MILWAUKEE, Dec. 12 /PRNewswire-FirstCall/ — Midwest Air Group, Inc. (AMEX:MEH) today reported November performance data for Midwest Airlines and Midwest Connect.
Midwest Air Group, Inc. – Performance Report
Eleven Months Ended
November November 30,
2007 2006 % Change 2007 2006 % Change
Midwest Air
Group Scheduled
Service Revenue
Passenger
Miles (000s) 380,693 333,438 14.2 4,375,330 3,750,648 16.7
Scheduled Service
Available Seat
Miles (000s) 545,703 450,694 21.1 5,666,318 4,891,223 15.8
Total Available
Seat Miles
(000s) 549,691 454,263 21.0 5,703,662 4,945,304 15.3
Load Factor (%) 69.8% 74.0% (4.2) pts. 77.2% 76.7% 0.5 pts.
Revenue Yield
(estimate) $0.1551 $0.1492 4.0 $0.1420 $0.1444 (1.6)
Passenger
Revenue per
Schd. Svc.
ASM
(estimate) $0.1082 $0.1103 (2.0) $0.1096 $0.1107 (1.0)
Total Revenue
per Total ASM
(estimate) $0.1203 $0.1237 (2.8) $0.1221 $0.1233 (0.9)
Number of
Flights 10,508 8,959 17.3 109,884 101,134 8.7
Into-plane Fuel
Cost per Gallon
(estimate) $2.12 $2.05 3.7 $2.11 $2.17 (2.6)Midwest Airlines
Operations
Origin &
Destination
Passengers 291,161 299,117 (2.7) 3,523,784 3,323,272 6.0
Scheduled
Service
Revenue
Passenger
Miles (000s) 323,889 313,771 3.2 3,916,598 3,511,023 11.6
Scheduled
Service
Available
Seat Miles
(000s) 454,177 420,759 7.9 4,992,017 4,541,239 9.9
Total Available
Seat Miles
(000s) 458,164 424,329 8.0 5,029,360 4,594,953 9.5
Load Factor (%) 71.3% 74.6% (3.3) pts. 78.5% 77.3% 1.2 pts.
Revenue Yield
(estimate) $0.1345 $0.1343 0.1 $0.1247 $0.1286 (3.0)
Passenger
Revenue per
Schd. Svc.
ASM
(estimate) $0.0959 $0.1002 (4.3) $0.0979 $0.0995 (1.6)
Total Revenue
per Total
ASM
(estimate) $0.1112 $0.1154 (3.7) $0.1127 $0.1140 (1.1)
Average
Passenger
Trip Length
(miles) 1,112 1,049 6.0 1,111 1,056 5.2
Number of
Flights 4,428 4,583 (3.4) 50,825 49,502 2.7
Into-plane Fuel
Cost per Gallon
(estimate) $2.09 $2.04 2.4 $2.10 $2.16 (2.8)Midwest Connect
Operations
Origin &
Destination
Passengers 127,886 62,570 104.4 1,164,916 756,982 53.9
Scheduled
Service
Revenue
Passenger
Miles (000s) 56,804 19,667 188.8 458,732 239,625 91.4
Scheduled
Service
Available
Seat Miles
(000s) 91,526 29,935 205.8 674,301 349,984 92.7
Total Available
Seat Miles
(000s) 91,526 29,935 205.8 674,301 350,351 92.5
Load Factor (%) 62.1% 65.7% (3.6) pts. 68.0% 68.5% (0.5) pts.
Revenue Yield
(estimate) $0.2725 $0.3859 (29.4) $0.2894 $0.3746 (22.8)
Passenger Revenue
per Schd.
Svc. ASM
(estimate) $0.1691 $0.2536 (33.3) $0.1969 $0.2565 (23.3)
Total Revenue
per Total ASM
(estimate) $0.1807 $0.2865 (36.9) $0.2144 $0.2877 (25.5)
Average
Passenger
Trip Length
(miles) 444 314 41.3 394 317 24.4
Number of
Flights 6,080 4,376 38.9 59,059 51,632 14.4
Into-plane
Fuel Cost
per Gallon
(estimate) $2.25 $2.09 7.6 $2.16 $2.21 (2.4)
Note: All statistics exclude charter operations except total available seat miles, total revenue per total available seat miles and into-plane fuel cost. Numbers may not recalculate due to rounding.
This performance report includes operating statistics for the 50-seat regional jet fleet operated by SkyWest Airlines, affecting year-over-year comparisons for Midwest Air Group and Midwest Connect. That service, which launched April 1, 2007, has allowed for the opening of new markets as well as the conversion to Midwest Connect of some flights previously flown by Midwest Airlines.
Readers of Travel+Leisure named Midwest Airlines “Best Domestic Airline” in the magazine’s 2007 World’s Best Awards competition. The airline features jet service throughout the United States, including Milwaukee’s most daily nonstop flights and best schedule to major destinations. Catering to business travelers and discerning leisure travelers, the airline earned its reputation as “The best care in the air” by providing passengers with impeccable service and onboard amenities at competitive fares. Both Skyway Airlines, Inc. — a wholly owned subsidiary of Midwest Airlines — and SkyWest Airlines, Inc. operate as Midwest Connect and offer service to and connections through Midwest Airlines’ hubs. Together, the airlines offer service to more than 50 cities. More information is available at http://www.midwestairlines.com/.
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Source: Midwest Air Group, Inc.
