AirTran Reports 15 Percent Increase in January Traffic.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)--Feb. 9, 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 ) today announced preliminary traffic figures for January 1999. During the month, AirTran flew 242.4 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), a 15.2 percent increase over the 210.3 million RPMs flown in January 1998. 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) increased 10.3 percent to 434.9 million from the January 1998 level of 394.3 million. The January 1999 load factor increased 2.4 percentage points from January 1998 to 55.7 percent. January 1998 passenger enplanements totaled 447,338, a 33.2 percent increase from January 1998. 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 29 cities. Recipient of Entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. magazine's 1998 award for "Best Domestic Low-Fare Airline," 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 50 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
PRELIMINARY TRAFFIC STATISTICS
JANUARY 1999
January 1999 January 1998 Change
------------ ------------ ------
Available Seat Miles (000) 434,890 394,277 +10.3%
Revenue Passenger Miles (000) 242,366 210,327 +15.2%
Load Factor 55.7% 53.3% +2.4 points
Passengers Enplaned 447,388 335,865 +33.2%
Y-T-D 1999 Y-T-D 1998 Change
---------- ---------- ------
Available Seat Miles (000) 434,890 394,277 +10.3%
Revenue Passenger Miles (000) 242,366 210,327 +15.2%
Load Factor 55.7% 53.3% +2.4 points
Passengers Enplaned 447,388 335,865 +33.2%
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. |
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