Frontier Airlines, a subsidiary of Republic Airways Holdings (NASDAQ: RJET), today reported preliminary traffic results for December 2011. Frontier's traffic increased 7%, to 1.0 billion revenue passenger miles (RPMs), while capacity was flat, at 1.2 billion available seat miles (ASMs). Frontier Airlines served 1.2 million passengers in December, a 4% increase from December 2010. December had a load factor of 85% compared to 80% in the same month last year. It was Frontier's sixth consecutive record monthly load factor.
"Frontier demonstrated exceptional performance in December," said CEO Bryan Bedford. "Despite an 11% decrease in block hours from last year, we scheduled our fleet efficiently to maintain stable capacity and achieve revenue gains. We anticipate solid fourth quarter results."
December | ||||||||||||
2011 | 2010 | |||||||||||
Total | Total | Change | ||||||||||
RPMs (000s) | 1,040,748 | 976,349 | 7% | |||||||||
ASMs (000s) | 1,219,821 | 1,222,567 | 0% | |||||||||
Block Hrs | 26,631 | 29,854 | -11% | |||||||||
LF % | 85% | 80% | 5 pp | |||||||||
Passengers | 1,178,370 | 1,131,194 | 4% | |||||||||
Quarter to Date | ||||||||||||
2011 | 2010 | |||||||||||
Total | Total | Change | ||||||||||
RPMs (000s) | 3,080,937 | 2,938,208 | 5% | |||||||||
ASMs (000s) | 3,549,709 | 3,617,389 | -2% | |||||||||
Block Hrs | 77,453 | 88,167 | -12% | |||||||||
LF % | 87% | 81% | 6 pp | |||||||||
Passengers | 3,565,787 | 3,436,759 | 4% | |||||||||
Year to Date | ||||||||||||
2011 | 2010 | |||||||||||
Total | Total | Change | ||||||||||
RPMs (000s) | 12,899,243 | 12,571,202 | 3% | |||||||||
ASMs (000s) | 15,036,619 | 15,198,973 | -1% | |||||||||
Block Hrs | 349,300 | 380,050 | -8% | |||||||||
LF % | 86% | 83% | 3 pp | |||||||||
Passengers | 14,937,983 | 14,603,935 | 2% | |||||||||
About Frontier Airlines
Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ: RJET), an airline holding company that also owns Chautauqua Airlines, Republic Airlines and Shuttle America. Currently in its 18th year of operations, Frontier employs nearly 5,000 aviation professionals and operates from hubs at Denver International Airport, Milwaukee's General Mitchell International Airport and Kansas City International Airport. Frontier offers service to 79 destinations in the United States, Dominican Republic, Jamaica, Mexico and Costa Rica. For in-depth information on Frontier Airlines and to book tickets, visit FrontierAirlines.com.
Republic Airways Holdings
Margaret Miller, 317-246-2628