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Republic 3Q2009 revenue down 6.7%, operating profit slumps

5-Nov-2009 2:48 PM

Republic Airways revenue down 6.7% - consolidated financial highlights for the three months ended 30-Sep-2009:

  • Total operating revenue: USD359.6 million, -6.7% year-on-year;
  • Total operating costs: USD323.0 million, -0.6%;
  • Operating profit: USD36.6 million, -39.2%;
  • Profit before tax: USD4.5 million, -83.7%;
  • Net profit: USD2.6 million, -84.4%;
  • Passenger numbers: 4.9 million, -0.1%;
    • Branded*: 669,901, -11.6%;
  • Passenger load factor: 77.4%, +2.7 ppts;
    • Branded*: 78.2%, +2.0 ppts;
  • Cost per ASM: USD 8.09 cents, -23.2%;
    • Branded*: USD 14.78 cents, -5.7%;
  • Cost per ASM ex-fuel: USD 7.61 cents +0.5%;
    • Branded*: USD 10.64 cents, -6.7%;
  • Revenue per ASM:
    • Branded: USD 12.83 cents, -2.5%;
  • Passenger revenue per ASM: USD 11.27 cents, -2.8%. [more]

* Includes Mokulele from Apr-2009 to Sep-2009 and Midwest from Aug-2009 and Sep-2009