Exhibit 99
Midwest Air Group, Inc.
6744 South Howell Avenue
Oak Creek, Wisconsin 53154
414-570-4000
www.midwestairlines.com
Traded: AMEX (MEH)
Media Inquiries:Michael Brophy, 414-570-4206 (o) orMichael.Brophy@midwestairlines.com
Analyst/Investor Inquiries:Dennis O’Reilly, 414-570-3954 (o) orDennis.O’Reilly@midwestairlines.com
FOR IMMEDIATE RELEASE
January 11, 2008
MIDWEST AIR GROUP REPORTS DECEMBER PERFORMANCE
Milwaukee, Wisconsin, January 11, 2008 – Midwest Air Group, Inc. (AMEX: MEH) today reported December performance data for Midwest Airlines and Midwest Connect.
Midwest Air Group, Inc. – Performance Report | ||||||||||
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| Twelve Months Ended |
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| December |
| December 31, |
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| 2007 | 2006 | % Change |
| 2007 | 2006 | % Change |
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Midwest Air Group |
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Scheduled Service Revenue Passenger Miles (000s) | 350,082 | 335,746 | 4.3 |
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| 4,725,413 | 4,086,394 | 15.6 |
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Scheduled Service Available Seat Miles (000s) | 516,855 | 471,448 | 9.6 |
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| 6,183,174 | 5,362,671 | 15.3 |
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Total Available Seat Miles (000s) | 521,296 | 475,815 | 9.6 |
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| 6,224,958 | 5,421,119 | 14.8 |
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Load Factor (%) | 67.7% | 71.2% | (3.5) | pts. |
| 76.4% | 76.2% | 0.2 | pts. |
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Revenue Yield (estimate) | $0.1484 | $0.1393 | 6.5 |
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| $0.1425 | $0.1440 | (1.0) |
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Passenger Revenue per Schd. Svc. ASM (estimate) | $0.1005 | $0.0992 | 1.3 |
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| $0.1089 | $0.1097 | (0.7) |
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Total Revenue per Total ASM (estimate) | $0.1142 | $0.1153 | (1.0) |
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| $0.1215 | $0.1226 | (0.9) |
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Number of Flights | 9,396 | 8,986 | 4.6 |
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| 119,280 | 110,120 | 8.3 |
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Into-plane Fuel Cost per Gallon (estimate) | $2.09 | $2.14 | (2.7) |
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| $2.11 | $2.17 | (2.6) |
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Midwest Airlines Operations |
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Origin & Destination Passengers | 266,711 | 297,776 | (10.4) |
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| 3,790,495 | 3,621,048 | 4.7 |
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Scheduled Service Revenue Passenger Miles (000s) | 300,853 | 316,088 | (4.8) |
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| 4,217,451 | 3,827,111 | 10.2 |
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Scheduled Service Available Seat Miles (000s) | 435,123 | 441,392 | (1.4) |
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| 5,427,141 | 4,982,631 | 8.9 |
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Total Available Seat Miles (000s) | 439,564 | 445,759 | (1.4) |
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| 5,468,924 | 5,040,712 | 8.5 |
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Load Factor (%) | 69.1% | 71.6% | (2.5) | pts. |
| 77.7% | 76.8% | 0.9 | pts. |
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Revenue Yield (estimate) | $0.1314 | $0.1270 | 3.5 |
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| $0.1252 | $0.1285 | (2.6) |
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Passenger Revenue per Schd. Svc. ASM (estimate) | $0.0909 | $0.0909 | (0.1) |
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| $0.0973 | $0.0987 | (1.4) |
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Total Revenue per Total ASM (estimate) | $0.1076 | $0.1087 | (0.9) |
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| $0.1123 | $0.1135 | (1.1) |
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Average Passenger Trip Length (miles) | 1,128 | 1,061 | 6.3 |
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| 1,113 | 1,057 | 5.3 |
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Number of Flights | 4,185 | 4,711 | (11.2) |
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| 55,010 | 54,213 | 1.5 |
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Into-plane Fuel Cost per Gallon (estimate) | $2.08 | $2.14 | (2.9) |
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| $2.10 | $2.16 | (2.8) |
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Midwest Connect Operations |
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Origin & Destination Passengers | 117,579 | 62,964 | 86.7 |
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| 1,282,495 | 819,946 | 56.4 |
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Scheduled Service Revenue Passenger Miles (000s) | 49,230 | 19,658 | 150.4 |
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| 507,962 | 259,283 | 95.9 |
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Scheduled Service Available Seat Miles (000s) | 81,732 | 30,057 | 171.9 |
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| 756,033 | 380,040 | 98.9 |
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Total Available Seat Miles (000s) | 81,732 | 30,057 | 171.9 |
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| 756,033 | 380,407 | 98.7 |
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Load Factor (%) | 60.2% | 65.4% | (5.2) | pts. |
| 67.2% | 68.2% | (1.0) | pts. |
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Revenue Yield (estimate) | $0.2523 | $0.3383 | (25.4) |
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| $0.2858 | $0.3719 | (23.2) |
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Passenger Revenue per Schd. Svc. ASM (estimate) | $0.1520 | $0.2213 | (31.3) |
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| $0.1920 | $0.2537 | (24.3) |
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Total Revenue per Total ASM (estimate) | $0.1644 | $0.2550 | (35.5) |
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| $0.2090 | $0.2851 | (26.7) |
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Average Passenger Trip Length (miles) | 419 | 312 | 34.1 |
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| 396 | 316 | 25.3 |
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Number of Flights | 5,211 | 4,275 | 21.9 |
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| 64,270 | 55,907 | 15.0 |
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Into-plane Fuel Cost per Gallon (estimate) | $2.10 | $2.15 | (2.5) |
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| $2.15 | $2.21 | (2.4) |
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Note: All statistics exclude charter operations except total available seat miles, total revenue per total available seat miles and into-plane fuel cost. Numbers may not recalculate due to rounding.
This performance report includes operating statistics for the 50-seat regional jet fleet operated by SkyWest Airlines, affecting year-over-year comparisons for Midwest Air Group and Midwest Connect. That service, which launched April 1, 2007, has allowed for the opening of new markets as well as the conversion to Midwest Connect of some flights previously flown by Midwest Airlines.
-MORE-
Readers ofTravel+Leisure named Midwest Airlines “Best Domestic Airline” in the magazine’s 2007 World’s Best Awards competition. The airline features jet service throughout the United States, including Milwaukee’s most daily nonstop flights and best schedule to major destinations. Catering to business travelers and discerning leisure travelers, the airline earned its reputation as “The best care in the air” by providing passengers with impeccable service and onboard amenities at competitive fares. Both Skyway Airlines, Inc. – a wholly owned subsidiary of Midwest Airlines – and SkyWest Airlines, Inc. operate as Midwest Connect and offer service to and connections through Midwest Airlines’ hubs. Together, the airlines offer service to more than 50 cities. More information is available at http://www.midwestairlines.com.
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