AirTran Airways' February 2002 Traffic Up by 3.2 Percent; New Company Records for the Month of February in Traffic, Capacity.Business Editors/Travel Writers ORLANDO, Fla.--(BUSINESS WIRE)--March 4, 2002 AirTran Holdings AirTran Holdings (NYSE: AAI) is a Nevada corporation that operates as an airline holding company. Its primary asset is AirTran Airways. History After the large amount of negative publicity surrounding the Flight 592 incident, ValuJet Airlines suffered serious , Inc., (NYSE NYSE See: New York Stock Exchange :AAI AAI American Association of Immunologists. ) today reported traffic results for the month of February 2002. Traffic, as measured by revenue passenger miles, was up by 3.2 percent versus February 2001, a new record for the company, while capacity grew by 13.0 percent year over year. The load factor reached 63.2 percent, and the airline enplaned 630,811 passengers for the month of February 2002. "We are continuing our expansion, both in terms of new aircraft delivery and new markets, and are encouraged by steadily improving trends recently and particularly going forward." said Robert Fornaro, AirTran Airways AirTran Airways is a low-cost airline that is a Delaware corporation with headquarters in Orlando, Florida, USA and is a subsidiary of AirTran Holdings. AirTran operates over 750 daily flights throughout the eastern USA and the Midwest, including over 270 daily departures from president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . AirTran Airways recently announced plans to accelerate Boeing 717 deliveries to 20 for 2002, and the airline will initiate new service to Rochester, NY, on March 14 and Wichita, KS, on May 8.
AIRTRAN AIRWAYS FEBRUARY 2002 TRAFFIC
(Preliminary)
February 2002 February 2001 Change
------------- ------------- ------
Revenue Passenger Miles (000) 354,861 344,009 3.2%
Available Seat Miles (000) 561,528 496,951 13.0%
Load Factor 63.2% 69.2% -6.0 points
Passengers Enplaned 630,811 640,231 -1.5%
YTD 2002 YTD 2001 Change
-------- -------- ------
Revenue Passenger Miles (000) 707,214 701,006 0.9%
Available Seat Miles (000) 1,122,155 1,034,788 8.4%
Load Factor 63.0% 67.7% -4.7 points
Passengers Enplaned 1,268,598 1,295,010 -2.0%
AirTran Airways provides affordable air travel with 367 flights a day to 36 cities throughout the eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The airline's hub is at Hartsfield Atlanta International Airport, the world's busiest airport World's busiest airport is a claim that is fiercely fought over by the owners of the world's largest airports. The definition of "busiest" is debated as well, with claims being staked on the basis of aircraft operations, cargo traffic or total passengers. (by passenger volume), where it is the second largest carrier operating 148 flights a day. AirTran Airways is a subsidiary of AirTran Holdings, Inc. (NYSE:AAI). Unlike other airlines, AirTran Airways never requires a roundtrip purchase or Saturday night stay. The airline offers a Business Class any business can afford, all-assigned seating, a generous frequent flier frequent flier n. One who travels often by air, especially on one airline. fre quent-fli program, and a corporate program called A2B A2B Anti-Two-BlockA2B Administration-to-Broker A2B Administration to Business . For more information and reservations, visit http://www.airtran.com (America Online Keyword: AirTran), call your travel agent or AirTran Airways at 1-800-AIRTRAN (800-247-8726) or 770-994-8258 in Atlanta. En espanol, 1-877-581-9842. Editor's Note: The company's revenue figures are released quarterly. Statements regarding the Company's preliminary traffic data, success of the Company's business model, continuous growth trends, strength of passenger demand and customers' response to our product are forward-looking statements and are not historical facts. Instead, they are estimates or projections involving numerous risks or uncertainties, including but not limited to, consumer demand and acceptance of services offered by the Company, the Company's ability to maintain current cost levels, commodity prices and actions by competitors, regulatory matters and general economic conditions. The Company disclaims any obligation to update or correct any of its forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the company's SEC filings, including but not limited to the company's report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2001. Copies of this filing may be obtained by contacting the Company or the SEC. |
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