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RAH announces 1st Quarter Earnings...

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Old 04-23-2008 | 05:36 PM
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HercDriver130
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Default RAH announces 1st Quarter Earnings...
INDIANAPOLIS--(BUSINESS WIRE)--April 23, 2008--Republic Airways Holdings Inc. (NASDAQ: RJET) today reported operating revenues of $363.9 million for the quarter ended March 31, 2008, a 25.3% increase, compared to $290.4 million for the same period last year. The Company reported net income of $20.2 million for the quarter ended March 31, 2008, compared to $19.3 million reported in the prior year's first quarter. The Company also reported earnings per diluted share of $0.55, compared to $0.44 for the same period last year.
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Old 04-23-2008 | 05:53 PM
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Money is always good
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Old 04-23-2008 | 05:58 PM
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Originally Posted by HercDriver130
INDIANAPOLIS--(BUSINESS WIRE)--April 23, 2008--Republic Airways Holdings Inc. (NASDAQ: RJET) today reported operating revenues of $363.9 million for the quarter ended March 31, 2008, a 25.3% increase, compared to $290.4 million for the same period last year. The Company reported net income of $20.2 million for the quarter ended March 31, 2008, compared to $19.3 million reported in the prior year's first quarter. The Company also reported earnings per diluted share of $0.55, compared to $0.44 for the same period last year.
It's nice to see someone finally showing a profit during these troubled times.
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Old 04-23-2008 | 06:05 PM
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Originally Posted by Terantious
It's nice to see someone finally showing a profit during these troubled times.

Perhaps MESA management should take some notes from them on how it's supposed to be done. I hope they continue to make profit the rest of the year.
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Old 04-23-2008 | 06:21 PM
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Originally Posted by mach946
Perhaps MESA management should take some notes from them on how it's supposed to be done. I hope they continue to make profit the rest of the year.
Me too!!! Because I would love to get a class date!
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Old 04-23-2008 | 06:50 PM
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Well, nice to get some good news today. Now if we can figure out what to do with 17 planes and 100-some-odd pilots, we'll be set.
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Old 04-23-2008 | 06:55 PM
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Originally Posted by Terantious
It's nice to see someone finally showing a profit during these troubled times.
It's easy to show a profit when: You don't buy your gas, Sell your tickets, and get paid only to take off and land, with or without people on board.
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Old 04-23-2008 | 07:06 PM
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Originally Posted by mach946
Perhaps MESA management should take some notes from them on how it's supposed to be done. I hope they continue to make profit the rest of the year.
Very true. Too good to me true though.

There were a lot of us salivating at the idea that RAH was going to buy Mesa (that rumor circulated 2 different times last summer).

I would have gladly taken a hit in senority to have a more stable future.

I was this close to coming to RW in Feb, and a very tiny part of me still wishes I had.

Best of luck to you guys, I'm confident this is just a bump in the road for RW.
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Old 04-23-2008 | 07:08 PM
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Originally Posted by otter
It's easy to show a profit when: You don't buy your gas, Sell your tickets, and get paid only to take off and land, with or without people on board.
No it isn't. Mesa isn't doing it.

Kind of a harsh comment coming from a SKW dude.

Don't revel in the downfall of your closest competitor (for the best regional around).
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Old 04-23-2008 | 08:02 PM
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That increase in profit year-to-year already includes some of the hit from losing the F9 flying as well.
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