AirTran Airways Reports Record March Traffic.Business Editors/Travel Writers ORLANDO, Fla.--(BUSINESS WIRE)--April 1, 2004 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 passenger traffic, 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) and passengers enplaned in the company's history. AirTran Airways' traffic, measured by revenue passenger miles (RPMs), grew by 23.7 percent, to nearly 750 million RPMs, on an increase of 19.7 percent in capacity, based on available seat miles (ASMs). March's load factor, also a record high for the month of March, reached 75.7 percent, compared to 73.3 percent in March 2003. The airline enplaned 1,153,583 passengers in the month of March, a 16.6 percent increase over March 2003, and a record for the month of March, as well as a company record.
AirTran Airways March 2004 Traffic
(Preliminary)
March 2004 March 2003 Change
Revenue Passenger
Miles (000) 749,865 606,117 23.7%
Available Seat Miles (000) 989,927 826,957 19.7%
Load Factor 75.7% 73.3% 2.4 points
Passengers Enplaned 1,153,583 989,104 16.6%
Y-T-D 2004 Y-T-D 2003 Change
Revenue Passenger
Miles (000) 1,918,537 1,567,412 22.4%
Available Seat Miles (000) 2,798,779 2,311,961 21.1%
Load Factor 68.5% 67.8% 0.7 points
Passengers Enplaned 2,977,085 2,560,160 16.3%
AirTran Airways is one of America's largest low-fare airlines - employing more than 5,600 professional Crew Members and operating 531 flights a day to 45 destinations. The airline's hub is at Hartsfield-Jackson Atlanta International Airport Hartsfield-Jackson Atlanta International Airport (IATA: ATL, ICAO: KATL, FAA LID: ATL), known locally as Atlanta Airport, Hartsfield Airport, Hartsfield-Jackson , 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 197 flights per day. AirTran Airways, a subsidiary of AirTran Holdings (NYSE:AAI), is the world's largest operator of the Boeing 717 and has the youngest all-Boeing fleet of any airline. In 2004, the airline will begin taking delivery of new Boeing 737-700s. For reservations or more information, visit http://airtran.com (America Online See AOL. Keyword: AirTran). Editor's note: Statements regarding the Company's operational and financial success, business model, expectation about future success, improved operational performance and our ability to maintain or improve our low costs 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, fare levels and actions by competitors, regulatory matters and general economic conditions. 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 annual 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, 2003. The Company disclaims any obligation or duty to update or correct any of its forward-looking statements. |
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