Source: PR Newswire
Frontier Airlines (Nasdaq: FRNT) today announced preliminary traffic results for March 2006. Revenue passenger miles increased 14.5 percent to 736,783,000 for March 2006 from the same period last year. Available seat miles increased 11.9 percent to 906,194,000 for March 2006 from the same period last year. This resulted in a load factor for March 2006 of 81.3 percent, an increase of 1.9 points from March 2005, when the airline reported a load factor of 79.4 percent. The airline carried 771,587 passengers during March 2006, an 18.1 percent increase from March 2005. The airline reported passenger yield of 11.09 cents for the month of March 2006, a decrease of 3.1 percent from the same period last year. Its passenger revenue per available seat mile was 9.02 cents, down .07 or 0.8 percent from March 2005. For the month of March 2006, the airline's average length of haul decreased 3.0 percent to 955 miles as compared to the same period last year.
The following table represents comparisons for the month of March, quarter ended and fiscal year ended March 31, 2006, year-over-year traffic results.
Frontier Airlines (Nasdaq: FRNT) today announced preliminary traffic results for March 2006. Revenue passenger miles increased 14.5 percent to 736,783,000 for March 2006 from the same period last year. Available seat miles increased 11.9 percent to 906,194,000 for March 2006 from the same period last year. This resulted in a load factor for March 2006 of 81.3 percent, an increase of 1.9 points from March 2005, when the airline reported a load factor of 79.4 percent. The airline carried 771,587 passengers during March 2006, an 18.1 percent increase from March 2005. The airline reported passenger yield of 11.09 cents for the month of March 2006, a decrease of 3.1 percent from the same period last year. Its passenger revenue per available seat mile was 9.02 cents, down .07 or 0.8 percent from March 2005. For the month of March 2006, the airline's average length of haul decreased 3.0 percent to 955 miles as compared to the same period last year.
The following table represents comparisons for the month of March, quarter ended and fiscal year ended March 31, 2006, year-over-year traffic results.
Code:
Increase/
March 2006 March 2005 (Decrease) Percent
Available
Seat
Miles
(ASM) 906,194,000 810,115,000 96,079,000 11.9%
Revenue
Passenger
Miles 736,783,000 643,621,000 93,162,000 14.5%
Load
Factor 81.3% 79.4% 1.9 points N/A
Revenue
Passengers
Carried 771,587 653,164 118,423 18.1%
**Passenger
Yield
(cents) 11.09 11.44 (.35) (3.1%)
**Passenger
Revenue
Per ASM
(cents) 9.02 9.09 (.07) (0.8%)
Average
Length
of Haul 955 985 (30) (3.0%)
Three Months Three Months Increase/
Ended 3/31/06 Ended 3/31/05 (Decrease) Percent
Available
Seat
Miles 2,559,519,000 2,252,957,000 306,562,000 13.6%
Revenue
Passenger
Miles 1,881,737,000 1,659,174,000 222,563,000 13.4%
Load
Factor 73.5% 73.6% (.1 points) N/A
Revenue
Passengers
Carried 1,979,887 1,675,472 304,415 18.2%
**Passenger
Yield
(cents) 10.73 10.68 .05 0.5%
**Passenger
Revenue
Per ASM
(cents) 7.89 7.87 .02 0.3%
Average
Length
of Haul 950 990 (40) (4.0%)
Fiscal Fiscal
Year-Ended Year-Ended Increase/
3/31/06 3/31/05 (Decrease) Percent
Available
Seat
Miles 9,885,599,000 9,115,868,000 769,731,000 8.4%
Revenue
Passenger
Miles 7,436,830,000 6,587,589,000 849,241,000 12.9%
Load
Factor 75.2% 72.3% 2.9 points N/A
Revenue
Passengers
Carried 7,763,835 6,653,341 1,110,494 16.7%
**Passenger
Yield
(cents) 10.76 10.33 .43 4.2%
**Passenger
Revenue
Per ASM
(cents) 8.09 7.47 .62 8.3%
Average
Length
of Haul 958 990 (32) (3.2%)