RENO, Nev., Sept. 10 /PRNewswire/ -- Reno Air, Inc., (Nasdaq: RENO; PCX:
RNO) today announced that shares of the company's common stock are now
available for sale on the German Stock Exchange in Berlin and Frankfurt.
"We believe there is significant interest in the German community for
emerging airline stocks," said B. J. Rone, Reno Air Senior Vice President and
Chief Financial Officer.
The stock being traded, which began last Friday, is another milestone in
itself as Germany represents the first foreign market in which Reno Air stock
can be purchased on a local stock exchange rather than through New York via
the Nasdaq stock exchange. Reno Air has had an International Sales Office in
Germany for almost two years.
Reno Air currently serves 23 cities with more than 200 daily scheduled
departures. The addition of Oklahoma City on Sept. 16, 1997 will increase the
number of cities served to 24. The carrier's fleet of 30 McDonnell Douglas
MD-80 and MD-90 series jets has an average age of less than seven years. Reno
Air offers everyday low fares, advance seat assignments, frequent flyer
programs, a spacious first class cabin, "EZtrip" ticketless travel and full
participation in all major computer reservation systems.
SOURCE Reno Air Inc.
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CONTACT:
Connie Huff, Corporate Communications,
702-686-3874, or Richard Guess, Corporate Communications,
702-686-3842, or Todd Kehoe, Investor Relations, 702-686-3838, or
Madeleine Lamprecht, Investor Relations, 702-686-3667, all of
Reno Air Inc.
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