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FLYi reports November load factor moves up to 65.6%

FLYi reports November load factor moves up to 65.6%

 
Old Dec 1, 05, 3:48 pm
  #1  
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FLYi reports November load factor moves up to 65.6%

DULLES, Va., Dec. 1 /PRNewswire-FirstCall/ -- FLYi, Inc. (Nasdaq: FLYIQ)
reported preliminary November 2005 passenger traffic results today for low-
fare airline Independence Air. The airline generated 163.1 million revenue
passenger miles (RPMs), while available seat miles (ASMs) were 248.5 million.
For the month, 297,349 passengers were carried. Independence Air load factor for November was at 65.6 percent, compared to 52.0 percent in November 2004.

For the eleven months ended November 30, 2005, RPMs were at 2.8 billion,
while ASMs were 4.1 billion. The company carried 5,007,202 passengers during
the first eleven months of 2005.

Last edited by jaguar; Dec 1, 05 at 3:49 pm Reason: additional info
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Old Dec 2, 05, 3:02 pm
  #2  
 
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Well, that's a nice improvement. Of course, it's on a huge decrease in ASMs. And I would wager their break-even load factor is still somewhere near 100% (it was 103 or 104 when last reported, wasn't it?)
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