The Inspector General''s office at the Department of Transportation has released its quarterly (quarter ending 12/2002) Airline Industry Metrics report. As expected the airline industry is in the toilet. Of all the information provided in the report one static stands out clear; the Individual Airline Actual versus Breakeven Load Factors.
Actual Breakeven
Southwest 63% 58%
Delta 66% 74%
Continental 71% 75%
Alaska 67% 81%
America West 73% 82%
US Airways 68% 82%
American 70% 89%
Northwest 74% 103%
United 72% 106%