Republic Airways Holdings Inc. (NASDAQ/NM:RJET) today reported preliminary passenger traffic results for December 2014.
The Company generated more than 950 million revenue passenger miles (RPMs) in December, a 3% increase over the same period in 2013, on an 8% increase in available seat miles (ASMs). Block hours decreased 3%, and the load factor decreased four percentage points from the same period in 2013. Republic Airways carried more than 1.8 million passengers during the month, a 3% decrease compared to December 2013.
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