OCTOBER PASSENGER STATISTICS

RNS Number:0635H
MAXjet Airways Inc.
06 November 2007



6 November 2007



                              MAXJET AIRWAYS INC.

                          ("MAXjet" or the "Company")

                          OCTOBER PASSENGER STATISTICS



MAXjet today announces its passenger statistics for October 2007.



Highlights

  * 71.5% revenue load factor (10,538 passengers), a 4pp increase
    year-over-year
  * 123% passenger increase year-over-year on a 112% increase in available
    seats
  * Fifth aircraft entered revenue service on 5 October 2007 providing an
    operational spare
  * New Saturday service to New York commenced 20 October 2007
  * New Las Vegas and Los Angeles frequencies commence in December





October 2007



MAXjet's systemwide load factor in October was 71.5%, a year-over-year increase
of 4 percentage points.  Revenue passengers increased from 4,728 in October 2006
to 10,538 in October 2007, an increase of 123%.



Service to Washington Dulles was discontinued after 28 October 2007 to permit
additional frequencies in New York, Los Angeles and Las Vegas. Additional
frequencies to Los Angeles and Las Vegas are now available for ticketing through
the Company's distribution channels.  Additional frequencies to New York are
planned for March 2008. Progress on yields across markets continues to be made
year on year.



Key performance indicators for October and the year to date are summarized in
the tables below:


KPIs FOR OCTOBER*                           OCT 07                OCT 06             Change

Total Seats                                 14,752                 6,952               112%

Revenue Passengers                          10,538                 4,728               123%

Capacity (ASM 000s)                         64,078                24,513               161%
Capacity (ASK 000s)                        103,124                39,450

Traffic (RPM 000s)                          45,836                16,597               176%
Traffic (RPK 000s)                          73,766                26,711

Revenue Load Factor                          71.5%                 67.7%               +4pp

* Includes all scheduled flights marketed by MAXjet Airways

KPIs FOR YEAR TO DATE*                  JAN-OCT 07            JAN-OCT 06             Change

Total Seats                                 96,222                72,944                32%

Revenue Passengers                          66,291                40,227                65%

Capacity (ASM 000s)                        395,948               257,868                54%
Capacity (ASK 000s)                        637,216               414,999

Traffic (RPM 000s)                         276,158               141,706                95%
Traffic (RPK 000s)                         444,446               228,053

Revenue Load Factor                          69.7%                 55.0%              +15pp

* Includes all scheduled flights operated by MAXjet Airways





October On-time Performance



MAXjet's on-time performance for October 2007 was 70%. On-time performance was
impacted by offset daylight savings time-zone changes and fixed slot times which
resulted in late arriving flights into the United States.  MAXjet's year to date
flight completions improved to 96.0%, with 99.4% of flights completed in
October.





Fifth Aircraft



MAXjet introduced its fifth aircraft into revenue service on 5 October 2007. An
extended-range B767, this aircraft allows MAXjet to keep an operational spare in
its fleet.





MAXjet jetStyle Inflight Magazine Awards



MAXjet's inflight magazine, jetStyle, has been awarded two Silver CREATE awards
for design.  jetStyle offers information about each MAXjet destination,
including retail, restaurants and hotel accommodation. jetStyle is published
semi-annually and is available on every MAXjet flight.





Bill Stockbridge, CEO of MAXjet commented:



"I am particularly pleased with our strong system-wide load factors given that
the Los Angeles route has only now been operating for two months. This
demonstrates both the underlying momentum in our network and the strong customer
traction we are already achieving from both business and leisure customers
between London and Los Angeles."





For further information, please contact:


MAXjet Airways, Inc                                         +1 703 574 6600
Bill Stockbridge, CEO
John Severson, CFO
Josh Marks, EVP, Head of Strategy & Route Development



Panmure Gordon, Nominated Adviser and Broker                +44 207 459 3600
Grant Harrison
Andrew Potts
Chris Bucknall

FD                                                          +44 207 831 3113
Ben Foster











Notes to Editors



MAXjet Airways introduced the affordable all-business class segment, starting
service between London Stansted and New York (JFK) in November 2005.  Since
launching the low-fare all-business class segment MAXjet has carried over
120,000 revenue passengers.



MAXjet offers the amenities of Business Class, including fast check-in security
clearance, departure lounges, padded leather seats with 170 degrees of recline
and up to 60" seat pitch, gourmet meals and an arrivals facility at Stansted, at
fares comparable to flexible Economy Class.



MAXjet offers convenient flight schedules with evening departures from cities
across the United States and return flights from Stansted that appeal to both
business and leisure passengers. MAXjet has attracted a customer base of small
business, large business and affluent leisure consumers with significant repeat
business and high customer satisfaction.



ENDS


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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