User avatar
LAXintl
Topic Author
Posts: 20865
Joined: Wed May 24, 2000 12:12 pm

AirTran Reports 3Q Record Performance

Tue Oct 30, 2007 4:19 pm

Good performance reversing a 2006 loss.

Quote:
AirTran Holdings, Inc., Reports Record Performance in Third Quarter
Tuesday October 30

- Revenue, Passenger Count and Load Factor Set All-Time Highs -
- Unit Costs Continue to Decline -

ORLANDO, Fla., Oct. 30 /PRNewswire-FirstCall/ -- AirTran Holdings, Inc., the parent company of AirTran Airways, Inc., today reported third-quarter net income of $10.6 million, or $0.11 per diluted share, compared to a loss of $4.6 million, or $0.05 per diluted share, during the same period last year.

Included in the third-quarter 2007 results is a one-time, net of tax charge of $6.6 million, or $0.07 per diluted share, related to costs associated with the effort to acquire Midwest Air Group. Without this charge, AirTran Airways net income was $17.3 million, or $0.18 per diluted share.

Capacity as measured in available seat miles (ASMs) increased 20.9 percent while traffic measured in revenue passenger miles (RPMs) increased 32.3 percent resulting in an all-time record load factor of 80.1 percent. During the quarter AirTran Airways served a record 6,442,786 passengers, up 25.4 percent from the year-ago period.

Operating income reached a third-quarter record of $38.5 million representing a 6.3 percent operating margin, a 7.1 percentage point improvement over the same period last year.

During the third quarter AirTran Airways' non-fuel unit costs set another all-time record low of 5.92 cents per ASM representing a 2 percent reduction year over year. Total operating unit costs declined 4 percent to 9.49 cents per ASM in the same period.

Full details;
http://biz.yahoo.com/prnews/071030/nytu002a.html?.v=10
From the desert to the sea, to all of Southern California
 
steeler83
Posts: 7392
Joined: Sat Feb 25, 2006 2:06 pm

RE: AirTran Reports 3Q Record Performance

Tue Oct 30, 2007 9:27 pm

Certainly good news for FL. At PIT, they have shown very large increases during this time, and 3 new routes are to be launched in a few months: RSW, TPA, and FLL, each daily.  Smile
Do not bring stranger girt into your room. The stranger girt is dangerous, it will hurt your life.

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos