Republic Airways' revenue up 8.3% in 2Q2011

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]