Midwest Air Group Reports September Performance

MILWAUKEE, Oct. 10 /PRNewswire-FirstCall/ — Midwest Air Group, Inc. (AMEX:MEH) today reported September performance data for Midwest Airlines and Midwest Connect.

              Midwest Air Group, Inc. — Performance Report

Nine Months Ended
September September 30,
2007 2006 %Change 2007 2006 %Change
Midwest Air
Group
Scheduled
Service Revenue
Passenger
Miles(000s) 355,427 296,159 20.0 3,606,417 3,081,873 17.0
Scheduled
Service
Available
Seat
Miles(000s) 513,110 416,498 23.2 4,578,318 4,002,063 14.4
Total
Available
Seat Miles
(000s) 516,697 419,304 23.2 4,607,958 4,049,812 13.8
Load
Factor (%) 69.3% 71.1% (1.8)pts. 78.8% 77.0% 1.8 pts.
Revenue Yield
(estimate) $0.1463 $0.1471 (0.6) $0.1392 $0.1432 (2.8)
Passenger
Revenue
per Schd.
Svc. ASM
(estimate) $0.1013 $0.1046 (3.1) $0.1096 $0.1102 (0.6)
Total
Revenue
per Total
ASM
(estimate) $0.1140 $0.1177 (3.1) $0.1222 $0.1225 (0.3)
Number of
Flights 10,189 8,697 17.2 88,502 82,994 6.6
Into-plane
Fuel Cost per
Gallon
(estimate) $2.10 $2.22 (5.4) $2.11 $2.19 (3.4)

Midwest Airlines
Operations
Origin &
Destination
Passengers 268,249 269,762 (0.6) 2,938,894 2,727,783 7.7
Scheduled
Service
Revenue
Passenger
Miles(000s) 301,889 275,359 9.6 3,265,247 2,884,271 13.2
Scheduled
Service
Available
Seat
Miles(000s) 429,123 385,559 11.3 4,091,797 3,713,988 10.2
Total
Available
Seat Miles
(000s) 432,710 388,366 11.4 4,121,437 3,761,370 9.6
Load
Factor (%) 70.4% 71.4% (1.0)pts. 79.8% 77.7% 2.1 pts.
Revenue Yield
(estimate) $0.1244 $0.1304 (4.6) $0.1230 $0.1275 (3.5)
Passenger
Revenue
per Schd.
Svc. ASM
(estimate) $0.0875 $0.0931 (6.0) $0.0981 $0.0990 (0.9)
Total
Revenue
per Total
ASM
(estimate) $0.1031 $0.1082 (4.7) $0.1128 $0.1132 (0.4)
Average
Passenger
Trip Length
(miles) 1,125 1,021 10.3 1,111 1,057 5.1
Number of
Flights 4,238 4,300 (1.4) 41,951 40,336 4.0
Into-plane Fuel
Cost per
Gallon
(estimate) $2.09 $2.21 (5.6) $2.11 $2.18 (3.3)

Midwest Connect
Operations
Origin &
Destination
Passengers 124,305 64,447 92.9 899,640 625,333 43.9
Scheduled
Service
Revenue
Passenger
Miles (000s) 53,537 20,801 157.4 341,170 197,602 72.7
Scheduled
Service
Available
Seat
Miles (000s) 83,987 30,939 171.5 486,521 288,075 68.9
Total
Available
Seat
Miles (000s) 83,987 30,939 171.5 486,521 288,442 68.7
Load
Factor (%) 63.7% 67.2% (3.5)pts. 70.1% 68.6% 1.5 pts.
Revenue Yield
(estimate) $0.2695 $0.3683 (26.8) $0.2942 $0.3719 (20.9)
Passenger
Revenue
per Schd. Svc.
ASM
(estimate) $0.1718 $0.2476 (30.6) $0.2063 $0.2551 (19.1)
Total
Revenue
per Total
ASM
(estimate) $0.1841 $0.2783 (33.8) $0.2263 $0.2861 (20.9)
Average
Passenger
Trip Length
(miles) 431 323 33.4 379 316 20.0
Number of
Flights 5,951 4,397 35.3 46,551 42,658 9.1
Into-plane
Fuel Cost per
Gallon
(estimate) $2.13 $2.25 (5.3) $2.13 $2.23 (4.6)


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 52 cities. More information is available at http://www.midwestairlines.com/.


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Source: Midwest Air Group, Inc.