republic airways holdings in (RJC) Snapshot

Republic Airways Holdings Inc. announced that it has reached a tentative agreement (TA) on a new five-year contract with the Transportation Workers Union (TWU) Local 540 Dispatchers. Local 540 represents the nearly 90 dispatchers of Chautauqua Airlines, Republic Airlines and Shuttle America. The proposed contract includes increases in pay and work rule improvements. The TA still must be presented to union members for review and a ratification vote, which is expected to be held in July, 2013.

Republic Airways Holdings Inc. reported preliminary traffic results for the month, quarter to date and year to date ended May 2013. For the month, the company's revenue passenger miles were 1,735,110,000 compared with 1,752,744,000 a year ago. Available seat miles were 2,057,013,000 compared with 2,107,132,000 a year ago. The company served 2,813,947 passengers compared with 2,604,178 passengers a year ago. Load factor was 84% compared with 83% a year ago. For the quarter, the company's revenue passenger miles were 3,318,121,000 compared with 3,447,772,000 a year ago. Available seat miles were 4,017,051,000 compared with 4,221,592,000 a year ago. The company served 5,369,505 passengers compared with 5,106,766 passengers a year ago. Load factor was 83% compared with 82% a year ago. For the year to date, the company's revenue passenger miles was 7,913,239,000 compared with 8,288,412,000 a year ago. Available seat miles were 9,807,182,000 compared with 10,591,068,000 a year ago. The company served 12,544,369 passengers compared with 12,142,192 passengers a year ago. Load factor was 80% compared with 77% a year ago.

Republic Airways Holdings Inc. Presents at Cowen Securities 6th Annual Global Transportation Conference, Jun-11-2013 03:10 PM. Venue: InterContinental New York Barclay, New York, New York, United States. Speakers: Timothy P. Dooley, Chief Financial Officer, Principal Accounting Officer, Senior Vice President of Finance and Secretary.