Table 3: System* Quarterly Operating profit/loss margin (in percent),,,,,,, Low-Cost Carriers ,,,,,,, Ranked by 1st Quarter 2007 Margin ,,,,,,, (Operating Profit/Loss as Percent of Total Operating Revenue,,,,,,, 1Q 2007 Rank,Low-Cost Carriers,1st Quarter 2006 (%),2nd Quarter 2006 (%),3rd Quarter 2006 (%),4th Quarter 2006 (%),1st Quarter 2007 (%),1st Quarter Operating Profit/Loss $(Millions) 1,Spirit,-7.3,-3.2,-20.3,-20.1,7.0,12 2,America West,9.4,5.9,-11.2,-7.9,5.1,46 3,Southwest,4.9,16.4,11.2,7.6,3.8,84 4,AirTran,-1.1,10.3,-0.7,0.5,2.7,14 5,Frontier,-3.4,3.5,1.0,-6.9,-2.1,-6 6,JetBlue,-5.1,7.7,5.5,9.6,-2.2,-13 7,ATA,-13.1,-0.7,2.2,-6.6,-16.9,-27 ,Seven-Carrier Total,2.5,10.8,3.3,2.7,2.3,109 " Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2 ",,,,,,, * System = domestic + international ,,,,,,,