AirTran sets Q1 traffic records

[RIDETHELIGHTING]

http://atlanta.bizjournals.com/atlanta/stories/2008/03/31/daily43.html?ana=yfcpc

AirTran's March traffic jumped 15.8 percent to 1.7 billion revenue passenger miles based on a 12.9 percent increase in available seat miles (capacity).
It also carried 8 percent more passengers last month with 2,198,395.
For the first quarter, traffic rose 19.2 percent to 4.3 billion revenue passenger miles on a 10.8 percent hike in capacity. The number of first-quarter passengers was up 12.6 percent to 5,718,319.
"AirTran Airways is proud to set new first-quarter records for passengers, traffic and capacity, and the credit goes to our crew members, who go above and beyond on a daily basis to provide our customers with the highest quality service," said Kevin Healy, senior vice president of marketing and planning for AirTran Airways. "It is a tribute to their performance, particularly given the challenges this industry has faced, including the record cost of fuel."
AirTran Airways is a subsidiary of Orlando, Fla.-based AirTran Holdings Inc. (NYSE: AAI). The low fare carrier offers more than 700 flights to 58 destinations in the United States.

 

[Yuppyguppy]

since your performance is so great where is your new contract?

 

[PBRstreetgang]

Yeah,
But how many O2 canisters will they carry? The traveling public would like to know!
PBR

 

[Ex737Driver]

Yeah,
But how many O2 canisters will they carry? The traveling public would like to know!
PBR

Dude, that's just wrong.

 

[RIDETHELIGHTING]

since your performance is so great where is your new contract?

hey yuppy i thought you were not going to read AT threads anymore? just couldn't stay away could you, sorry you didnt get hired.

 

[gt1900]

At fuel prices what they are today, I don't think a 90% load factor would make money. Time to buckel down and try to last for the long haul... Nobody has a business plan for $100+ oil....

 

[Ex737Driver]

http://atlanta.bizjournals.com/atlanta/stories/2008/03/31/daily43.html?ana=yfcpc

AirTran's March traffic jumped 15.8 percent to 1.7 billion revenue passenger miles based on a 12.9 percent increase in available seat miles (capacity).
It also carried 8 percent more passengers last month with 2,198,395.
For the first quarter, traffic rose 19.2 percent to 4.3 billion revenue passenger miles on a 10.8 percent hike in capacity. The number of first-quarter passengers was up 12.6 percent to 5,718,319.
"AirTran Airways is proud to set new first-quarter records for passengers, traffic and capacity, and the credit goes to our crew members, who go above and beyond on a daily basis to provide our customers with the highest quality service," said Kevin Healy, senior vice president of marketing and planning for AirTran Airways. "It is a tribute to their performance, particularly given the challenges this industry has faced, including the record cost of fuel."
AirTran Airways is a subsidiary of Orlando, Fla.-based AirTran Holdings Inc. (NYSE: AAI). The low fare carrier offers more than 700 flights to 58 destinations in the United States.

Doesn't matter if the plane is 100% or 50% full if you are not charging enough for the ticket.

 

[Jonny Sacko]

Great news Airtrannies, don't fall for the management crap about lowering pay/work rules. You've got proof black and white. Dig in!! You've got leverage. Ticket price is not the pilots fault!

 

[murano]

Yeah,
But how many O2 canisters will they carry? The traveling public would like to know!
PBR

D-bag!

 

[CitationLover]

At fuel prices what they are today, I don't think a 90% load factor would make money. Time to buckel down and try to last for the long haul... Nobody has a business plan for $100+ oil....

if a legacy airline folds we may see some reregulation. people hate jobs to vanish, especially in an election year. if the fed can justify bear stears' bailout due to economic effect, the airlines are no different.

 

[PCL_128]

At fuel prices what they are today, I don't think a 90% load factor would make money. Time to buckel down and try to last for the long haul... Nobody has a business plan for $100+ oil....

I think we're probably breaking even at these oil prices. Over 40% of our fuel is hedged between $2.80-$2.90/gallon for the first half of the year.

 

[bravodude]

D-bag!

you must have a short memory. I think you forgot all the $RAP that the trany's were talking about SWA's problems. ( although i have to agree that remark was a tad bit wrong)

 

[Jonny Sacko]

if a legacy airline folds we may see some reregulation. people hate jobs to vanish, especially in an election year. if the fed can justify bear stears' bailout due to economic effect, the airlines are no different.

Boy is that an interesting thought, but I wonder if the size matters?? Ya, skybus, ATA, Aloha, but at what size would they open their eyes?? American, I guess obviously, so what's the size?? Scary idea. Probably right on.

 

[gt1900]

PCL.... You obviously haven't seen the company's projected earnings for 08.. $24 million loss for Q1. And a $22 million loss for 08. We "broke even" in Q1 of last year, now we are paying twice as much for fuel. And that doesn't include interest that has to be paid for AAI's debt. Losing $25 million a year probably equates to somewhere around 40-50 million in burned cash... But that really is a wild guess.. Remember, AAI didn't get out of debt with bankruptcy like many of the legacy's did. AAI owes interest on there debt, so they NEED to be making money....................... Citation... For once I actually agree with you. I would lean towards AMR filing ch 11, because they didn't dump there dept in bankruptcy earlier.. But, I think the Legacy's won't start to faulter again until fuel stays at $100+ for a year or more. For once I'm really glad AAI didn't buy MEH, because AAI is going to need all the extra cash they can get for a while. AAI, JB, and especially FRNT could all be hurting in the future because of high debt. My guess would be that FRNT would be the next to go, followed by one of the privately held company's like Spirit or MEH, then AAI or JB.... Unfortunatly, I think VA has enough cash from Branson to last through the long haul. What I do know is that its gonna get ugly...

 

[Tanker Clown]

gt1900,

Branson is a pretty smart guy. How long would he be willing to hemmorage cash? He's closed mainline Virgin stores that lost money. Maybe they're next.

 

[PCL_128]

PCL.... You obviously haven't seen the company's projected earnings for 08.. $24 million loss for Q1. And a $22 million loss for 08.

Oh, I've seen it, I just don't believe it. They're playing the classic expectations game: talk incessantly about how poorly things are going, then when things don't go so bad, the share price makes a big leap on the "unexpected" news. Hundreds of companies do it every quarter. It's just part of the Wall Street game nowadays. I think we'll tread water or lose a few million, but nothing like the $22 million that they're claiming. Time will tell.

 

[gt1900]

Alright.... You maybe right. That is what happend in Q1 of 2007.. But I don't see how AAI can make a profit with the price of fuel what it is. Common sense tells me that...... Especially not in Q1. We will know on the 24th....

 

[PCL_128]

Like I said, I don't think there will be a profit. Probably somewhere between $-9 million and $0. I just don't see a $24 million loss happening.

 

[Yuppyguppy]

Where's your airline career

Dumbazz...lol!!

Hitting close to home aren't I ....so many names so many alias'...Who's laughing now??? Just like in a few good men..."you can't handle the truth"

 

[Britpilot]

Yeah,
But how many O2 canisters will they carry? The traveling public would like to know!
PBR

All you need to know is how moronic you are. Very distasteful and unnecessary.