Table 3: Low-Cost System* Quarterly Operating Profit/Loss Margin (In Percent)),,,,,,, Low-Cost Airlines Ranked by 4th Quarter 2007 Margin ,,,,,,, (Operating Profit/Loss as Percent of Total Operating Revenue),,,,,,, 4Q 2007 Rank,Low-Cost Airlines,4th Quarter 2006 (%),1st Quarter 2007 (%),2nd Quarter 2007 (%),3rd Quarter 2007 (%),4th Quarter 2007 (%),4th Quarter Operating Profit/Loss $(Millions) 1,Southwest,7.6,3.8,12.7,9.7,5.1,126 2,JetBlue,9.6,-2.2,10.2,10.0,3.8,28 3,Allegiant,7.0,14.1,11.7,7.8,2.6,2 4,AirTran,0.5,2.7,11.7,6.3,2.6,15 5,Frontier,-6.9,-2.1,0.5,6.1,-8.5,-28 6,Spirit,-20.1,7.0,5.1,3.7,-8.9,-17 7,America West,-7.9,5.1,-2.6,-4.5,N/A,N/A ,Seven-Carrier Total,2.3,3.1,8.6,6.6,2.9,126 "Source: Bureau of Transportation Statistics; Form 41, Schedule P1.2 ",,,,,,, * System = domestic + international,,,,,,,