Ty Webb
Hostage to Fortune
- Joined
- Dec 10, 2001
- Posts
- 6,524
30% growth for the year, Revenue up 15% or more, and fuel hedging in place. Read it and weep, UpperChuck
:
On Wednesday June 14, 2006, the registrant's management conducted a presentation at the Merril Lynch Global Transportation Conference during which management provided an update to its estimated revised revenue per available seat mile or RASM guidance for the second quarter 2006 as well as updates to its outlook on second quarter 2006 fuel prices and non-fuel unit costs.
The Company announced that it expects the year over year change in second quarter 2006 RASM to now be between 15 percent and 16 percent higher year over year.
The Company expects absolute revenue growth in excess of thirty percent year over year for the full year 2006.
The Company has entered into advanced fuel purchase agreements to reduce our exposure to fluctuations in fuel price. As of June 15th, our advanced fuel purchase agreements that would impact our fuel prices vs. spot market pricing were as follows:
Gallons/(est. %) Price Range Second Quarter 2006 18.9 million (24%) $2.00-2.05/gallon Third Quarter 2006 18.7 million (22%) $2.15-2.20/gallon Fourth Quarter 2006 18.7 million (22%) $2.15-2.20/gallon Full Year 2007 30.2 million (7%) $1.80-1.85/gallon
The Company announced that it expects fuel prices for the second quarter 2006 to be between a range of $2.25-$2.30 net of hedges. The Company announced that it expects its non-fuel unit cost (CASM ex-fuel) for the second quarter to be up year over year, but lower than previous guidance of up 2-3%. The company expects its non-fuel unit cost for the full year to be down.
:On Wednesday June 14, 2006, the registrant's management conducted a presentation at the Merril Lynch Global Transportation Conference during which management provided an update to its estimated revised revenue per available seat mile or RASM guidance for the second quarter 2006 as well as updates to its outlook on second quarter 2006 fuel prices and non-fuel unit costs.
The Company announced that it expects the year over year change in second quarter 2006 RASM to now be between 15 percent and 16 percent higher year over year.
The Company expects absolute revenue growth in excess of thirty percent year over year for the full year 2006.
The Company has entered into advanced fuel purchase agreements to reduce our exposure to fluctuations in fuel price. As of June 15th, our advanced fuel purchase agreements that would impact our fuel prices vs. spot market pricing were as follows:
Gallons/(est. %) Price Range Second Quarter 2006 18.9 million (24%) $2.00-2.05/gallon Third Quarter 2006 18.7 million (22%) $2.15-2.20/gallon Fourth Quarter 2006 18.7 million (22%) $2.15-2.20/gallon Full Year 2007 30.2 million (7%) $1.80-1.85/gallon
The Company announced that it expects fuel prices for the second quarter 2006 to be between a range of $2.25-$2.30 net of hedges. The Company announced that it expects its non-fuel unit cost (CASM ex-fuel) for the second quarter to be up year over year, but lower than previous guidance of up 2-3%. The company expects its non-fuel unit cost for the full year to be down.
