7 December 2005

Republic Airways November traffic shows 52% growth

Republic Airways Holdings Inc. reported for November 2005 434 million revenue passenger miles (RPMs), a 52.1% increase over the same month last year, while available seat miles (ASMs) increased to 632.5 million, a 52.2% increase. Load factor was 68.5% versus 68.6% in November 2004. A total of 778,845 passengers were carried during the month, a …

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GATX to reduce aircraft portfolio by $450 million

GATX Corporation announced a plan to focus its aircraft leasing portfolio around its newer, more profitable aircraft. As part of this plan, GATX announced its intent to sell up to $450 million of older aircraft assets (including wholly owned and joint venture aircraft), or approximately 23% of its current air portfolio. In conjunction with this …

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