Aviation News Online

Republic issues preliminary June results

airline

Republic Airways Holdings has reported preliminary passenger traffic results for June 2014 and updated its 2nd quarter 2014 financial guidance, with previous EPS estimates being revised upward from the $0.30 to $0.35 range to the $0.35 to $0.40 range.

The updated noted the company generated more than 1 billion revenue passenger miles (RPMs) in June for 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.

About the author /