DENVER,
May 7 /PRNewswire-FirstCall/ -- Frontier Airlines (Nasdaq: FRNT)
today announced preliminary traffic results for
April 2007. Revenue passenger
miles increased 11.4 percent to 788,684,000 for
April 2007 from the same
period last year. Available seat miles increased 16.4 percent to
1,021,537,000 for
April 2007 from the same period last year. This resulted in
a load factor for
April 2007 of 77.2 percent, a decrease of 3.5 points from
April 2006, when the airline reported a load factor of 80.7 percent. The
airline carried 825,329 passengers during
April 2007, an 11.8 percent increase
from
April 2006. The airline reported passenger yield of 10.24 cents for the
month of
April 2007, a decrease of 0.1 percent from the same period last year.
Its preliminary passenger revenue per available seat mile (RASM) was 7.91
cents, down .36 cents or 4.4 percent from
April 2006.
The following table represents comparisons for the month of April and
calendar year-to-date, year-over-year traffic results.
Increase/
April 2007 April 2006 (Decrease) Percent
Available Seat Miles 1,021,537,000 877,436,000 144,101,000 16.4%
Revenue Passenger
Miles 788,684,000 707,660,000 81,024,000 11.4%
Load Factor 77.2% 80.7% (3.5 Points) N/A
Revenue Passengers
Carried 825,329 738,369 86,960 11.8%
**Passenger Yield
(cents) 10.24 10.25 (.01) (0.1%)
**Passenger Revenue
Per Avail. Seat Mile
(cents) 7.91 8.27 (.36) (4.4%)
Average Length of Haul 956 958 (2) (0.2%)
Calendar Calendar
Year-to-Date Year-to-Date Increase/ Percent
2007 2006 (Decrease)
Available Seat Miles 3,958,571,000 3,436,955,000 521,616,000 15.2%
Revenue Passenger
Miles 2,877,873,000 2,589,397,000 288,476,000 11.1%
Load Factor 72.7% 75.3% (2.6 Points) N/A
Revenue Passengers
Carried 3,047,853 2,718,256 329,597 12.1%
**Passenger Yield
(cents) 10.69 10.60 .09 0.8%
**Passenger Revenue
Per Avail. Seat Mile
(cents) 7.77 7.98 (.21) (2.6%)
Average Length of Haul 944 953 (9) (.9%)
Frontier's fiscal year begins April 1 and ends March 31.
Statistics are for Frontier mainline service only (does not include
Frontier JetExpress).
**Passenger yield and passenger revenue per available seat mile is
calculated from revenue derived only from the revenue passengers reported in
this press release.
About Frontier Airlines Holdings, Inc.
Frontier Airlines Holdings, Inc. is the parent company of Denver-based
Frontier Airlines. Currently in its 13th year of operations, Frontier
Airlines is the second-largest jet service carrier at Denver International
Airport, employing approximately 5,000 aviation professionals. With 59
aircraft and one of the youngest Airbus fleet in North America, Frontier
offers 24 channels of DIRECTV(R) service in every seatback along with 33
inches of legroom in an all coach configuration. In conjunction with its
regional jet fleet, operated by Horizon and Republic Airlines, Frontier offers
routes linking its Denver hub to 58 destinations including 48 U.S. cities in
30 states spanning the nation from coast to coast, eight cities in Mexico and
two cities in Canada. In November 2006, Frontier and AirTran announced a
first-of-its-kind integrated marketing partnership that offers travelers the
ability to reach more than 80 destinations across four countries with low
fares, aboard two of the youngest fleets in the industry. In December 2006,
Frontier was designated "Best Low Cost Carrier" in the U.S. by the readers of
Business Traveler magazine. Frontier's maintenance department has received
the Federal Aviation Administration (FAA) Diamond Award recognizing its
advanced training standards for eight consecutive years, from 1999 to 2006.
For more in-depth information on Frontier Airlines, please visit our Web site
at www.FrontierAirlines.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995:
Statements contained in this press release that are not historical facts
may be forward-looking statements as that item is defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking statements involve
risks and uncertainties that could result in actual results differing
materially from expected results and represent the Company's expectations and
beliefs concerning future events based on information available to the Company
as of the date of this press release. The Company undertakes no obligation to
publicly update or revise any forward-looking statements to reflect events or
circumstances that may arise after the date of this press release. Additional
information regarding risk factors that may affect future performance at the
Company are contained in the Company's SEC filings, including without
limitation, the Company's Form 10-K for its fiscal year ended March 31, 2006
and the Company's Form 10-Q for the quarter ended December 31, 2006.