Figure 1 - Quarterly Breakeven Load Factor (Selected Airlines 2000 to 2003 Q1)

Figure 1 - Quarterly Breakeven Load Factor (Selected Airlines 2000 to 2003 Q1)

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Date Recently Bankrupt At Risk Profitable
2000_1 77.70 74.76 61.31
2000_2 78.04 74.77 60.86
2000_3 87.71 76.78 59.82
2000_4 87.08 78.02 59.88
2001_1 88.88 79.16 60.21
2001_2 92.07 85.87 61.01
2001_3 121.68 93.29 67.29
2001_4 114.46 92.96 65.90
2002_1 106.34 91.78 63.87
2002_2 103.51 89.68 64.06
2002_3 106.90 94.11 66.79
2002_4 114.98 91.55 62.25
2003_1 114.02 99.41 64.07

SOURCE: BTS Form 41 Data