EX-99 2 exhibit99.htm PRESS RELEASE DATED APRIL 10, 2006 EXHIBIT 99




 

Exhibit 99

  
  
 

Midwest Air Group, Inc.

 

6744 South Howell Avenue

 

Oak Creek, Wisconsin  53154-1402

 

414-570-4000

 

www.midwestairlines.com

 

Traded: AMEX (MEH)


Media Inquiries: Carol Skornicka, 414-570-3980 (o), 414-303-6516 (c) or Carol.Skornicka@midwestairlines.com

Analyst/Investor Inquiries: Dennis O’Reilly, 414-570-3954 (o) or Dennis.O’Reilly@midwestairlines.com


FOR IMMEDIATE RELEASE

April 10, 2006



MIDWEST AIR GROUP REPORTS MARCH PERFORMANCE


Milwaukee, Wisconsin, April 10, 2006 – Midwest Air Group, Inc. (AMEX: MEH) today reported March performance data for Midwest Airlines and Midwest Connect.


Midwest Air Group, Inc. – Performance Report

   

Three Months Ended

 
 

March

 

March 31,

 
 

2006

2005

% Change

 

2006

2005

% Change

 

Midwest Airlines Operations

          

Origin & Destination Passengers

328,696

266,979

23.1

  

827,674

661,750

25.1

  

Scheduled Service Revenue Passenger Miles (000s)

351,621

282,474

24.5

  

886,035

701,295

26.3

  

Scheduled Service Available Seat Miles (000s)

432,776

361,232

19.8

  

1,225,977

995,302

23.2

  

Total Available Seat Miles (000s)

443,758

370,370

19.8

  

1,254,077

1,016,954

23.3

  

Load Factor (%)

81.2%

78.2%

3.1

pts.

 

72.3%

70.5%

1.8

pts.

 

Revenue Yield (estimate)

$0.1265

$0.1185

6.7

  

$0.1231

$0.1111

10.8

  

Revenue per Schd. Svc. ASM (1) (estimate)

$0.1083

$0.0969

11.8

  

$0.0945

$0.0827

14.3

  

Average Passenger Trip Length (miles)

1,070

1,058

1.1

  

1,071

1,060

1.0

  

Number of Flights

4,584

3,675

24.7

  

12,964

10,107

28.3

  

Into-plane Fuel Cost per Gallon (estimate)

$2.04

$1.73

17.9

  

$2.01

$1.59

26.4

  
           

Midwest Connect Operations

          

Origin & Destination Passengers

72,233

70,468

2.5

  

192,502

186,734

3.1

  

Scheduled Service Revenue Passenger Miles (000s)

21,800

20,295

7.4

  

58,256

54,408

7.1

  

Scheduled Service Available Seat Miles (000s)

32,109

33,398

(3.9)

  

93,890

94,097

(0.2)

  

Total Available Seat Miles (000s)

32,222

33,398

(3.5)

  

94,257

94,343

(0.1)

  

Load Factor (%)

67.9%

60.8%

7.1

pts.

 

62.0%

57.8%

4.2

pts.

 

Revenue Yield (estimate)

$0.3808

$0.3546

7.4

  

$0.3809

$0.3423

11.3

  

Revenue per Schd. Svc. ASM (1) (estimate)

$0.2647

$0.2220

19.3

  

$0.2424

$0.2036

19.0

  

Average Passenger Trip Length (miles)

302

288

4.8

  

303

291

3.9

  

Number of Flights

4,853

5,200

(6.7)

  

14,119

14,662

(3.7)

  

Into-plane Fuel Cost per Gallon (estimate)

$2.09

$1.71

21.8

  

$2.05

$1.63

25.7

  
           

(1)   Passenger, Cargo and Other Transport Related Revenue divided by Scheduled Service ASMs.

Note: All statistics exclude charter operations except 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. Skyway Airlines, Inc. – its wholly owned subsidiary – operates as Midwest Connect, which offers connections to Midwest Airlines as well as point-to-point service between select markets on regional jet and turboprop aircraft. Together, the airlines offer service to 47 cities. More information is available at midwestairlines.com.


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