Regional Express Holdings of Australia reported a 5.4% decline in pre-tax profit for the fiscal first half ended Dec. 31, 2010 to A$12.2 million ($12.2 million) from A$12.9 million in the year-ago period. Revenue increased 2.9% to A$121.2 million and expenses lifted 3.9% to A$109 million. The largest increase at 4.9% was fuel, which cost A$16 million for the period. Passenger numbers dipped 1.4% to 632,777 while ASKs increased 4% to 389 million, with load factor easing 1.9 points to ...

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