AirTran Airways Reports Record April Traffic; Traffic Increases 22.6 Percent; Load Factor is 73%.Business Editors/Travel Writers ORLANDO, Fla.--(BUSINESS WIRE)--May 1, 2003 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 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., (NYSE NYSE See: New York Stock Exchange :AAI AAI American Association of Immunologists. ) today reported its highest April traffic in the company's history. AirTran Airways' traffic, measured by revenue passenger miles (RPMs), increased by 22.6 percent for the month of April 2003 versus the prior year on 18.3 percent more capacity, 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 73.0 percent, compared to 70.5 percent for April 2002. The airline enplaned a record 964,341 passengers in the month of April 2003, a 15.0 percent increase from April 2002.
AIRTRAN AIRWAYS APRIL 2003 TRAFFIC
(Preliminary)
April 2003 April 2002 Change
-------------------------------------
Revenue Passenger Miles (000) 590,816 482,038 22.6%
Available Seat Miles (000) 809,021 684,089 18.3%
Load Factor 73.0% 70.5% 2.5 points
Passengers Enplaned 964,341 838,395 15.0%
Y-T-D 2003 Y-T-D 2002 Change
-------------------------------------
Revenue Passenger Miles (000) 2,158,228 1,675,376 28.8%
Available Seat Miles (000) 3,120,983 2,483,278 25.7%
Load Factor 69.2% 67.5% 1.7 points
Passengers Enplaned 3,524,501 2,964,800 18.9%
AirTran Airways is one of America's largest low-fare airlines -- employing more than 5,000 professional Crew Members and serving 488 flights a day to 43 destinations. 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 188 flights a day. The airline never requires a roundtrip purchase or Saturday night stay, and offers an affordable Business Class, assigned seating, easy online booking and check-in, the A-Plus Rewards frequent flier frequent flier n. One who travels often by air, especially on one airline. fre quent-fli program, and the A2B A2B Anti-Two-BlockA2B Administration-to-Broker A2B Administration to Business corporate travel program. AirTran Airways also is a subsidiary of AirTran Holdings, Inc., (NYSE: AAI), and the world's largest operator of the Boeing 717, the most modern, environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] aircraft in its class. For more information and reservations, visit airtran.com (America Online Keyword: AirTran), call AirTran Airways at 800-AIRTRAN (800-247-8726) or 770-994-8258 (in Atlanta) or your travel agent. Editor's Note: The company issues financial statements 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, 2002. Copies of this filing may be obtained by contacting the Company or the SEC. |
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