Frontier Airlines 2006 Annual Report Download - page 63

full year effect of 31 regional jet aircraft purchased in 2005. Additionally, amortization for takeoff and landing slots increased $2.8
million from 2005. The unit cost remained unchanged at 1.0¢.
Impairment loss and accrued return costs was a ($2.1) million benefit in 2006 compared to ($4.2) million benefit in 2005.
The ($2.1) million in 2006 represent the gain on the disposition of Saab aircraft and spare parts. The ($4.2) million in 2005 was the
reversal of the remaining balance of a reserve for the return of our Saab fleet of aircraft after an agreement to return all the Saab
turboprop aircraft to lessors was executed and all liabilities were settled.
Other expenses increased 28.2%, or $17.5 million, to $79.7 million in 2006 from $62.2 million in 2005, due primarily to
$22.5 million of increases in flight crew training and travel expenses, passenger catering costs, and administrative expenses to support
the increased 70-seat regional jet operations, offset by a decrease of $6.3 million in payments made to American in 2005 related to
operating 70-seat aircraft at Chautauqua. The unit cost remained unchanged at 0.9¢.
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Source: REPUBLIC AIRWAYS HOLDINGS INC, 10-K, March 15, 2007 Powered by Morningstar® Document Research℠