AirTran Reports June 1999 Traffic; Load Factor Increases 6.7 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)--July 6, 1999-- 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 AAIR Asthma and Allergy Information and Research AAIR Army Accident Investigation and Reporting AAIR Asynchronous Adaptive Incremental Redundancy AAIR AI Language Research Institute ), Tuesday Tuesday: see week. reported a 69.6 percent load factor (percent of seats filled by paying passengers) for the month of June June: see month. , up 6.7 points from a year ago. Traffic grew by 4.7 percent versus June 1998, on 5.4 percent less capacity. AirTran's second quarter 1999 load factor was 67.3 percent, an increase of 4.0 points from the same quarter a year ago. Year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. , traffic has grown by 7.0 percent on a 1.4 percent increase in capacity. "We continue to be pleased by the customer response to our new marketing initiatives and product offerings," said Robert Fornaro, AirTran's president. "The traffic outlook as we move into the summer is also strong." Offering the convenience of easy, same concourse connections in Atlanta Hartsfield International Airport, systemwide, AirTran operates over 280 daily departures to 31 cities. AirTran operates over 135 daily departures from Atlanta, 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. ," as designated by Airports Council International. 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 is scheduled to commence in September. AirTran is a subsidiary of AirTran Holdings 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
JUNE 1999
June 1999 June 1998 Change
--------- --------- ------
Available Seat Miles (000) 459,034 485,052 -5.4%
Revenue Passenger Miles (000) 319,285 304,935 4.7%
Load Factor 69.6% 62.9% 6.7 points
Passengers Enplaned 597,882 480,447 24.4%
Qtr 2 1999 Qtr 2 1998 Change
---------- ---------- ------
Available Seat Miles (000) 1,400,350 1,471,604 -4.8%
Revenue Passenger Miles (000) 942,104 931,711 1.1%
Load Factor 67.3% 63.3% 4.0 points
Passengers Enplaned 1,763,275 1,504,175 17.2%
Y-T-D 1999 Y-T-D 1998 Change
---------- ---------- ------
Available Seat Miles (000) 2,736,261 2,697,552 1.4%
Revenue Passenger Miles (000) 1,753,194 1,638,295 7.0%
Load Factor 64.1% 60.7% 3.4 points
Passengers Enplaned 3,262,861 2,628,830 24.1%
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 Dec. 31, 1998. Copies of this filing may be obtained by contacting the company or the SEC. |
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