Table 3: System* Quarterly Operating profit/loss margin (in percent),,,,,,, Low-Cost Carriers ,,,,,,, Ranked by 4th Quarter 2006 Margin ,,,,,,, (Operating Profit/Loss as Percent of Total Operating Revenue),,,,,,, 4Q 2006 Rank,Low-Cost Carriers,4th Quarter 2005 (%),1st Quarter 2006 (%),2nd Quarter 2006 (%),3rd Quarter 2006 (%),4th Quarter 2006 (%),4th Quarter Operating Profit/Loss $(Millions) 1,JetBlue,-4.0,-5.1,7.7,5.5,9.6,61 2,Southwest,8.2,4.9,16.4,11.2,7.6,174 3,AirTran,0.5,-1.1,10.3,-0.7,0.5,3 4,Spirit,-22.3,-7.3,-3.2,-20.3,-3.7,-5 5,ATA,50.1,-13.1,-0.7,2.2,-6.6,-11 6,Frontier,-4.7,-3.4,3.5,1.0,-6.9,-19 7,America West,-16.7,9.4,5.9,-11.2,-7.9,-72 ,Seven-Carrier Total,1.8,2.5,10.8,3.3,2.7,131 "Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2 ",,,,,,, * System = domestic + international,,,,,,,