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11. Average Annual Full-Time Equivalent Employee* Compensation

11. Average Annual Full-Time Equivalent Employee* Compensation

First Quarter 2002-2007

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  Low-Cost Network 14-Carrier Average
2002 56.634 84.084 80.155
2003 61.039 90.464 85.704
2004 68.252 88.930 85.206
2005 73.656 85.720 83.452
2006 78.759 86.273 84.757
2007 81.221 83.374 82.915

Source: Bureau of Transportation Statistics, Form 41 Airline Financial Data

* Full-time Equivalent Employee (FTE) calculations count two part-time employees as one full-time employee.