Republic Airways Holdings Reports June 2014 Traffic and Updates 2nd Quarter 2014 Financial Guidance

INDIANAPOLIS—(BUSINESS WIRE)—Republic Airways Holdings Inc. (NASDAQ: RJET) today reported preliminary passenger traffic results for June 2014 and updated its 2nd quarter 2014 financial guidance.

The Company generated more than 1 billion revenue passenger miles (RPMs) in June, a 16% increase over the same period in 2013, on a 13% increase in available seat miles (ASMs). Block hours increased 5%, and the load factor increased two percentage points from the same period in 2013. The Company continues to replace smaller regional jets with larger capacity E175s. Republic Airways carried more than 2 million passengers, an 8% increase compared to June 2013.