RENO, Nev., Dec. 10 /PRNewswire/ -- Reno Air, Inc.
(Nasdaq: RENO; PCX: RNO), today announced strong November traffic results.
The month's 64.1% load factor was up 3.1 percentage points over November 1997.
Revenue passenger miles increased 0.3 percent on a 4.5 percent reduction in
capacity.
"We are very pleased with November traffic results. These volumes along
with continuing positive yield growth are clearly pointing in the right
direction", said Joanne Smith, Senior Vice President Marketing and Planning.
"Our improved schedule, product and service levels all contributed to the
strong result", continued Smith.
Reno Air recently announced that it has entered into a merger agreement
with American Airlines. Completion of the transaction is expected in the
first quarter of 1999.
RENO AIR NOVEMBER TRAFFIC RESULTS
November 1998 November 1997 % Change
Revenue Passenger Miles 228,221,430 227,363,702 0.3
Available Seat Miles 356,190,050 372,972,443 (4.5)
Passengers Enplaned 426,095 426,089 --
Load Factor 64.1 61.0 3.1
YEAR-TO-DATE
November 1998 November 1997 % Change
Revenue Passenger Miles (000) 2,822,234 2,878,357 (1.9)
Available Seat Miles (000) 4,276,802 4,311,249 (0.8)
Passengers Enplaned 4,912,273 5,084,603 (3.4)
Load Factor 66.0 66.8 (0.8)
SOURCE Reno Air, Inc.
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Related links:
http://www.renoair.com
Company News On-Call:
http://www.prnewswire.com/comp/740075.html or fax,
800-758-5804, ext. 740075
CONTACT:
Joanne Smith, 702-954-5023, or Nancy Raymond,
702-954-5000, ext. 4327, both of Reno Air
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