. The airlines currently employ approximately 5,000 aviation professionals and operate 228 regional jets.