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Figure 9: Average Annual Full-Time Equivalent Employee* Compensation

First Quarter 2001 - First Quarter 2006

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  Low-Cost Network 14 Carrier Average
1Q 2001 56,423 78,562 75,885
1Q 2002 56,764 84,084 80,181
1Q 2003 61,039 90,464 85,704
1Q 2004 68,252 88,930 85,205
1Q 2005 73,656 85,720 83,452
1Q 2006 78,759 86,273 84,751

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

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