Table 3: Quarterly Domestic Operating profit/loss margin (in percent),,,,,,,
Low-Cost Carriers ,,,,,,,
Ranked by 2nd Quarter 2004 Margin ,,,,,,,
 (Operating Profit/Loss as Percent of Total Operating Revenue),,,,,,,
2Q 2004 Rank,Low-Cost Carriers,2nd Quarter 2003 (%),3rd Quarter 2003 (%),4th Quarter 2003 (%),1st Quarter 2004 (%),2nd Quarter 2004 (%),2nd Quarter Operating Profit/Loss $(Millions)
1,JetBlue,18.7,19.7,13.4,11.3,14.1,45.1
2,Southwest,9.3,11.9,7.3,3.1,11.5,196.8
3,AirTran,13.1,11.1,8.7,4.3,11.3,31.0
4,America West,2.4,8.0,1.0,2.0,2.6,16.2
5,Spirit,6.8,1.7,-2.9,1.9,-3.0,-3.8
6,Frontier,4.3,13.5,7.7,-4.0,-3.8,-7.3
7,ATA,5.6,7.9,-6.5,-14.8,-9.1,-26.0
,Seven-Carrier Total,8.4,11.2,5.3,1.8,7.2,252.0
Source: Form 41; Schedule P1.2,,,,,,,