Great Lakes Aviation, Ltd. Reports February 2006 Traffic

Paul

Veteran
Nov 15, 2005
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Great Lakes Aviation, Ltd. (OTC Bulletin Board: GLUX) today announced preliminary passenger traffic results for the month of February 2006.

Scheduled service generated 9,570,000 revenue passenger miles (RPM's), a 10.5 percent increase from the same month last year. Available seat miles (ASM's) increased 6.0 percent to 21,809,000. As a result, load factor increased 1.8 points to 43.88 percent. Passengers carried increased 12.8 percent to 36,290 when compared to February 2005. Preliminary revenue per available seat mile (RASM) increased 17.6 percent from 23.86 cents to 28.06 cents.

For the two months ending February 28, 2006 compared to the same two month period in 2005, revenue passenger miles (RPM's) increased 7.9 percent to 19,236,000 and available seat miles (ASM's) increased 10.3 percent to 46,445,000, resulting in a load factor of 41.42 percent for the year 2006 resulting in a decrease in load factor of 0.9 points compared to the same two month period in 2005. The company carried 72,996 revenue passengers for the two month period ending February 28, 2006, a 10.2 percent increase from the prior year. Preliminary revenue per available seat mile (RASM) increased 13.8 percent from 23.72 cents to 26.99 cents on a year-over-year basis.


Code:
				  FEBRUARY 2006 AND YEAR TO DATE STATISTICS

									 Feb-06		  Feb-05		 Change
	Passengers Enplaned			  36,290		  32,175		 12.8%
	Revenue Passenger Miles (000)	 9,570		   8,657		 10.5%
	Available Seat Miles (000)	   21,809		  20,571		  6.0%
	Load Factor					   43.88%		  42.08%		 1.8 pts
	RASM (cents)					  28.06		   23.86		 17.6%



								   YTD 2006		YTD 2005		 Change
	Passengers Enplaned			  72,996		  66,233		 10.2%
	Revenue Passenger Miles (000)	19,236		  17,827		  7.9%
	Available Seat Miles (000)	   46,445		  42,118		 10.3%
	Load Factor					   41.42%		  42.33%		(0.9) pts
	RASM (cents)					  26.99		   23.72		 13.8%

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