AirTran Airways Reports Record 1st Quarter Load Factor; 11 Consecutive Months of Increased Year-Over-Year Traffic.Business Editors ORLANDO Orlando, city, United States Orlando (ôrlăn`dō), city (1990 pop. 164,693), seat of Orange co., central Fla., in a lake region; inc. 1875. In a citrus fruit and farm area, it is one of the world's most visited vacation spots. , Fla.--(BUSINESS WIRE)--April 4, 2000 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 today reported a 70.2 percent load factor for the month of March, up 4.1 points from a year ago. Traffic grew by 8.7 percent versus March 1999, on 2.4 percent more capacity - the eleventh In music or music theory an eleventh is the note eleven scale degrees from the root of a chord and also the interval between the root and the eleventh. Since there are only seven degrees in a diatonic scale the eleventh degree is the same as the subdominant and the interval consecutive month of increased traffic figures for the airline. In addition, traffic grew by 5.5 percent on a 0.2 percent increase in capacity for the first quarter 2000, compared to the same quarter 1999. AirTran Airways reported a 63.9 percent load factor for the first quarter 2000, up 3.2 points from a year ago, and the airline's highest first quarter load factor. "Our continuous year-over-year increase in load factors speaks to our commitment to quality affordable airfare air·fare n. Fare for travel by aircraft. Noun 1. airfare - the fare charged for traveling by airplane fare, transportation - the sum charged for riding in a public conveyance and to the hard work of our employees who make it possible," said Robert Fornaro, AirTran Airways' president and chief financial officer. "The increases in first quarter 2000 are a continuation of the strong growth that began in 1999." AirTran Airways placed its tenth Boeing 717 into service this month and has firm orders for 40 additional aircraft, six of which will be delivered later this year. Systemwide, AirTran Airways operates 280 daily departures to 30 cities. Offering the convenience of easy, same concourse connections in Atlanta, AirTran Airways operates 131 daily departures from 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. . AirTran Airways provides everyday, affordable air travel 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. , and unlike other airlines, never requires a roundtrip round·trip or round-trip also round trip n. A trip from one place to another and back, usually over the same route. purchase or Saturday night stay. AirTran Airways is the launch customer for the Boeing 717, today's newest, most innovative commercial aircraft. AirTran Airways is a subsidiary 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. (Nasdaq: AAIR AAIR Asthma and Allergy Information and Research AAIR Army Accident Investigation and Reporting AAIR Asynchronous Adaptive Incremental Redundancy AAIR AI Language Research Institute ). For more information and reservations, call your travel agent, 800/AIRTRAN (800/247-8726), 770/994-8258 (in Atlanta), or visit the AirTran Airways' website at www.airtran.com.
AIRTRAN AIRWAYS' MARCH 2000 TRAFFIC
(Preliminary)
March 2000 March 1999 Change
---------- ---------- ------
Available Seat Miles (000) 485,486 474,305 +2.4%
Revenue Passenger Miles (000) 340,944 313,632 +8.7%
Load Factor 70.2% 66.1% +4.1 points
Passengers Enplaned 634,507 581,318 +9.1%
Y-T-D 2000 Y-T-D 1999 Change
---------- ---------- ------
Available Seat Miles (000) 1,338,052 1,335,911 +0.2%
Revenue Passenger Miles (000) 855,396 811,090 +5.5%
Load Factor 63.9% 60.7% +3.2 points
Passengers Enplaned 1,591,383 1,499,586 +6.1%
Note: Statements regarding the Company's preliminary traffic data, future profitability and revenue are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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, fare levels 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, 1999. Copies of this filing may be obtained by contacting the Company or the SEC. |
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