PURCHASE, N.Y.,
Dec. 24 /PRNewswire/ -- Industry failures, rising oil
prices, a weakening economy and planned reductions in corporate travel have
neither diminished travelers enthusiasm for Eos Airlines' "uncrowded,
uncompromising" Eos Class experience, nor hindered the company's march toward
becoming an unqualified business success. Eos today announced record Guests
during October and
November 2007, citing a surge in passengers of 64% versus
the same time last year and 14% since September, after adding 12 additional
weekly flights in October. The company recently secured
$50 million in equity
capital from institutional and private sources and took delivery of their
fifth and sixth aircraft. Continued expansion is expected for 2008, with as
many as three new routes and the delivery of aircraft seven and eight.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070508/NYTU097LOGO )
Eos President and CEO Jack Williams commented, "I am delighted that after
our second successful year more people than ever are choosing to fly with Eos.
Our passenger numbers are at record highs and load factors are consistently
strong - including peaks in June (76%), July and September (both 73%). We are
flight level profitable and all signs point toward continued success in 2008."
With a strong financial position and backed by committed investors, Eos
delivers both service and value by offering a first class experience at fares
that are 25% less than traditional carriers' business class. Designing the
world's only fleet of Boeing 757s outfitted for just 48 Guests and removing
the crowds and stress from air travel has resulted in an unprecedented amount
of word-of-mouth endorsement from a community of loyal and like-minded Guests.
In order to offer business travelers more schedule options and greater
flexibility, Eos focused its early growth on adding frequency between New York
and London. Additionally, the ease of booking through the GDS, a dedicated
sales team and strategic corporate partnerships have contributed to making Eos
a significant player in the corporate travel market. Today, Eos carries one
out of every nine business class passengers traveling between New York's JFK
and London.
"We are confident our business model works and this sets us apart from
other early stage companies," continued Jack Williams. "With a 97% Guest
satisfaction rating, strong financials, world class employees and industry
leading operational statistics, we have now moved beyond being simply a
preferred airline to becoming a "category of one" -- a standard of living
while traveling that can only be achieved when you escape the crowds and fly
Eos."
About Eos Airlines
Eos provides single-class premium service in a class by itself - "Eos
Class." Eos was named "Best Long Haul Business Airline" at the 2007 Business
Travel World Awards based on the strength of its dedicated employees,
operational excellence and "uncrowded" guest experience. Eos flies the
world's only 757s outfitted with just 48 'suites,' each of which houses an
award-winning 6'6" fully-horizontal flat-bed and provides 21 square feet of
personal space with unobstructed aisle access for every Guest. Eos offers 44
flights per week between London's Stansted Airport and New York's JFK Airport
and takes responsibility for the complete end-to-end experience of its Guests.
Reservations for Eos flights between New York and London may be obtained by
calling (800) 598-2169 or may be reserved online at www.eosairlines.com.
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