Midwest Air Group Reports April Performance

MILWAUKEE, Wis., May 10 /PRNewswire-FirstCall/ — Midwest Air Group, Inc. (AMEX:MEH) today reported April performance data for Midwest Airlines and Midwest Connect. It should be noted that the performance report now 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 launched April 1.


At the group level, an 8.0% increase in traffic outpaced a 5.3% increase in capacity, resulting in a 2.0 percentage point increase in load factor compared with April 2006. Revenue per total available seat mile increased 1.4% in the same time period.

              Midwest Air Group, Inc. — Performance Report

Four Months Ended
April April 30,
2007 2006 % Change 2007 2006 % Change
Midwest Air Group

Scheduled Service
Revenue Passenger
Miles (000s) 403,500 373,594 8.0 1,437,407 1,317,885 9.1
Scheduled Service
Available Seat
Miles (000s) 481,913 457,477 5.3 1,885,458 1,777,344 6.1
Total Available
Seat Miles(000s) 486,277 466,491 4.2 1,902,497 1,814,825 4.8
Load Factor (%) 83.7% 81.7% 2.0 pts. 76.2% 74.1% 2.1 pts.
Revenue Yield
(estimate) $0.1347 $0.1383 (2.6) $0.1386 $0.1388 (0.2)
Passenger Revenue
per Schd. Svc.
ASM (estimate) $0.1128 $0.1129 (0.1) $0.1056 $0.1029 2.6
Total Revenue
per Total ASM
(estimate) $0.1267 $0.1250 1.4 $0.1195 $0.1152 3.8
Number of Flights 9,308 9,221 0.9 36,364 36,304 0.2
Into-plane Fuel
Cost per
Gallon (estimate) $2.13 $2.20 (2.9) $2.09 $2.06 1.5

Midwest Airlines Operations

Origin &
Destination
Passengers 343,286 329,636 4.1 1,238,511 1,157,310 7.0
Scheduled Service
Revenue Passenger
Miles (000s) 375,371 352,165 6.6 1,351,676 1,238,200 9.2
Scheduled Service
Available Seat
Miles (000s) 443,324 426,360 4.0 1,756,822 1,652,336 6.3
Total Available
Seat Miles
(000s) 447,688 435,373 2.8 1,773,860 1,689,451 5.0
Load Factor (%) 84.7% 82.6% 2.1 pts. 76.9% 74.9% 2.0 pts.
Revenue Yield
(estimate) $0.1213 $0.1244 (2.5) $0.1247 $0.1235 1.0
Passenger Revenue
per Schd. Svc.
ASM (estimate) $0.1027 $0.1027 0.0 $0.0959 $0.0925 3.7
Total Revenue
per Total ASM $0.1184 $0.1166 1.6 $0.1115 $0.1067 4.6
(estimate)
Average Passenger
Trip Length
(miles) 1,093 1,068 2.4 1,091 1,070 2.0
Number of Flights 4,616 4,553 1.4 18,720 17,517 6.9
Into-plane Fuel
Cost per Gallon
(estimate) $2.12 $2.19 (3.0) $2.09 $2.06 1.6

Midwest Connect Operations

Origin &
Destination
Passengers 84,180 67,710 24.3 274,254 258,941 5.9
Scheduled Service
Revenue Passenger
Miles (000s) 28,130 21,430 31.3 85,731 79,686 7.6
Scheduled Service
Available Seat
Miles (000s) 38,589 31,117 24.0 128,637 125,008 2.9
Total Available
Seat Miles
(000s) 38,589 31,117 24.0 128,637 125,374 2.6
Load Factor (%) 72.9% 68.9% 4.0 pts. 66.6% 63.7% 2.9 pts.
Revenue Yield
(estimate) $0.3140 $0.3676 (14.6) $0.3569 $0.3773 (5.4)
Passenger Revenue
per Schd. Svc.
ASM (estimate) $0.2289 $0.2531 (9.6) $0.2379 $0.2405 (1.1)
Total Revenue
per Total ASM
(estimate) $0.2576 $0.2865 (10.1) $0.2716 $0.2722 (0.2)
Average Passenger
Trip Length
(miles) 334 316 5.6 313 308 1.6
Number of Flights 4,692 4,668 0.5 17,644 18,787 (6.1)
Into-plane Fuel
Cost per Gallon
(estimate) $2.19 $2.26 (3.1) $2.12 $2.10 1.1

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.


Midwest Airlines 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 51 cities. More information is available at http://www.midwestairlines.com/.


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Source: Midwest Air Group, Inc