Frontier Airlines Reports Preliminary Traffic for January 2006

[Paul]

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.

													  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

 

[coolflyingfool]

I know that January is a slow month, but a 16.3% increase in travellers carried is awesome. I really don't see that SWA took away any traffic, but maybe did stimulate traffic. just my thoughts......