Republic Airways Holdings Inc. (Nasdaq:RJET) reported preliminary passenger traffic results for August 2011. The Company generated 2.0 billion revenue passenger miles (RPMs), a 1% decrease from the same month last year, while capacity was down 2% at 2.4 billion available seat miles (ASMs). Block hours were 83,101 in August 2011, a decrease of 3% from August 2010. Consolidated load factor was 84% in August of both years. Republic Airways carried 2.9 million passengers during the month, a 2% reduction from the same month last year.

Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger services. The company also offers cargo and charter services.

To read more at : http://doubleinstocks.com/?p=18401