Total Revenue (Ex- Transport Related) per Equivalent Seat Mile (TRESM ex Transport Related)
STAGE LENGTH ADJUSTED
Cents per Equivalent Seat Mile
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
American            10.51            10.95            11.28            11.43            10.80            11.96            10.76              9.43              9.84              9.97            10.72            11.71            12.04            12.62            11.60            12.79            13.55
Continental              8.37              9.44            10.04            10.13            10.08            11.25            10.31            10.14            10.41            10.46            11.17            12.06            12.67            13.59            12.13            13.87            15.17
Delta              8.84              9.02              9.28              9.41              9.30              9.69              8.62              8.48            10.64              9.65              9.16            10.45            11.69            12.91            11.70            12.84            13.96
Northwest              9.91            10.05              9.93              9.03              9.41            10.11              9.18              9.10              9.29              9.82            10.48            11.58            11.69            12.74            10.95                   -                     -  
United              9.84            10.37            10.63            10.45            10.36            11.26              9.78              9.49              9.63            10.10            11.04            11.84            12.68            13.36            11.49            14.08            15.43
US Airways              9.17            10.12            10.39            10.46              9.80              9.78              8.66              8.26              8.82              8.60              8.52            15.34            13.77            10.77              9.96            11.09            12.05
America West              7.07              7.23              7.31              7.54              7.79              8.01              7.18              7.16              7.70              7.47              8.39                   -                     -                     -                     -                     -                     -  
 --sub Network           9.52           9.97         10.21         10.13           9.94         10.67           9.56           9.12           9.79           9.78         10.21         11.30         11.90         12.73         11.37         12.95         14.04
Southwest              5.37              5.72              5.90              6.08              6.31              6.82              6.21              5.95              6.14              6.31              6.71              7.40              7.49              8.04              7.93              9.19              9.89
jetBlue                   -                     -                     -                     -                     -                7.19              7.62              8.37              8.13              7.49              7.92              8.39              8.69            10.28              9.62            10.14            11.15
AirTran                   -                     -                6.71              6.24              6.75              7.97              7.58              6.60              7.00              6.74              7.41              7.72              8.11              8.66              8.12              8.81              9.67
Frontier              5.67              6.98              6.66              8.14              8.44            10.50              9.03              8.35              8.04              7.82              8.66              8.69              8.53              9.47              8.45              9.86            12.21
Virgin America                   -                     -                     -                     -                     -                     -                     -                     -                     -                     -                     -                     -                     -                8.78              8.97            10.83            12.06
 -- sub LCC           5.37           5.74           6.01           6.24           6.49           7.11           6.53           6.29           6.57           6.64           7.14           7.74           7.92           8.74           8.37           9.47         10.31
Alaska              7.25              7.57              8.11              8.09              8.37              9.00              8.61              8.34              8.53              8.78              9.41            10.09            10.17            10.74            10.63            11.55            12.50
Hawaiian              4.52              4.70              4.82              4.86              8.20              5.50              5.49              6.80              7.41              8.13              8.23              8.23              8.18              9.24              8.31              9.15            10.36
Allegiant                   -                     -                     -                     -                     -                     -                     -                     -                     -                8.54              8.29              8.01              8.46            10.03              7.87              8.25              9.20
 -- sub Other           6.69           6.93           7.32           7.34           8.34           7.98           7.78           8.08           8.19           8.77           9.22           9.61           9.63         10.49           9.89         10.66         11.61
Base Length of Haul                839                869                887                910                931                935                955                966            1,005            1,039            1,061            1,087            1,093            1,115            1,126            1,154            1,170
Note:   Stage Length Adjustment formula:  ((observed length of haul/base length of haul [15 carrier average])^.5) times respective carrier unit cost.
Data Source:  US DOT Form 41 via BTS, Schedules P12 & T2.