Atlantic Coast Airlines Posts 94.1% Increase in May Traffic.DULLES, Va.--(BUSINESS WIRE)--June 3, 1998--Atlantic Coast Airlines (NASDAQ/NM: ACAI), the Dulles, Va.-based United Express carrier, today announced preliminary passenger traffic results for May 1998. The company generated 68,107,000 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 94.1 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 113,191,000, a 61.3 percent increase, resulting in a 10.2-point load factor increase. The carrier's load factor was 60.2 percent vs. 50 percent in May 1997. The company carried 217,461 passengers, a 52.8 percent increase over the same period last year. For the five months ended May 31, 1998, compared to the same period in 1997, RPMs grew to 274,432,000, an increase of 95.7 percent year over year, while ASMs were 506,421,000, a 56.2 percent increase, resulting in a 10.9-point load factor increase. The company carried 891,083 passengers compared to 569,567, an increase of 56.4 percent. 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 230 daily departures from its hub at Washington Dulles International Airport Washington Dulles International Airport (IATA: IAD, ICAO: KIAD, FAA LID: IAD) is a public airport located 25 miles (40 km) west of the central business district of Washington, D.C., in Loudoun County and Fairfax County, Virginia, United States. , more than all other carriers combined. The airline serves 47 destinations in 20 states from Washington Dulles, with more than 500 nonstop HP's brand name for its fault-tolerant servers, which range in size from four CPUs to 4,000 CPUs. The NonStop line was created by Tandem Computers, which was acquired by Compaq, which later became part of HP. flights. ACA's route system currently spans the East Coast from Maine to Florida. The airline operates a fleet of 69 jet and 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 including nine 50-passenger Canadair Regional jets, 32 29-passenger Jetstream 41s and 28 19-passenger Jetstream 32 turboprop aircraft. The average age of the ACA ACA - Application Control Architecture fleet is approximately five years. For more information on ACA and our United Express service, visit our website at www.atlanticcoast.com. -0-
Month of May,
1998 1997 % Change
---- ---- --------
Revenue Passenger Miles (000) 68,107 35,090 94.1%
Available Seat Miles (000) 113,191 70,183 61.3%
Load Factor 60.2% 50% 10.2 Pts.
Passengers 217,461 142,286 52.8%
Five Months Ended May 31,
1998 1997 % Change
---- ---- --------
Revenue Passenger Miles (000) 274,432 140,239 95.7%
Available Seat Miles (000) 506,421 324,141 56.2%
Load Factor 54.2% 43.3% 10.9 Pts.
Passengers 891,083 569,567 56.4%
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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