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Republic Airways' revenue up 8.3% in 2Q2011

2-Aug-2011 12:26 PM

Republic Airways Holdings revenue up 8.3% – financial highlights for the three months ended Jun-2011:

  • Operating revenue: USD739.7 million, +8.3% year-on-year;
  • Operating costs: USD727.5 million, +13.7%;
    • Fuel: +41.3%;
    • Staff: +2.7%;
  • Operating income: USD12.2 million, -72%;
  • Net income/loss: (USD14.9 million), compared with an income of USD2.6 million p-c-p. 
  • Passenger numbers:
    • Fixed fee: 4.3 million, -6.2%;
    • Branded: 3.9 million, +0.6%;
  • Passenger load factor:
    • Fixed fee: 74%, -4.5 ppts;
    • Branded: 87.4%, +1.5 ppts. [more]