|
 |
BTS 29-07
Contact: Dave Smallen. Tel.: 202-366-5568
Monday, June 25, 2007
BTS Releases First-Quarter 2007 System Airline Financial Data;
Passenger Airlines Report First Profitable First Quarter Since 2000
A group of 21 selected passenger airlines reported a system operating profit
margin of 2.7 percent in the first quarter of 2007 for the first profitable
January-to-March quarter since the first quarter of 2000, the Bureau of
Transportation Statistics (BTS) of the U.S. Department of Transportation
reported today in a release of preliminary data. The 21-carrier group consists
of the seven largest network, low-cost and regional carriers based on operating
revenue.
BTS, a part of the Research and Innovative Technology Administration, reported
that the profit margin in the January-to-March period was the fourth consecutive
quarter with a profit margin for the group after a loss margin of 1.3 percent in
the first quarter of 2006. The group of regional carriers reported an operating
profit margin of 6.3 percent, the network carrier group reported a 2.5 percent
margin and the low-cost carriers reported a 2.3 percent profit margin (Table 1).
Operating margin measures profit or loss as a percentage of the airline’s total
operating revenue.
This release consists of domestic plus international, or system, financial
reports for the airlines.
The network group’s profit margin of 2.5 percent in the first quarter was a 5.8
percentage point improvement from the -3.3 percent loss margin in the first
quarter of 2006 (Table 1). The seven network carriers reported a combined
operating profit of $559 million in the first quarter for the group’s fourth
consecutive quarterly profit margin. In the first quarter of 2006, the seven
network carriers’ operating loss was $711 million.
The low-cost group’s profit margin of 2.3 percent in the first quarter was a 0.2
percentage point decrease from a 2.5 percent profit margin in the first quarter
of 2006. The seven carriers reported a combined $109 million operating profit in
the first quarter of 2007 (Table 1).
The regional group’s profit margin of 6.3 percent in the fourth quarter was a
3.0 percentage point decrease from the 9.3 percent profit margin in the first
quarter of 2006. The seven regional carriers reported a $149 million operating
profit in the first quarter of 2007 (Table 1).
The top operating profit margins were reported by regional carriers Atlantic
Southeast Airlines, Pinnacle Airlines and American Eagle Airlines (Table 4).
Northwest Airlines reported the top profit margin of the network carriers (Table
2). Low-cost carrier ATA Airlines, regional carrier Mesa Airlines and network
carrier Alaska Airlines reported the largest operating loss margins (Tables
2-4). The only other carriers to report operating loss margins were network
carrier United Airlines and low-cost carriers Frontier Airlines and JetBlue
Airways (Tables 2-3).
America West Airlines and US Airways report financial data separately because
the carriers hold two operating certificates despite the merged business
operations. They will begin filing a merged financial report later this year.
Network carriers operate a significant portion of their flights using at least
one hub where connections are made for flights on a spoke system. Low-cost
carriers are those that the industry recognizes as operating under a low-cost
business model, with fewer infrastructure costs and greater expectations of
productivity. Regional carriers provide service from small cities, using
primarily regional jets to support the network carriers’ hub and spoke systems.
The selected groups consist of the seven carriers in each group with the highest
reported operating revenue in the most recent 12-month period.
The network and low-cost groups reported higher unit revenues in the first
quarter of 2007 compared to the first quarter of 2006 with the network airlines
registering the biggest gains at 0.4 cents per available seat-mile (ASM). The
regional carriers continue to report the highest unit revenues but their fourth
quarter revenue of 14.9 cents per ASM was down 0.5 cents per ASM from the first
quarter of 2006. Network carriers’ unit revenues were 13.5 cents per ASM
followed by the low-cost carrier group at 9.6 cents per ASM (Table 5).
The highest unit revenues were reported by regional carriers Comair, Atlantic
Southeast and American Eagle (Table 8). The lowest unit revenues were reported
by low-cost carriers JetBlue, Spirit Airlines and ATA (Table 7).
The regional carriers reported the highest unit costs in the first quarter at
14.0 cents per ASM. Network carriers’ unit costs were 13.1 cents per ASM
followed by the low-cost carriers at 9.4 cents per ASM. Only the network group
reported lower unit costs in the first quarter of 2007 than in the first quarter
of 2006, reporting a decrease of 0.4 cents per ASM (Table 9).
The carriers with the highest unit costs were network airline US Airways (Table
10) and regional airlines Comair and American Eagle (Table 12). The carriers
with the lowest unit costs were low-cost carriers JetBlue, Southwest Airlines
and Spirit (Table 11).
The regional airlines reported the highest average passenger yield at 20.3 cents
per revenue passenger-mile (RPM). The regional carriers reported lower passenger
yields than in the first quarter of 2006 while the network carriers at 12.5
cents per RPM and the low-cost carriers at 11.9 cents per RPM reported
year-to-year yield gains (Table 13). Passenger revenue yield measures passenger
revenues against total travel by dividing passenger revenues by RPMs.
- more -
The top passenger revenue yields were reported by regional carriers American
Eagle, Comair and Atlantic Southeast (Table 16). The lowest passenger revenue
yields were reported by low-cost carriers JetBlue, Spirit and Frontier (Table
15) and network carrier United (Table 14). US Airways reported the highest
revenue yield of any network carrier (Table 14).
Airline financial data from the first quarter of 2007 and previous quarters are
posted on the BTS website at TranStats, the Intermodal Transportation Database,
http://www.transtats.bts.gov/Fields.asp?Table_ID=295. Data are compiled from
quarterly financial and monthly traffic reports filed with BTS by commercial air
carriers.
Financial and traffic data are preliminary and include data received by BTS as
of June 14. Data are subject to revision. BTS will release second quarter
financial data on Sept. 17.
Table 1: System* Quarterly Operating profit/loss margin (in percent)
Passenger Airlines by Group
Ranked by 1st Quarter 2007 Margin
(Operating Profit/Loss as Percent of Total Operating Revenue)
|
1Q 2007 Rank |
Carrier Group |
1st Quarter 2006 (%) |
2nd Quarter 2006 (%) |
3rd Quarter 2006 (%) |
4th Quarter 2006 (%) |
1st Quarter 2007 (%) |
1st Quarter Operating Profit/Loss $(Millions) |
|
1 |
Regional |
9.3 |
8.1 |
8.9 |
10.0 |
6.3 |
149 |
|
2 |
Network |
-3.3 |
7.5 |
5.4 |
1.7 |
2.5 |
559 |
|
3 |
Low-Cost |
2.5 |
10.8 |
3.3 |
2.7 |
2.3 |
109 |
|
|
21-Carrier Total |
-1.3 |
8.1 |
5.4 |
2.6 |
2.7 |
817 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2
Table 2: System* Quarterly Operating profit/loss margin (in percent)
Network Carriers
Ranked by 1st Quarter 2007 Margin
(Operating Profit/Loss as Percent of Total Operating Revenue)
|
1Q 2007 Rank |
Network Carriers |
1st Quarter 2006 (%) |
2nd Quarter 2006 (%) |
3rd Quarter 2006 (%) |
4th Quarter 2006 (%) |
1st Quarter 2007 (%) |
1st Quarter Operating Profit/Loss $(Millions) |
|
1 |
Northwest |
-0.2 |
9.2 |
11.1 |
3.7 |
7.2 |
205 |
|
2 |
US Airways |
2.4 |
12.6 |
5.9 |
7.4 |
4.4 |
84 |
|
3 |
Delta |
-12.8 |
8.0 |
3.0 |
-0.1 |
3.5 |
147 |
|
4 |
American |
1.0 |
7.0 |
3.8 |
2.3 |
3.4 |
183 |
|
5 |
Continental |
-0.1 |
6.8 |
4.9 |
0.2 |
1.5 |
45 |
|
6 |
United |
-3.8 |
5.1 |
6.6 |
0.3 |
-2.0 |
-89 |
|
7 |
Alaska |
-25.1 |
6.3 |
0.5 |
-0.7 |
-2.7 |
-18 |
|
|
Seven-Carrier Total |
-3.3 |
7.5 |
5.4 |
1.7 |
2.5 |
559 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2
* System = domestic + international
Table 3: System* Quarterly Operating profit/loss margin (in percent)
Low-Cost Carriers
Ranked by 1st Quarter 2007 Margin
(Operating Profit/Loss as Percent of Total Operating Revenue
|
1Q 2007 Rank |
Low-Cost Carriers |
1st Quarter 2006 (%) |
2nd Quarter 2006 (%) |
3rd Quarter 2006 (%) |
4th Quarter 2006 (%) |
1st Quarter 2007 (%) |
1st Quarter Operating Profit/Loss $(Millions) |
|
1 |
Spirit |
-7.3 |
-3.2 |
-20.3 |
-20.1 |
7.0 |
12 |
|
2 |
America West |
9.4 |
5.9 |
-11.2 |
-7.9 |
5.1 |
46 |
|
3 |
Southwest |
4.9 |
16.4 |
11.2 |
7.6 |
3.8 |
84 |
|
4 |
AirTran |
-1.1 |
10.3 |
-0.7 |
0.5 |
2.7 |
14 |
|
5 |
Frontier |
-3.4 |
3.5 |
1.0 |
-6.9 |
-2.1 |
-6 |
|
6 |
JetBlue |
-5.1 |
7.7 |
5.5 |
9.6 |
-2.2 |
-13 |
|
7 |
ATA |
-13.1 |
-0.7 |
2.2 |
-6.6 |
-16.9 |
-27 |
|
|
Seven-Carrier Total |
2.5 |
10.8 |
3.3 |
2.7 |
2.3 |
109 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2
* System = domestic + international
Table 4: System* Quarterly Operating profit/loss margin (in percent)
Regional Carriers
Ranked by 1st Quarter 2007 Margin
(Operating Profit/Loss as Percent of Total Operating Revenue)
|
1Q 2007 Rank |
Regional Carriers |
1st Quarter 2006 (%) |
2nd Quarter 2006 (%) |
3rd Quarter 2006 (%) |
4th Quarter 2006 (%) |
1st Quarter 2007 (%) |
1st Quarter Operating Profit/Loss $(Millions) |
|
1 |
Atlantic Southeast |
13.6 |
13.2 |
12.1 |
13.1 |
12.9 |
42 |
|
2 |
American Eagle |
11.0 |
8.1 |
9.8 |
10.1 |
11.2 |
53 |
|
3 |
Pinnacle |
10.4 |
9.5 |
12.3 |
29.8 |
9.0 |
13 |
|
4 |
Sky West |
9.4 |
10.0 |
9.6 |
7.3 |
7.6 |
37 |
|
5 |
Express Jet |
9.4 |
8.5 |
8.4 |
8.3 |
3.8 |
16 |
|
6 |
Comair |
1.5 |
2.1 |
6.8 |
4.6 |
2.5 |
7 |
|
7 |
Mesa |
8.9 |
4.1 |
3.7 |
4.3 |
-8.2 |
-20 |
|
|
Seven-Carrier Total |
9.3 |
8.1 |
8.9 |
10.0 |
6.3 |
149 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2
* System = domestic + international
Table 5. System* Airline Unit Revenue (Cents Per Mile)
Passenger Airlines by Group
Ranked by 1st Quarter 2007 Unit Revenue
(Operating Revenue Per Available Seat Mile)
|
1Q 2007 Rank |
Carrier Group |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Revenue $(Millions) |
|
1 |
Regional |
15.4 |
15.2 |
15.0 |
15.0 |
14.9 |
2,357 |
|
2 |
Network |
13.1 |
14.4 |
14.1 |
13.5 |
13.5 |
22,536 |
|
3 |
Low-Cost |
9.5 |
10.9 |
10.1 |
9.8 |
9.6 |
4,825 |
|
|
21-Carrier Total |
12.5 |
13.8 |
13.3 |
12.8 |
12.7 |
29,718 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 6. System* Airline Unit Revenue (Cents Per Mile)
Network Carriers
Ranked by 1st Quarter 2007 Unit Revenue
(Operating Revenue Per Available Seat Mile)
|
1Q 2007 Rank |
Network Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Revenue $(Millions) |
|
1 |
US Airways |
15.9 |
18.4 |
16.7 |
16.6 |
16.6 |
1,902 |
|
2 |
Delta |
12.8 |
14.6 |
14.0 |
13.9 |
14.2 |
4,189 |
|
3 |
Continental |
13.2 |
14.6 |
14.1 |
13.6 |
13.6 |
3,145 |
|
4 |
Northwest |
14.1 |
15.2 |
15.3 |
13.9 |
13.5 |
2,863 |
|
5 |
American |
12.5 |
13.4 |
13.1 |
12.8 |
13.0 |
5,402 |
|
6 |
United |
12.9 |
14.1 |
14.0 |
13.0 |
12.7 |
4,374 |
|
7 |
Alaska |
10.7 |
12.2 |
12.4 |
11.0 |
11.6 |
660 |
|
|
Seven-Carrier Total |
13.1 |
14.4 |
14.1 |
13.5 |
13.5 |
22,536 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 7. System* Airline Unit Revenue (Cents Per Mile)
Low-Cost Carriers
Ranked by 1st Quarter 2007 Unit Revenue
(Operating Revenue Per Available Seat Mile)
|
1Q 2007 Rank |
Low-Cost Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Revenue $(Millions) |
|
1 |
America West |
12.3 |
13.5 |
12.6 |
12.6 |
12.7 |
899 |
|
2 |
AirTran |
9.6 |
11.2 |
9.8 |
9.3 |
9.7 |
505 |
|
3 |
Frontier |
10.3 |
11.4 |
11.2 |
10.1 |
9.5 |
282 |
|
4 |
Southwest |
9.1 |
10.7 |
9.8 |
9.5 |
9.3 |
2,198 |
|
5 |
Spirit |
8.8 |
11.1 |
9.7 |
9.1 |
9.0 |
173 |
|
6 |
ATA |
8.9 |
9.9 |
9.7 |
8.6 |
8.5 |
160 |
|
7 |
JetBlue |
7.5 |
8.5 |
8.3 |
8.7 |
8.1 |
608 |
|
|
Seven-Carrier Total |
9.5 |
10.9 |
10.1 |
9.8 |
9.8 |
4,825 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 8. System* Airline Unit Revenue (Cents Per Mile)
Regional Carriers
Ranked by 1st Quarter 2007 Unit Revenue
(Operating Revenue Per Available Seat Mile)
|
1Q 2007 Rank |
Regional Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Revenue $(Millions) |
|
1 |
Comair |
16.7 |
16.7 |
17.2 |
16.9 |
18.1 |
277 |
|
2 |
American Eagle |
17.1 |
16.9 |
17.2 |
16.5 |
17.6 |
480 |
|
3 |
Atlantic Southeast |
15.9 |
15.9 |
14.4 |
16.0 |
17.0 |
330 |
|
4 |
Sky West |
15.9 |
15.7 |
15.5 |
14.9 |
14.3 |
477 |
|
5 |
Express Jet |
13.1 |
12.5 |
12.3 |
12.9 |
13.7 |
411 |
|
6 |
Mesa |
14.0 |
14.7 |
14.9 |
14.3 |
12.9 |
238 |
|
7 |
Pinnacle |
15.4 |
14.8 |
14.2 |
13.9 |
10.0 |
144 |
|
|
Seven-Carrier Total |
15.4 |
15.2 |
15.0 |
15.0 |
14.9 |
2,357 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 9. System* Airline Unit Costs (Cents per Mile)
Passenger Airlines by Group
Ranked by 1st Quarter 2007 Unit Costs
(Operating Expenses per Available Seat Mile in cents)
|
1Q 2007 Rank |
Carrier Group |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Expenses $(Millions) |
|
1 |
Regional |
13.9 |
13.9 |
13.7 |
13.5 |
14.0 |
2,208 |
|
2 |
Network |
13.5 |
13.4 |
13.3 |
13.2 |
13.1 |
21,977 |
|
3 |
Low-Cost |
9.2 |
9.7 |
9.8 |
9.5 |
9.4 |
4,716 |
|
|
21-Carrier Total |
12.7 |
12.7 |
12.6 |
12.5 |
12.4 |
28,901 |
Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 10. System* Airline Unit Costs (Cents per Mile)
Network Carriers
Ranked by 1st Quarter 2007 Unit Costs
(Operating Expenses per Available Seat Mile in cents)
|
1Q 2007 Rank |
Network Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Expenses $(Millions) |
|
1 |
US Airways |
15.6 |
16.1 |
15.7 |
15.4 |
15.9 |
1,818 |
|
2 |
Delta |
14.4 |
13.4 |
13.6 |
13.9 |
13.7 |
4,042 |
|
3 |
Continental |
13.3 |
13.6 |
13.4 |
13.6 |
13.4 |
3,100 |
|
4 |
United |
13.4 |
13.4 |
13.0 |
13.0 |
12.9 |
4,463 |
|
5 |
American |
12.3 |
12.4 |
12.6 |
12.5 |
12.5 |
5,219 |
|
6 |
Northwest |
14.2 |
13.8 |
13.6 |
13.4 |
12.5 |
2,658 |
|
7 |
Alaska |
13.3 |
11.4 |
12.3 |
11.1 |
11.9 |
678 |
|
|
Seven-Carrier Total |
13.5 |
13.4 |
13.3 |
13.2 |
13.1 |
21,977 |
Source: Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 11. System* Airline Unit Costs (Cents per Mile)
Low-Cost Carriers
Ranked by 1st Quarter 2007 Unit Costs
(Operating Expenses per Available Seat Mile in cents)
|
1Q 2007 Rank |
Low-Cost Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Expenses $(Millions) |
|
1 |
America West |
11.1 |
12.7 |
14.1 |
13.6 |
12.1 |
853 |
|
2 |
ATA |
10.0 |
10.0 |
9.5 |
9.1 |
9.9 |
187 |
|
3 |
Frontier |
10.7 |
11.0 |
11.1 |
10.8 |
9.7 |
288 |
|
4 |
AirTran |
9.7 |
10.0 |
9.9 |
9.2 |
9.4 |
491 |
|
5 |
Southwest |
8.7 |
8.9 |
8.7 |
8.8 |
8.9 |
2,114 |
|
6 |
Spirit |
9.5 |
11.5 |
11.7 |
10.9 |
8.3 |
161 |
|
7 |
JetBlue |
7.8 |
7.8 |
7.9 |
7.9 |
8.3 |
621 |
|
|
Seven-Carrier Total |
9.2 |
9.7 |
9.8 |
9.5 |
9.4 |
4,716 |
Source: Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 12. System* Airline Unit Costs (Cents per Mile)
Regional Carriers
Ranked by 1st Quarter 2007 Unit Costs
(Operating Expenses per Available Seat Mile in cents)
|
1Q 2007 Rank |
Regional Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Operating Expenses $(Millions) |
|
1 |
Comair |
16.4 |
16.4 |
16.0 |
16.1 |
17.6 |
270 |
|
2 |
American Eagle |
15.2 |
15.5 |
15.5 |
14.8 |
15.7 |
427 |
|
3 |
Atlantic Southeast |
13.8 |
13.8 |
12.6 |
13.9 |
14.8 |
288 |
|
4 |
Mesa |
12.7 |
14.1 |
14.4 |
13.7 |
13.9 |
258 |
|
5 |
Sky West |
14.4 |
14.1 |
14.0 |
13.8 |
13.2 |
440 |
|
6 |
Express Jet |
11.9 |
11.4 |
11.2 |
11.9 |
13.1 |
395 |
|
7 |
Pinnacle |
13.8 |
13.4 |
12.5 |
9.7 |
9.1 |
131 |
|
|
Seven-Carrier Total |
13.9 |
13.9 |
13.7 |
13.5 |
14.0 |
2,208 |
Source: Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 13. System* Passenger Revenue Yield (Cents per Mile)
Passenger Airlines by Group
Ranked by 1st Quarter 2007 Revenue Yield
(Passenger Revenue per Revenue Passenger Mile in cents)
|
1Q 2007 Rank |
Carrier Group |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Passenger Revenue $(Millions) |
|
1 |
Regional |
20.5 |
18.9 |
19.3 |
19.7 |
20.3 |
2,358 |
|
2 |
Network |
12.1 |
12.7 |
12.6 |
12.3 |
12.5 |
16,494 |
|
3 |
Low-Cost |
11.6 |
12.3 |
11.9 |
12.1 |
11.9 |
4,300 |
|
|
21-Carrier Total |
12.5 |
13.0 |
12.9 |
12.7 |
12.9 |
23,152 |
Source: Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 14. System* Passenger Revenue Yield (Cents per Mile)
Network Carriers
Ranked by 1st Quarter 2007 Revenue Yield
(Passenger Revenue per Revenue Passenger Mile in cents)
|
1Q 2007 Rank |
Network Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Passenger Revenue $(Millions) |
|
1 |
US Airways |
13.5 |
14.1 |
13.2 |
13.5 |
13.7 |
1,200 |
|
2 |
American |
12.9 |
12.8 |
12.8 |
12.8 |
13.3 |
4,326 |
|
3 |
Alaska |
12.8 |
13.6 |
13.9 |
13.0 |
13.0 |
528 |
|
4 |
Northwest |
11.9 |
12.7 |
13.1 |
12.2 |
12.5 |
2,192 |
|
5 |
Continental |
12.0 |
12.6 |
12.2 |
12.1 |
12.5 |
2,286 |
|
6 |
Delta |
11.2 |
12.5 |
11.9 |
11.8 |
12.2 |
2,804 |
|
7 |
United |
11.5 |
12.0 |
12.3 |
11.6 |
11.4 |
3,158 |
|
|
Seven-Carrier Total |
12.1 |
12.7 |
12.6 |
12.3 |
12.5 |
16,494 |
Source: Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 15. System* Passenger Revenue Yield (Cents per Mile)
Low-Cost Carriers
Ranked by 1st Quarter 2007 Revenue Yield
(Passenger Revenue per Revenue Passenger Mile in cents)
|
1Q 2007 Rank |
Low-Cost Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Passenger Revenue $(Millions) |
|
1 |
AirTran |
13.1 |
13.8 |
12.9 |
12.8 |
13.2 |
479 |
|
2 |
Southwest |
12.4 |
13.0 |
12.4 |
12.7 |
12.7 |
2,042 |
|
3 |
ATA |
13.4 |
13.0 |
13.1 |
12.3 |
12.0 |
156 |
|
4 |
America West |
11.5 |
12.0 |
11.6 |
11.7 |
11.7 |
659 |
|
5 |
Frontier |
11.3 |
11.3 |
11.8 |
11.7 |
11.4 |
239 |
|
6 |
Spirit |
11.0 |
12.2 |
10.9 |
11.1 |
10.8 |
162 |
|
7 |
JetBlue |
8.4 |
9.8 |
9.7 |
10.2 |
9.5 |
563 |
|
|
Seven-Carrier Total |
11.6 |
12.3 |
11.9 |
12.1 |
11.9 |
4,300 |
Source: Bureau of Transportation Statistics; Form 41; Schedule P1.2. T100; T2 Data
* System = domestic + international
Table 16. System* Passenger Revenue Yield (Cents per Mile)
Regional Carriers
Ranked by 1st Quarter 2007 Revenue Yield
(Passenger Revenue per Revenue Passenger Mile in cents)
|
1Q 2007 Rank |
Regional Carriers |
1st Quarter 2006 |
2nd Quarter 2006 |
3rd Quarter 2006 |
4th Quarter 2006 |
1st Quarter 2007 |
1st Quarter Passenger Revenue $(Millions) |
|
1 |
Comair |
23.7 |
21.8 |
22.8 |
22.7 |
26.4 |
277 |
|
2 |
American Eagle |
24.1 |
21.5 |
22.8 |
22.5 |
25.1 |
478 |
|
3 |
Atlantic Southeast |
20.3 |
19.9 |
19.0 |
21.6 |
22.7 |
328 |
|
4 |
Sky West |
20.0 |
19.0 |
19.0 |
18.9 |
18.5 |
470 |
|
5 |
Mesa |
18.9 |
17.9 |
19.2 |
18.5 |
18.4 |
258 |
|
6 |
Express Jet |
17.4 |
15.3 |
15.7 |
16.7 |
17.9 |
405 |
|
7 |
Pinnacle |
21.1 |
18.2 |
18.5 |
18.4 |
14.0 |
141 |
|
|
Seven-Carrier Total |
20.5 |
18.9 |
19.3 |
19.7 |
20.3 |
2,358 |
Source: Form 41; Schedule P1.2. T100; T2 Data
* System = domestic + international
- end -