Republic Airways Reports October 2008 Traffic

INDIANAPOLIS - (Business Wire) Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for October 2008. The company generated 795.7 million revenue passenger miles (RPMs), a 2.8% decrease over the same month last year, while available seat miles (ASMs) decreased 0.4%. Block hours were 58,110 in October 2008, a 7.8% decrease compared to October 2007. Load factor was 73.0% versus 74.8% in October 2007. A total of 1,570,408 passengers were carried during the month, a 1.2% increase over the same month last year.

									October
									2008			2007			Change
RPMs (000s)									795,694			818,911			(2.8%)
ASMs (000s)									1,089,525			1,094,402			(0.4%)
Block Hours									58,110			62,994			(7.8%)
Load Factor									73.0%			74.8%			(1.8) pp
Passengers									1,570,408			1,551,739			1.2%
									Year to Date
									2008			2007			Change
RPMs (000s)									8,189,715			7,066,983			15.9%
ASMs (000s)									11,046,900			9,387,854			17.7%
Block Hours									623,318			4555,235			12.3%
Load Factor									74.1%			75.3%			(1.2) pp
Passengers									15,988,861			13,372,124			19.6%

Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Republic Airlines and Shuttle America. The airlines offer scheduled passenger service on approximately 1,300 flights daily to 103 cities in 35 states, Canada, Mexico and Jamaica through airline services agreements with seven U.S. airlines. All of the airlines’ flights are operated under their airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express, Midwest Connect, Mokulele Airlines, and US Airways Express. The airlines currently employ approximately 4,500 aviation professionals and operate 235 regional jets.

Republic Airways Holdings
Timothy P. Dooley, 317-487-4308