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Great Lakes Aviation reports March 2010 and 1st quarter traffic

Great Lakes Aviation has announced preliminary passenger traffic results for the month of March 2010 and the first three months of the year.

Revenue passenger miles (RPMs) during March totalled 11,178,000, up 6.6% on the 10,484,000 recorded in March 2009. Available seat miles (ASMs) were cut by 3.6% to 32,160,000 from 33,345,000 for the respective months.

The resulting load factor thus rose by 3.3 percentage points to 34.76% from March 2009’s 31.44%. Passengers carried numbered 38,381, an increase of 1.3% over last March’s 37,895.

Revenue per ASM (RASM) increased by 9.0% to 30.87 cents from March 2009’s RASMs 28.31 cents.

In the first quarter of 2010 (1Q10), RPMs went up by just 0.5% to 30,665,000 from 30,513,000 in 1Q09, while ASMs were cut 5.4% to 91,497,000 from 96,759,000, leading to a 2 pp rise in load factor for 1Q10, at 33.5%, compared with 1Q09’s 31.5%.

In 1Q10 the airline carried 105,727 passengers, compared with 110,352 in 1Q09, a 4.2% fall. RASM for the respective quarters was up 6.2% at 30.03 cents for 1Q10 versus 28.29 cents in 1Q09.

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