AirTran Reports 32 Percent Increase in October Traffic; Load Factor Increases 7.4 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)--November 5, 1998--AirTran Holdings, Inc. (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 that its airline subsidiaries flew 253.1 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) in October October: see month. 1998, a 32.0 percent increase over the 191.7 million RPMs flown in October 1997. 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 14.9 percent to 446.5 million from the October 1997 level of 388.6 million. The October 1998 load factor increased 7.4 percentage points from October 1997 to 56.7 percent. October 1998 passenger enplanements totaled 474,765, a 49.9 percent increase from October 1997. AirTran is the second largest airline serving Atlanta, operating 130 daily departures from Atlanta to 29 destinations and over 270 daily departures system wide. Additionally, AirTran offers the convenience of easy, same concourse connections in Atlanta. AirTran, 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," 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 next summer. 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 HOLDINGS, INC.
CONSOLIDATED TRAFFIC STATISTICS
OCTOBER 1998
October October Change
1998(a) 1997(a)
Available Seat Miles (000) 446,506 388,635 +14.9%
Revenue Passenger Miles (000) 253,062 191,694 +32.0%
Load Factor 56.7% 49.3% +7.4 points
Passengers Enplaned 474,765 316,763 +49.9%
Y-T-D Y-T-D Change
1998(a) 1997(a)
Available Seat Miles (000) 4,551,554 3,508,328 +29.7%
Revenue Passenger Miles (000) 2,735,352 2,007,464 +36.3%
Load Factor 60.1% 57.2% +2.9 points
Passengers Enplaned 4,510,223 3,430,157 +17.6%
(a) The numbers reflect AirTran Holdings, Inc., which includes
AirTran Airlines and AirTran Airways.
Statements regarding the Company's future profitability, traffic 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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