Posted on: 11 August 2015 by Ross McSweeny
Although Republic Airways Holdings’ available seat miles (ASMs) for July 2015 were cut by 6% to 1,225,361,000 from July 2014’s figure of 1,302,485,000, the airline’s passenger numbers actually increased by 1% from 2,052,961 to 2,081,410 across the respective periods.
Revenue passenger miles (RPMs) decreased by 5% from 1,053,463,000 in July 2014 to 1,005,231,000 for the same month this year, but by staying slightly less than the decrease in ASMs actually cemented a year-on-year load factor increase of 1 percentage point from 81% to 82% for the carrier.
However, figures for the year to date tell a different story, with no change in ASMs and a only slight drop in RPMs (by 1%) from 2014, leaving the load factor for the 2015 year-to-date unchanged from one year ago.
Republic Airways Holdings attributes the negative figures to the ongoing national pilot labour shortage as well as its own labour dispute with the International Brotherhood of Teamsters.