DENVER,
Oct. 4 /PRNewswire-FirstCall/ -- Frontier Airlines (Nasdaq: FRNT)
today announced preliminary traffic results for
September 2007. Revenue
passenger miles increased 26.0 percent to 776,607,000 for
September 2007 from
the same period last year. Available seat miles increased 9.4 percent to
996,914,000 for
September 2007 from the same period last year. This resulted
in a load factor for
September 2007 of 77.9 percent, an increase of 10.3
points from
September 2006, when the airline reported a load factor of 67.6
percent. September 2007's 77.9 percent load factor is the highest in the
airline's history during the month of September.
The airline carried 823,487 passengers during September 2007, a 21.8
percent increase from September 2006. The airline reported passenger yield of
9.79 cents for the month of September 2007, a decrease of 5.7 percent from the
same period last year. Its passenger revenue per available seat mile was 7.63
cents, up .61 cents or 8.7 percent from September 2006. For the month of
September 2007, the airline's average length of haul increased 3.4 percent to
943 miles as compared to the same period last year.
The following table represents mainline comparisons for the month of
September year-over-year, calendar 2007 year-over-year, fiscal 2008
year-over-year and the quarter ended September year-over-year traffic results.
September September Increase/
2007 2006 (Decrease) Percent
Available
Seat Miles 996,914,000 911,638,000 85,276,000 9.4%
Revenue
Passenger Miles 776,607,000 616,459,000 160,148,000 26.0%
Load Factor 77.9% 67.6% 10.3 points N/A
Revenue
Passengers Carried 823,487 675,835 147,652 21.8%
**Passenger Yield
(cents) 9.79 10.38 (.59) (5.7%)
**Passenger
Revenue Per Avail.
Seat Mile (cents) 7.63 7.02 .61 8.7%
Average Length
of Haul 943 912 31 3.4%
Calendar Calendar Increase/
Year-to-Date Year-to-Date (Decrease) Percent
2007 2006
Available Seat
Miles 9,355,416,000 8,237,596,000 1,117,820,000 13.6%
Revenue Passenger
Miles 7,418,700,000 6,405,235,000 1,013,465,000 15.8%
Load Factor 79.3% 77.8% 1.5 Points N/A
Revenue Passengers
Carried 7,846,013 6,811,808 1,034,205 15.2%
**Passenger Yield
(cents) 10.82 10.94 (.12) (1.1%)
**Passenger Revenue
Per Avail. Seat
Mile (cents) 8.58 8.51 .07 0.8%
Average Length of
Haul 946 940 6 0.6%
Fiscal Fiscal Increase/
Year-to-Date Year-to-Date (Decrease) Percent
2008 2007
Available Seat
Miles 6,418,382,000 5,678,077,000 740,305,000 13.0%
Revenue Passenger
Miles 5,329,511,000 4,523,498,000 806,013,000 17.8%
Load Factor 83.0% 79.7% 3.3 Points N/A
Revenue Passengers
Carried 5,623,489 4,831,921 791,568 16.4%
**Passenger Yield
(cents) 10.81 11.03 (.22) (2.0%)
**Passenger Revenue
Per Avail. Seat
Mile (cents) 8.98 8.78 .20 2.3%
Average Length of Haul 948 936 12 1.3%
Quarter Ended Quarter Ended Increase/
September 2007 September 2006 (Decrease) Percent
Available Seat
Miles 3,232,320,000 2,888,964,000 343,356,000 11.9%
Revenue Passenger
Miles 2,738,605,000 2,238,946,000 499,659,000 22.3%
Load Factor 84.7% 77.5% 7.2 Points N/A
Revenue Passengers
Carried 2,901,077 2,428,399 472,678 19.5%
**Passenger Yield
(cents) 10.95 11.30 (.35) (3.1%)
**Passenger Revenue
Per Avail. Seat
Mile (cents) 9.28 8.76 .52 5.9%
Average Length of Haul 944 922 22 2.4%
Frontier's fiscal year begins April 1 and ends March 31.
**Passenger yield and passenger revenue per available seat mile is
calculated from revenue derived only from the mainline 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 14th year of operations, Frontier Airlines
is the second-largest jet service carrier at Denver International Airport,
employing approximately 6,000 aviation professionals. With 60 aircraft and one
of the youngest Airbus fleets 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 59 destinations including 50 U.S. cities in 30 states spanning the nation
from coast to coast, seven 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 its Web site at
http://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, 2007.
Print This Page
Email This Page
Archives
Copyright Permissions
