AirTran Reports September 1999 Traffic Load Factor Up 4.1 Points From Same Quarter Last Year.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)--Oct. 4, 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 ), today reported a 53.8 percent load factor for the month of September, up 0.1 point from a year ago. Traffic grew by 2.6 percent versus September 1998, on 2.4 percent more capacity. AirTran's third quarter 1999 load factor was 64.0 percent, an increase of 4.1 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 5.5 percent on a 0.5 percent decline in capacity. "While we are pleased with our traffic growth for the quarter as a whole, Hurricane Floyd This article is about the 1999 hurricane. For other storms of the same name, see Tropical Storm Floyd (disambiguation). Hurricane Floyd was the sixth named storm, fourth hurricane, and third major hurricane in the 1999 Atlantic hurricane season. had a negative effect on our September traffic levels," said Robert Fornaro, AirTran's president. Severe weather had significant impact on the company's operations, resulting in the cancellation of approximately 16 percent of scheduled flights scheduled flight schedule n → vol régulier scheduled flight schedule n → Linienflug m for the period between September 14 through 16, 1999. Offering the convenience of easy, same concourse connections in Atlanta, systemwide, AirTran operates over 260 daily departures to 30 cities. AirTran operates over 130 daily departures from Atlanta Hartsfield, 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 48 jet aircraft, AirTran is the launch customer for the new Boeing 717, the newest, most innovative commercial aircraft to date. AirTran is a subsidiary of AirTran Holdings, Inc. (Nasdaq:AAIR) For more information and 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
SEPTEMBER 1999
September September Change
1999 1998
__________ __________ _______
Available
Seat Miles (000) 423,077 413,148 2.4%
Revenue
Passenger Miles (000) 227,546 221,732 2.6%
Load Factor 53.8% 53.7% 0.1 pts.
Passengers Enplaned 424,526 409,126 3.8%
Qtr 3 1999 Qtr 3 1998 Change
__________ __________ ______
Available
Seat Miles (000) 1,351,894 1,407,496 -4.0%
Revenue
Passenger Miles (000) 865,395 842,581 2.7%
Load Factor 64.0% 59.9% 4.1 pts.
Passengers Enplaned 1,598,238 1,416,865 12.8%
Y-T-D 1999 Y-T-D 1998 Change
__________ __________ ______
Available
Seat Miles (000) 4,086,445 4,105,048 -0.5%
Revenue
Passenger Miles (000) 2,618,142 2,480,876 5.5%
Load Factor 64.1% 60.4% 3.7 pts.
Passengers Enplaned 4,861,099 4,045,695 20.2%
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. 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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