Frontier Airlines 2008 Annual Report Download - page 52
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$5.6 million. Scheduled heavy maintenance events also increased by $1.2 million. The unit cost was down slightly to 1.13¢ in 2007
compared to 1.15¢ in 2006.
Insurance and taxes increased 7.9%, or $1.4 million, to $19.0 million in 2007 compared to $17.7 million in 2006. Property
taxes increased $1.7 million and the increase in operations was more than offset by a decline in the average insurance rates year over.
Our fixed-fee agreements generally provide for a direct reimbursement of insurance and property taxes. The unit cost decreased to
0.16¢ in 2007 compared to 0.19¢ in 2006.
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Source: REPUBLIC AIRWAYS HOLDINGS INC, 10-K, March 16, 2009 Powered by Morningstar® Document Research℠