AirTran Airways Reports January 2002 Traffic.Business Editors/Travel Writers ORLANDO, Fla.--(BUSINESS WIRE)--Feb. 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 January 2002. AirTran Airways' traffic, measured by revenue passenger miles (RPMs), was down 1.3 percent in January 2002, versus the prior year on a 4.2 percent increase in capacity as measured by available seat miles Available seat miles (ASM) is a measure of an airline flight's passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles flown. This measures an airlines capacity for transporting passengers. (ASMs), resulting in a load factor of 62.8 percent - 3.6 points below January 2001. The airline enplaned 637,787 passengers in the month of January 2002. "Although January traffic was impacted by the snowstorm in Atlanta in early January, we are encouraged by the traffic numbers for the month. Additionally, we are pleased with the bookings going forward," said Robert Fornaro, 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 JANUARY 2002 TRAFFIC
(Preliminary)
January 2002 January 2001 Change
------------ ------------ ------
Revenue Passenger
Miles (000) 352,354 356,997 -1.3%
Available Seat
Miles (000) 560,627 537,837 4.2%
Load Factor 62.8% 66.4% -3.6 points
Passengers
Enplaned 637,787 654,779 -2.6%
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 provides affordable air travel with 346 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 146 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 program, and a corporate program called A2B A2B Anti-Two-Block A2B 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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