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Frontier Airlines Reports Preliminary Traffic for June 2009

Dépèche transmise le 8 juillet 2009 par Business Wire

Frontier Airlines Reports Preliminary Traffic for June 2009

Frontier Airlines Reports Preliminary Traffic for June 2009

DENVER--(BUSINESS WIRE)--Frontier Airlines Holdings, Inc. (OTC Bulletin Board: FRNTQ) today announced preliminary traffic results for June 2009 for both Frontier’s mainline operation and its wholly owned subsidiary, Lynx Aviation.

Mainline Results for June 2009:

  • Revenue passenger miles decreased 13.1 percent to 804,407,000 and capacity (as measured by available seat miles) was down 14.9 percent to 903,816,000 from the same period last year. This resulted in a record load factor of 89.0 percent, an increase of 1.8 points from June 2008.
  • The airline carried 894,991 passengers, a 10.7 percent decrease from the same period last year.
  • The airline’s average length of haul decreased 2.7 percent to 899 miles.

Lynx Aviation Results for June 2009:

  • Revenue passenger miles increased 7.1 percent to 35,660,000 and capacity was up 6.0 percent to 51,692,000. This resulted in a record load factor for June 2009 of 69.0 percent, an increase of 0.7 points over June 2008.
  • Lynx carried 107,284 passengers, a 10.7 percent increase from June 2008.
  • The airline’s average length of haul decreased 3.5 percent to 332 miles.

Frontier estimates that mainline passenger unit revenue decreased year over year by 14 to 16 percent in the month of June 2009.

The following tables represent comparisons for the month of June year-over-year, quarter-to-date and calendar year-to-date traffic results for Frontier’s mainline operations and for Lynx.

Frontier Airlines Mainline Operations

    June 2009   June 2008   Increase/(Decrease)   Percent
Available Seat Miles   903,816,000   1,061,901,000   (158,085,000)   (14.9%)
Revenue Passenger Miles   804,407,000   925,912,000   (121,505,000)   (13.1%)
Load Factor   89.0%   87.2%   1.8 points   NA
Revenue Passengers Carried   894,991   1,002,329   (107,338)   (10.7%)
Average Length of Haul (miles)   899   924   (25)   (2.7%)
                 
   

Fiscal First Quarter
2010

 

Fiscal First Quarter
2009

  Increase/(Decrease)   Percent
Available Seat Miles   2,697,871,000   3,184,290,000   (486,419,000)   (15.3%)
Revenue Passenger Miles   2,252,782,000   2,662,619,000   (409,837,000)   (15.4%)
Load Factor   83.5%   83.6%   (0.1 points)   NA
Revenue Passengers Carried   2,498,496   2,830,282   (331,786)   (11.7%)
Average Length of Haul (miles)   902   941   (39)   (4.1%)
                 
   

Calendar Year-to-
Date 2009

 

Calendar Year-to-
Date 2008

  Increase/(Decrease)   Percent
Available Seat Miles   5,307,468,000   6,298,717,000   (991,249,000)   (15.7%)
Revenue Passenger Miles   4,198,558,000   5,103,402,000   (904,844,000)   (17.7%)
Load Factor   79.1%   81.0%   (1.9 points)   NA
Revenue Passengers Carried   4,657,870   5,307,060   (649,190)   (12.2%)
Average Length of Haul (miles)   901   962   (61)   (6.3%)

Lynx Aviation

    June 2009   June 2008   Increase/(Decrease)   Percent
Available Seat Miles (ASM)   51,692,000   48,745,000   2,947,000   6.0%
Revenue Passenger Miles   35,660,000   33,304,000   2,356,000   7.1%
Load Factor   69.0%   68.3%   0.7 points   NA
Revenue Passengers Carried   107,284   96,947   10,337   10.7%
Average Length of Haul (miles)   332   344   (12)   (3.5%)
                 
   

Fiscal First Quarter
2010

 

Fiscal First Quarter
2009

  Increase/(Decrease)   Percent
Available Seat Miles   148,287,000   132,708,000   15,579,000   11.7%
Revenue Passenger Miles   90,279,000   82,124,000   8,155,000   9.9%
Load Factor   60.9%   61.9%   (1.0 points)   NA
Revenue Passengers Carried   264,923   235,167   29,756   12.7%
Average Length of Haul (miles)   341   349   (8)   (2.3%)
                 
   

Calendar Year-to-
Date 2009

 

Calendar Year-to-
Date 2008

  Increase/(Decrease)   Percent
Available Seat Miles   285,032,000   280,933,000   4,099,000   1.5%
Revenue Passenger Miles   163,740,000   171,679,000   (7,939,000)   (4.6%)
Load Factor   57.5%   61.1%   (3.6 points)   NA
Revenue Passengers Carried   478,582   437,619   40,963   9.4%
Average Length of Haul (miles)   342   392   (50)   (12.8%)

Frontier’s fiscal year begins April 1 and ends March 31.

About Frontier Airlines Holdings, Inc.

Frontier Airlines Holdings, Inc. is the parent company of Denver-based Frontier Airlines. Currently in its 16th year of operations, Frontier Airlines is the second-largest jet service carrier at Denver International Airport, employing approximately 5,000 aviation professionals. Frontier Airlines' mainline operation has 51 aircraft with one of the youngest Airbus fleets in North America. Frontier Airlines' mainline operations offer 24 channels of DIRECTV® service in every seatback along with a comfortable all-coach configuration. In conjunction with a fleet of 10 Bombardier Q400 aircraft operated by Lynx Aviation (a subsidiary of Frontier Airlines Holdings, Inc.), Frontier offers routes to more than 50 destinations in the U.S., Mexico and Costa Rica. For more in-depth information on Frontier Airlines, please visit its Web site at FrontierAirlines.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements contained in this press release that are not historical facts may be forward-looking statements as that item is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could result in actual results differing materially from expected results and represent the Company's expectations and beliefs concerning future events based on information available to the Company as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this press release. Additional information regarding risk factors that may affect future performance at the Company are contained in the Company's SEC filings, including without limitation, the Company's Form 10-K for its fiscal year ended March 31, 2009.

SOURCE: Frontier Airlines Holdings, Inc.

Web site: FrontierAirlines.com

Business Wire

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