AirTran Reports 10.5 Percent Increase in March Traffic; Load Factor Increases 3.6 Points.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 6, 1999--For the month of March 1999, AirTran (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 ) recorded a 10.5 percent increase in traffic, to 313,632 million revenue passenger miles Revenue passenger miles (RPMs) is a measure of a passenger traffic for an airline flight, bus, or train calculated by multiplying the total number of revenue-paying passengers aboard the vehicle by the distance traveled measured in miles. (RPMs), on a 4.4 percent increase in capacity. The March 1999 load factor increased 3.6 percentage points from March 1998 to 66.1 percent. AirTran carried a total of 581,318 passengers, a 25.0 percent increase from March 1998. "We are pleased to see the positive effects of our successful initiatives, such as Business Class and assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. seating, reflected in our recent traffic figures," said Joe Leonard For the baseball player, see . Joe Leonard (born August 4, 1932, San Diego, California), is a retired American motorcycle racer and racecar driver. Leonard won the first AMA Grand National Championship Series in 1954 and won it again in 1956 and 1957. , AirTran's chairman and chief executive officer. AirTran operates over 130 daily departures from Atlanta and offers the convenience of easy, same concourse connections in Atlanta Hartsfield International Airport. Systemwide, AirTran operates over 270 daily departures to 31 cities. AirTran 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 Midwest. Unlike other airlines, AirTran 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. Currently operating a fleet of 49 jet aircraft, AirTran is the launch customer for the new Boeing 717-200 with a firm order of 50 aircraft and options for another 50. Delivery of these aircraft commences this fall. AirTran 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). For more information and flight reservations, call your travel agent, 800-AIRTRAN (800/247-8726), 770/994-8258 (in Atlanta), or visit the AirTran website at www.airtran.com. -0-
AIRTRAN
TRAFFIC STATISTICS
MARCH 1999
March 1999 March 1998 Change
---------- ---------- ------
Available Seat Miles (000) 474,305 454,174 +4.4%
Revenue Passenger Miles (000) 313,632 283,920 +10.5%
Load Factor 66.1% 62.5% +3.6 points
Passengers Enplaned 581,318 465,173 +25.0%
Y-T-D 1999 Y-T-D 1998 Change
---------- ---------- ------
Available Seat Miles (000) 1,335,911 1,225,948 +9.0%
Revenue Passenger Miles (000) 811,090 706,584 +14.8%
Load Factor 60.7% 57.6% +3.1 points
Passengers Enplaned 1,499,586 1,248,243 +20.1%
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, 1998. Copies of this filing may be obtained by contacting the Company or the SEC. |
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