AirTran Airways Reports October 2001 Traffic Results.Business Editors/Travel & Airline Writers ORLANDO, Fla.--(BUSINESS WIRE)--Nov. 2, 2001 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 , a unit of 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 October 2001. Revenue Passenger Miles (RPMs) were 294,823,000, an 18.6 percent decrease from October 2000 while 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) were 492,107,000, a 5.4 percent decrease from October 2000. Load factor was 59.9 percent in October 2001 compared to 69.6 percent in October 2000. "We are encouraged by recent booking trends. Passenger traffic is building towards more normal levels," 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. . "Response to our recent fare promotions has been extremely strong and indicates renewed consumer confidence in air travel and high demand for quality low-fare airline service," stated Fornaro. AirTran Airways served 541,637 passengers in October, an 18.4 decrease from October 2000. For the first ten months of 2001, AirTran Airways served 6,990,971 passengers - an 11.9 percent increase over the same period of 2000.
AIRTRAN AIRWAYS OCTOBER 2001 TRAFFIC
(Preliminary)
October 2001 October 2000 Change
------------ ------------ ------
Revenue Passenger Miles (000) 294,823 362,364 -18.6%
Available Seat Miles (000) 492,107 520,340 -5.4%
Load Factor 59.9% 69.6% -9.7 points
Passengers Enplaned 541,637 663,839 -18.4%
Y-T-D 2001 Y-T-D 2000 Change
---------- ---------- ------
Revenue Passenger Miles (000) 3,784,553 3,395,326 11.5%
Available Seat Miles (000) 5,436,515 4,836,844 12.4%
Load Factor 69.6% 70.2% -0.6 points
Passengers Enplaned 6,990,971 6,246,967 11.9%
AirTran Airways provides affordable air travel to 34 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 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. , Hartsfield Atlanta International Airport, where it is the second largest carrier. 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. Editor's Note: The company's revenue figures are released quarterly. Statements regarding the Company's preliminary traffic data 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, 2000. Copies of this filing may be obtained by contacting the Company or the SEC. |
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