Midwest Air Group Reports December Performance

MILWAUKEE, Jan. 11 /PRNewswire-FirstCall/ — Midwest Air Group, Inc. (AMEX:MEH) today reported December performance data for Midwest Airlines and Midwest Connect.

               Midwest Air Group, Inc. – Performance Report

Twelve Months Ended
December December 31,
2007 2006 % Change 2007 2006 % Change

Midwest Air Group

Scheduled
Service
Revenue
Passenger
Miles (000s) 350,082 335,746 4.3 4,725,413 4,086,394 15.6
Scheduled
Service
Available
Seat
Miles (000s) 516,855 471,448 9.6 6,183,174 5,362,671 15.3
Total Available
Seat
Miles (000s) 521,296 475,815 9.6 6,224,958 5,421,119 14.8
Load
Factor (%) 67.7% 71.2% (3.5)pts. 76.4% 76.2% 0.2pts.
Revenue Yield
(estimate) $0.1484 $0.1393 6.5 $0.1425 $0.1440 (1.0)
Passenger Revenue
per Schd. Svc.
ASM (estimate) $0.1005 $0.0992 1.3 $0.1089 $0.1097 (0.7)
Total Revenue
per Total ASM
(estimate) $0.1142 $0.1153 (1.0) $0.1215 $0.1226 (0.9)
Number of
Flights 9,396 8,986 4.6 119,280 110,120 8.3
Into-plane Fuel
Cost per
Gallon
(estimate) $2.09 $2.14 (2.7) $2.11 $2.17 (2.6)

Midwest Airlines Operations

Origin &
Destination
Passengers 266,711 297,776 (10.4) 3,790,495 3,621,048 4.7
Scheduled
Service
Revenue
Passenger
Miles (000s) 300,853 316,088 (4.8) 4,217,451 3,827,111 10.2
Scheduled
Service
Available Seat
Miles (000s) 435,123 441,392 (1.4) 5,427,141 4,982,631 8.9
Total
Available Seat
Miles (000s) 439,564 445,759 (1.4) 5,468,924 5,040,712 8.5
Load Factor (%) 69.1% 71.6% (2.5)pts. 77.7% 76.8% 0.9pts.
Revenue Yield
(estimate) $0.1314 $0.1270 3.5 $0.1252 $0.1285 (2.6)
Passenger
Revenue
per Schd.
Svc. ASM
(estimate) $0.0909 $0.0909 (0.1) $0.0973 $0.0987 (1.4)
Total
Revenue per
Total ASM
(estimate) $0.1076 $0.1087 (0.9) $0.1123 $0.1135 (1.1)
Average
Passenger Trip
Length (miles) 1,128 1,061 6.3 1,113 1,057 5.3
Number of
Flights 4,185 4,711 (11.2) 55,010 54,213 1.5
Into-plane Fuel
Cost per Gallon
(estimate) $2.08 $2.14 (2.9) $2.10 $2.16 (2.8)

Midwest Connect Operations

Origin &
Destination
Passengers 117,579 62,964 86.7 1,282,495 819,946 56.4
Scheduled Service
Revenue Passenger
Miles (000s) 49,230 19,658 150.4 507,962 259,283 95.9
Scheduled Service
Available Seat
Miles (000s) 81,732 30,057 171.9 756,033 380,040 98.9
Total
Available Seat
Miles (000s) 81,732 30,057 171.9 756,033 380,407 98.7
Load
Factor (%) 60.2% 65.4% (5.2)pts. 67.2% 68.2% (1.0)pts.
Revenue Yield
(estimate) $0.2523 $0.3383 (25.4) $0.2858 $0.3719 (23.2)
Passenger Revenue
per Schd. Svc.
ASM (estimate) $0.1520 $0.2213 (31.3) $0.1920 $0.2537 (24.3)
Total Revenue
per Total
ASM (estimate) $0.1644 $0.2550 (35.5) $0.2090 $0.2851 (26.7)
Average
Passenger Trip
Length (miles) 419 312 34.1 396 316 25.3
Number of
Flights 5,211 4,275 21.9 64,270 55,907 15.0
Into-plane Fuel
Cost per Gallon
(estimate) $2.10 $2.15 (2.5) $2.15 $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.