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Figure 3: Passenger Revenue per Enplanement as a Percentage of System Operating Expenses (Excluding Fuel/Labor) per Enplanement

Figure 3: Passenger Revenue per Enplanement as a Percentage of System Operating Expenses (Excluding Fuel/Labor) per Enplanement

First Quarter 2001 - First Quarter 2006

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  Low-Cost Network 14 Carrier Average
1Q 2001 119% 93% 96%
1Q 2002 90% 67% 70%
1Q 2003 115% 64% 71%
1Q 2004 116% 74% 80%
1Q 2005 128% 71% 78%
1Q 2006 145% 79% 89%

Source: Bureau of Transportation Statistics, Form 41 Airline Financial Data and T-100 Market Data.