Frontier Airlines (Nasdaq: FRNT) today announced preliminary traffic results for January 2006. Revenue passenger miles increased 10.6 percent to 575,024,000 for January 2006 from the same period last year. Available seat miles increased 13.1 percent to 870,032,000 for January 2006 from the same period last year. This resulted in a load factor for January 2006 of 66.1 percent, a decrease of 1.5 points from January 2005, when the airline reported a load factor of 67.6 percent. The airline carried 603,649 passengers during January 2006, a 16.3 percent increase from January 2005. The airline reported passenger yield of 10.64 cents for the month of January 2006, an increase of 4.8 percent from the same period last year. Its passenger revenue per available seat mile was 7.03 cents, up .17 or 2.5 percent from January 2005. For the month of January 2006, the airline's average length of haul decreased 4.8 percent to 953 miles as compared to the same period last year.
The following table represents comparisons for the month of January year-over-year, and fiscal 2006 year-to-date, year-over-year traffic results.
PR Newswire
The following table represents comparisons for the month of January year-over-year, and fiscal 2006 year-to-date, year-over-year traffic results.
Code:
Increase/
January 2006 January 2005 (Decrease) Percent
Available Seat
Miles (ASM) 870,032,000 769,052,000 100,980,000 13.1%
Revenue Passenger
Miles 575,024,000 519,860,000 55,164,000 10.6%
Load Factor 66.1% 67.6% (1.5) points N/A
Revenue Passengers
Carried 603,649 519,237 84,412 16.3%
**Passenger
Yield (cents) 10.64 10.15 .49 4.8%
**Passenger Revenue
Per ASM (cents) 7.03 6.86 .17 2.5%
Average Length
of Haul 953 1,001 (48) (4.8%)
Fiscal Year-to- Fiscal Year-to- Increase/
Date 2006 Date 2005 (Decrease) Percent
Available
Seat Miles 8,196,112,000 7,631,963,000 564,149,000 7.4%
Revenue
Passenger Miles 6,130,117,000 5,448,275,000 681,842,000 12.5%
Load Factor 74.8% 71.4% 3.4 points N/A
Revenue
Passengers
Carried 6,387,597 5,497,106 890,491 16.2%
**Passenger
Yield (cents) 10.76 10.21 .55 5.4%
**Passenger
Revenue Per
ASM (cents) 8.04 7.29 .75 10.3%
Average Length
of Haul 960 991 (31) (3.1%)
Frontier's fiscal year begins April 1 and ends March 31.
PR Newswire