CHEYENNE, Wyo., Aug. 7 /PRNewswire-FirstCall/ -- Great Lakes Aviation, Ltd. (BULLETIN BOARD: GLUX) today announced preliminary passenger traffic results for the month of July 2008.
Scheduled service generated 14,007,000 revenue passenger miles (RPM's), a 6.0 percent decrease from the same month last year. Available seat miles (ASM's) increased 11.8 percent to 32,272,000. As a result, load factor decreased 8.2 points to 43.40 percent. Passengers carried decreased 3.7 percent to 52,639 when compared to July 2007. Preliminary revenue per available seat mile (RASM) increased 3.1 percent from 30.97 cents to 31.94 cents.
For the seven months ending July 31, 2008 compared to the same seven month period in 2007, revenue passenger miles (RPM's) increased 2.2 percent to 90,516,000 and available seat miles (ASM's) increased 11.4 percent to 200,260,000, resulting in a load factor of 45.20 percent for the year 2008 effecting a decrease in load factor of 4.1 points compared to the same seven month period in 2007. The company carried 336,837 revenue passengers for the seven month period ending July 31, 2008, a 3.4 percent increase from the prior year. Preliminary revenue per available seat mile (RASM) increased 6.0 percent from 29.49 cents to 31.27 cents on a year-over-year basis.
JULY 2008 AND YEAR TO DATE STATISTICS July-08 July-07 Change Passengers Enplaned 52,639 54,654 (3.7)% Revenue Passenger Miles (000) 14,007 14,900 (6.0)% Available Seat Miles (000) 32,272 28,863 11.8% Load Factor 43.40% 51.62% (8.2) pts RASM (cents) 31.94 30.97 3.1% YTD 2008 YTD 2007 Change Passengers Enplaned 336,837 325,622 3.4% Revenue Passenger Miles (000) 90,516 88,509 2.2% Available Seat Miles (000) 200,260 179,689 11.4% Load Factor 45.20% 49.26% (4.1) pts RASM (cents) 31.27 29.49 6.0%
Great Lakes is providing scheduled passenger service at 50 airports in fourteen states with a fleet of Embraer EMB-120 Brasilias and Raytheon/Beech 1900D regional airliners. A current route map may be viewed at http://www.flygreatlakes.com/route_map/route_map.htm.
All scheduled flights are operated under the Great Lakes Airlines marketing identity in conjunction with code-share agreements with United Airlines and Frontier Airlines at our Denver, Phoenix and Kansas City hubs. The company also operates hubs in Albuquerque, Milwaukee and St. Louis.
Additional information about Great Lakes Airlines is available at http://www.flygreatlakes.com/.
Contact: Michael Matthews, VP Finance/CFO
(307) 432-7000
