AirTran Airways Reports Record October Traffic.Business Editors/Travel Writers ORLANDO, Fla.--(BUSINESS WIRE)--Nov. 3, 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 that passenger traffic, or revenue passenger miles (RPMs), 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, all represent record highs for the month of October. Based on RPMs, traffic grew by 33.6 percent, to 616.9 million RPMs, on an increase of 21.0 percent in capacity, based on available seat miles (ASMs). October also set an all-time record for ASMs in a month with nearly 893 million. October's load factor reached 69.1 percent, compared to 62.6 percent in October 2002. The airline also enplaned 1,005,194 passengers in the month of October, a 25.4 percent increase over October 2002, and a record for the month of October.
AIRTRAN AIRWAYS OCTOBER 2003 TRAFFIC
(Preliminary)
October October
2003 2002 Change
------- ------- ------
Revenue Passenger Miles (000) 616,906 461,764 33.6%
Available Seat Miles (000) 892,967 738,140 21.0%
Load Factor 69.1% 62.6% 6.5 points
Passengers Enplaned 1,005,194 801,555 25.4%
Y-T-D 2003 Y-T-D 2002 Change
---------- ---------- ------
Revenue Passenger Miles (000) 5,886,101 4,573,411 28.7%
Available Seat Miles (000) 8,254,404 6,774,901 21.8%
Load Factor 71.3% 67.5% 3.8 points
Passengers Enplaned 9,648,423 7,946,141 21.4%
AirTran Airways is one of America's largest low-fare airlines - employing more than 5,600 professional Crew Members and operating 508 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 188 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://www.airtran.com (America Online See AOL. Keyword: AirTran). Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : 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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