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Republic Airways Reports a 8% increase in August 2008 Traffic

INDIANAPOLIS-(Business Wire)-September 3, 2008 - Republic Airways Holdings (NASDAQ: RJET), today reported preliminary passenger traffic results for August 2008. The company generated 880.0 million revenue passenger miles (RPMs), an 8.2% increase over the same month last year, while available seat miles (ASMs) increased 10.8% to 1.15 billion. Block hours were 63,791 in August 2008, a 5.1% increase over August 2007. Load factor was 76.8% versus 78.7% in August 2007. A total of 1,738,722 passengers were carried during the month, a 12.6% increase over the same month last year.

August

	2008		2007		Change
RPMs (000s)	880,027		813,290		8.2	%
ASMs (000s)	1,145,295		1,033,581		10.8	%
Block Hours	63,791		60,675		5.1	%
Load Factor	76.8	%	78.7	%	(1.9	) pp
Passengers	1,738,722		1,544,291		12.6	%

Quarter to Date

	2008		2007		Change
RPMs (000s)	1,772,733		1,608,363		10.2	%
ASMs (000s)	2,297,957		2,024,156		13.5	%
Block Hours	128,737		118,867		8.3	%
Load Factor	77.1	%	79.5	%	(2.4	) pp
Passengers	3,494,358		3,043,363		14.8	%

Year to Date

	2008		2007		Change
RPMs (000s)	6,709,829		5,512,664		21.7	%
ASMs (000s)	8,965,200		7,278,098		23.2	%
Block Hours	510,652		434,484		17.5	%
Load Factor	74.8	%	75.7	%	(0.9	) pp
Passengers	13,028,372		10,428,640		24.9	%

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 1,200 flights daily to 111 cities in 34 states, Canada, Mexico and Jamaica through airline services agreements with five U.S. airlines. All of the airlines’ flights are operated under their airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express and US Airways Express. The airlines currently employ approximately 4,600 aviation professionals and operate 230 regional jets.

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