HAL is major beneficiary of latest Indian procurement approvals
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
Republic Airways reports February 2009 traffic
Republic Airways Holdings has reported preliminary passenger traffic results for February 2009 covering all its operating airline subsidiaries, Chautauqua Airlines, Republic Airlines and Shuttle America.
The company generated 693.4 million revenue passenger miles (RPMs), a 2.7% decrease from the same month last year (713 million), while available seat miles (ASMs) increased 2.0% from 1,018 million in February 2008 to 1,038 million.
Load factor was 66.8% versus 70.0% in February 2008. A total of 1,382,226 passengers were carried during the month, a 0.6% decrease from the same month last year when 1,389,943 passengers travelled.
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