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Last updated on May 25, 2012 at 16:52 EDT

Midwest Air Group Reports December Performance

January 11, 2008
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MILWAUKEE, Jan. 11 /PRNewswire-FirstCall/ — Midwest Air Group, Inc. 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/.

Midwest Air Group, Inc.

CONTACT: Media Inquiries, Michael Brophy, +1-414-570-4206,Michael.Brophy@midwestairlines.com, or Analyst|Investor Inquiries, DennisO’Reilly, +1-414-570-3954, Dennis.O’Reilly@midwestairlines.com, both ofMidwest Air Group, Inc.

Web site: http://www.midwestairlines.com/