Table 1: Airline Domestic Revenue-Cost Ratios,,,,,,,
Major Passenger Airlines and Other Selected Airlines ,,,,,,,
Ranked by 1st Quarter 2003 Ratio ,,,,,,,
(Domestic Operating Revenue/Operating Expenses per Available Seat Mile),,,,,,,

Rank,Carrier,1st Quarter 2002,2nd Quarter 2002,3rd Quarter  2002,4th Quarter  2002,1st Quarter 2003,Operating Profit/Loss $(Millions)
1,Jet Blue,1.21,1.23,1.16,1.2,1.19,34.5
2,American Eagle,0.93,1.06,0.81,1.09,1.11,26.1
3,Air Tran,0.98,1.07,1.04,1.08,1.04,8.4
4,Southwest,1.04,1.15,1.07,1.07,1.03,45.5
5,Spirit,1.04,1,0.94,0.96,1.01,1.2
6,America West,0.84,0.99,0.92,0.93,0.91,-46.4
7,Northwest,0.94,1,0.97,0.86,0.89,-172.6
8,Delta,0.9,0.97,0.94,0.94,0.89,-338.6
9,Frontier,1.06,0.97,0.96,0.95,0.88,-15.8
10,Alaska,0.91,1,1.04,0.89,0.88,-52.1
11,US Airways,0.81,0.89,0.86,0.88,0.88,-183.6
12,Midwest Express,0.99,1.02,0.89,0.93,0.87,-11.7
13,Continental,0.81,0.83,0.87,0.88,0.84,-221.3
14,American,0.82,0.84,0.7,0.82,0.8,-734.9
15,United,0.83,0.87,0.82,0.74,0.77,-608.1
16,ATA,1.07,0.89,0.91,0.88, n/a ,n/a

 (1.00=Break-even point),,,,,,,


Table 2. Airline Domestic Unit Revenue ,,,,,,,
Major Passenger Airlines and Other Selected Airlines ,,,,,,,
(Domestic Operating Revenue per Available Seat Mile in cents),,,,,,,

Carrier,1st Quarter 2002,2nd Quarter 2002,3rd Quarter  2002,4th Quarter  2002,1st Quarter 2003,Operating Revenue $(Millions),
Air Tran,8.8,9.1,8.5,9,8.9,208,
Alaska,9.6,9.9,10,9.3,9.4,385
America West,7.5,7.8,7.1,7.4,7.5,495.7
American,9.4,9.2,8.5,8.8,10.1,"2,899.00"
American Eagle,19.8,21.9,20.9,19.5,18.3,272.3
ATA,6.9,7.1,6.7,6.2,n/a,n/a
Continental,9.8,10.2,9.4,9.7,9.9,"1,158.20"
Delta,9.6,9.9,9.4,10.4,11.9,"2,798.10"
Frontier,9.2,8.2,7.6,7.9,7.9,120.7
Jet Blue,8.3,7.7,7.4,7.6,7.4,217.1
Midwest Express,11.7,11.6,10.3,10.6,10.2,79.6
Northwest,10.5,11,10.6,10.9,10.5,"1,452.30"
Southwest,7.6,8.6,7.9,8,7.8,"1,351.30"
Spirit,7.9,7.3,6.7,7.2,7.6,118.1
United,9.9,10.2,9.1,9.2,9.2,"2,005.00"
US Airways,13,14,12.4,13.9,13.8,"1,319.40"



Table 3.  Airline Domestic Unit Costs,,,,,,
Major Passenger Airlines and Other Selected Airlines ,,,,,,
(Domestic Operating Expenses per Available Seat Mile in cents) ,,,,,,

Carrier,1st Quarter 2002,2nd Quarter 2002,3rd Quarter  2002,4th Quarter  2002,1st Quarter 2003,Operating  Expenses $(Millions)
Air Tran,9,8.5,8.2,8.4,8.6,199.6
Alaska,10.5,9.9,9.6,10.4,10.7,437.1
America West,8.9,7.8,7.8,8,8.2,542.1
American,11.5,10.9,12.1,10.8,12.6,"3,633.90"
American Eagle,21.2,20.7,25.6,17.9,16.5,246.2
ATA,6.5,7.9,7.4,7,n/a,n/a
Continental,12.1,12.3,10.8,11,11.8,"1,379.50"
Delta,10.7,10.3,10,11.1,13.4,"3,136.80"
Frontier,8.7,8.5,7.9,8.3,9,136.5
Jet Blue,6.8,6.3,6.4,6.3,6.2,182.6
Midwest Express,11.8,11.4,11.6,11.4,11.7,91.4
Northwest,11.2,11,10.8,12.7,11.7,"1,624.90"
Southwest,7.3,7.5,7.4,7.5,7.5,"1,305.80"
Spirit,7.6,7.3,7.1,7.4,7.6,116.8
United,12,11.7,11.2,12.4,11.9,"2,613.10"
US Airways,16.1,15.7,14.3,15.7,15.7,"1,503.10"



Table 4. Domestic Passenger Revenue Yield,,,,,,
Major Passenger Airlines and Other Selected Airlines,,,,,,
(Domestic Passenger Revenue per Revenue Passenger Mile in cents),,,,,,

Carrier,1st Quarter 2002,2nd Quarter 2002,3rd Quarter  2002,4th Quarter  2002,1st Quarter 2003,Passenger  Revenue $(Millions)
Air Tran,13,12.4,12.4,13.3,12.8,201.2
Alaska,12.8,12.8,12.5,12.3,12.5,336.9
America West,10.1,9.7,9,9.6,10.1,478.5
American,12.7,12,11,11.7,12.2,"2,420.20"
American Eagle,32.3,31.7,30.9,29.8,30.5,270
ATA,7.9,7.7,7.5,7.6,n/a,n/a
Continental,12.6,12.1,11.2,12,12.8,"1,060.30"
Delta,12.4,12.1,11.2,12.5,13,"2,134.30"
Frontier,15,12.6,12.6,12.9,12.9,114.8
Jet Blue,9.9,8.9,8.5,9,8.8,209.9
Midwest Express,16.1,16.1,15.3,14.2,13.6,64.6
Northwest,12.9,12.8,12.5,13.3,12.8,"1,252.10"
Southwest,11.4,11.6,11,12,11.7,"1,276.80"
Spirit,10.3,9.5,8.5,9,9.9,116.1
United,12.3,12.1,10.6,10.8,10.5,"1,624.10"
US Airways,14.7,14.2,13.1,14.8,14.9,953.1

"Table 1-4 Source: Air Carrier Statistics: Schedule T-1, Air Carrier Financial Statistics: Schedule P-12."