RENO, Nev., June 10 /PRNewswire/ -- Reno Air, Inc. [(Nasdaq: RENO),
(PCX: RNO)] today announced it has received a commitment from U.S. Bank to
provide a $10 million revolving line of credit, subject only to final loan
documentation.
"Reno Air's valued partnership with U.S. Bank continues to grow, and we
genuinely appreciate their confidence in our Company," said JT Fisher, Reno
Air Vice President of Finance and Chief Financial Officer.
"We are very proud to expand our business with Reno Air," said Kenneth G.
Ladd, Executive Vice President and Corporate Banking Manager of U.S. Bank.
"Reno Air has become an integral part of the Northern Nevada economy, and we
look forward to our continued growing relationship."
Reno Air celebrates its fifth anniversary in July, and currently serves
23 cities with nearly 200 daily scheduled departures. The carrier's fleet of
30 quiet, fuel efficient MD-80 and MD-90 series jets has an average age of
approximately six years, and features spacious first class and coach seating.
Passengers can book Reno Air Flights via the carrier's web site at
"www.renoair.com."
SOURCE Reno Air Inc.
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CONTACT:
JT Fisher, Vice President of Finance & Chief
Financial Officer, 702-686-3808, or Annie Turner, Public
Relations Manager, 702-686-3833, both of Reno Air; or Dotti
Loader of U.S. Bank Public Relations Manager, 702-688-3563
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