Midwest Air Group, Inc. (Amex: MEH) today reported February performance data for Midwest Airlines and Midwest Connect.
PR Newswire
Code:
Midwest Air Group, Inc. -- Performance Report
Two Months Ended
February February 28
2006 2005 % Change 2006 2005 % Change
Midwest Airlines
Operations
Origin &
Destination
Passengers 252,206 204,593 23.3 498,978 394,771 26.4
Scheduled Service
Revenue Passenger
Miles (000s) 271,357 217,081 25.0 534,415 418,821 27.6
Scheduled Service
Available Seat
Miles (000s) 379,876 314,653 20.7 793,200 634,069 25.1
Total Available
Seat Miles
(000s) 387,027 321,543 20.4 810,319 646,583 25.3
Load Factor (%) 71.4% 69.0% 2.4 pts. 67.4% 66.1% 1.3 pts.
Revenue Yield
(estimate) $0.1212 $0.1048 15.7 $0.1210 $0.1061 14.0
Revenue per Schd.
Svc. ASM (1)
(estimate) $0.0925 $0.0771 20.0 $0.0874 $0.0746 17.1
Average Passenger
Trip Length
(miles) 1,076 1,061 1.4 1,071 1,061 1.0
Number of Flights 4,013 3,170 26.6 8,380 6,432 30.3
Into-plane Fuel
Cost per Gallon
(estimate) $2.00 $1.52 31.5 $2.00 $1.51 32.4
Midwest Connect
Operations
Origin &
Destination
Passengers 59,849 59,624 0.4 120,269 116,266 3.4
Scheduled Service
Revenue Passenger
Miles (000s) 18,140 17,416 4.2 36,456 34,114 6.9
Scheduled Service
Available Seat
Miles (000s) 29,288 29,662 (1.3) 61,781 60,698 1.8
Total Available
Seat Miles
(000s) 29,401 29,706 (1.0) 62,035 60,945 1.8
Load Factor (%) 61.9% 58.7% 3.2 pts. 59.0% 56.2% 2.8 pts.
Revenue Yield
(estimate) $0.3902 $0.3292 18.5 $0.3809 $0.3350 13.7
Revenue per Schd.
Svc. ASM (1)
(estimate) $0.2477 $0.1986 24.7 $0.2307 $0.1936 19.2
Average Passenger
Trip Length
(miles) 303 292 3.8 303 293 3.3
Number of Flights 4,393 4,610 (4.7) 9,266 9,462 (2.1)
Into-plane Fuel
Cost per Gallon
(estimate) $2.03 $1.60 26.9 $2.03 $1.59 28.0
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