Atlantic Coast Airlines Posts 78.4% Increase in June Traffic.DULLES Dul·les , Allen Welsh 1893-1969. American public official. Director of the CIA (1953-1961), he resigned after the failed invasion of the Bay of Pigs. Noun 1. , Va.--(BUSINESS WIRE)--July 7, 1998--Atlantic Coast Airlines (NASDAQ/NM: ACAI), the Dulles, Va.-based United Express carrier, Tuesday announced preliminary passenger traffic results for June 1998. The company generated 68,475,000 revenue passenger miles Revenue passenger miles (RPMs) is a measure of a passenger traffic for an airline flight, bus, or train calculated by multiplying the total number of revenue-paying passengers aboard the vehicle by the distance traveled measured in miles. (RPMs), a 78.4 percent increase over the same month last year, while available seat miles Available seat miles (ASM) is a measure of an airline flight's passenger carrying capacity. It is equal to the number of seats available multiplied by the number of miles flown. This measures an airlines capacity for transporting passengers. (ASMs) increased to 113,142,000, a 58.4 percent increase, resulting in a 6.8-point load factor increase. The carrier's load factor was 60.5 percent vs. 53.7 percent in June 1997. The company carried 221,629 passengers, a 43.7 percent increase over the same period last year. For the second quarter ended June 30, 1998, compared to the same period in 1997, RPMs grew to 203,771,000, an increase of 93.4 percent year over year, while ASMs were 334,582,000, a 60.3 percent increase, resulting in a 10.4-point load factor increase. The carrier's load factor was 60.9 percent vs. 50.5 percent for second quarter 1997. The company carried 648,467 passengers compared to 424,740, an increase of 52.7 percent. United Express/ACA currently serves the United Airlines hub at Washington Dulles and will begin serving United's Chicago O'Hare hub in August. Together, United and United Express/ACA offer more than 300 daily departures from Washington Dulles. From Chicago, United, along with its United Express partners, offer more than 540 daily departures to 137 destinations worldwide. Atlantic Coast Airlines Atlantic Coast Airlines (IATA: DH, ICAO: BLR, and Callsign: Blue Ridge) was an airline based in the United States owned by Atlantic Coast Holdings, Inc.. It operated as United Express for United Airlines and Delta Connection for Delta Air Lines. offers more than 500 daily departures systemwide. From its major hub at Washington Dulles, the airline offers more than 230 daily departures, more than all other carriers combined. ACA ACA - Application Control Architecture serves 48 destinations in 20 states with a route system spanning from Maine Maine, ship Maine, U.S. battleship destroyed (Feb. 15, 1898) in Havana harbor by an explosion that killed 260 men. The incident helped precipitate the Spanish-American War (Apr., 1898). Commanded by Capt. Charles Sigsbee, the ship had been sent (Jan. to Florida, and as far West as Missouri Missouri, state, United States Missouri (mĭz  r`ē, –ə), one of the midwestern states of the United States. .
The airline operates a fleet of 69 aircraft, including nine 50-passenger Canadair Regional Jets, 32 29-passenger Jetstream 41s and 28 19-passenger Jetstream 32 turboprop turboprop: see turbine. turboprop Hybrid engine that provides jet thrust and also drives a propeller. It is similar to the turbojet except that an added turbine, behind the combustion chamber, works through a shaft and speed-reducing gears to turn a aircraft. The average age of the ACA fleet is approximately five years. Atlantic Coast Airlines common stock is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market under the symbol ACAI. For more information on ACA and our United Express service, visit our website at www.atlanticcoast.com. -0-
Month of June,
1998 1997 % Change
---- ---- --------
Revenue Passenger Miles (000) 68,475 38,374 78.4%
Available Seat Miles (000) 113,142 71,415 58.4%
Load Factor 60.5% 53.7% 6.8 Pts.
Passengers 221,629 154,192 43.7%
Second Quarter Ended June 30,
1998 1997 % Change
---- ---- --------
Revenue Passenger Miles (000) 203,771 105,372 93.4%
Available Seat Miles (000) 334,582 208,663 60.3%
Load Factor 60.9% 50.5% 10.4 Pts.
Passengers 648,467 424,740 52.7%
Six Months Ended June 30,
1998 1997 % Change
---- ---- --------
Revenue Passenger Miles (000) 343,367 178,613 92.2%
Available Seat Miles (000) 619,563 395,556 56.6 Pts.
Load Factor 55.4% 45.2% 10.2 Pts.
Passengers 1,113,460 723,759 53.8%
CONTACT: Atlantic Coast Airlines Jennifer Heronema, Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Manager 703/925-6019 |
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