Figure 3: Passenger Revenue per Enplanement as a Percentage of System Operating Expenses (Excluding Fuel/Labor) per Enplanement,,, Second Quarter 2001 - Second Quarter 2006,,, ,Low-Cost,Network,14-Carrier Average 2Q 2001,122%,89%,91% 2Q 2002,109%,86%,89% 2Q 2003,128%,80%,87% 2Q 2004,134%,81%,88% 2Q 2005,135%,86%,92% 2Q 2006,168%,100%,109% "Source: Bureau of Transportation Statistics, Form 41 Airline Financial Data and T-100 Segment Data",,,