Frontier Airlines Reports Increased November Traffic

Frontier Airlines has reported that revenue passenger miles have increased 22.5% to 788.82 million for November 2007 from the same period last year and available seat miles increased 14.1% to 1 billion, from the same period last year.

The company has reported that the load factor for November 2007 increased 5.3 points or 78.1% from November 2006, when the airline reported a load factor of 72.8%. The airline carried 832,269 passengers during November 2007, an 18.2% increase from November 2006. The airline has reported passenger yield of 11.14 cents for the month of November 2007, a decrease of 3% from the same period last year.

The compmay’s passenger revenue per available seat mile was 8.71 cents, up 0.35 cents or 4.2% from November 2006. For the month of November 2007, the airline’s average length of haul increased 3.7% to 948 miles as compared to the same period last year.

Sean Menke, president and CEO of Frontier Airlines, said: “In contrast to encouraging year over year unit revenue improvements for November and October, the cost of jet fuel has climbed 18% since October when we last provided an earnings estimate for the December quarter.”