Chautauqua Airlines Posts Record Performance for October.INDIANAPOLIS--(BUSINESS WIRE)--Nov. 11, 1998--Indianapolis-based Chautauqua Airlines Chautauqua Airlines is an airline based in Indianapolis, Indiana, USA. It operates scheduled passenger services on more than 670 flights daily to cities in 30 states, Canada and the Bahamas, through feeder services under the names Delta Connection for Delta Air Lines, Inc., a US Airways Express US Airways Express is an airline brand name, rather than a fully certificated airline, and as such, the US Airways Express name is used by several individually owned airlines or airline holding companies which provide regional airline and commuter service for US Airways. carrier, reported the 73,335 revenue passengers flown in October set a record for the month. The load factor of 54.6 percent was also a record for October. The revenue passenger total exceeded October 1997 by 11.8 percent and the load factor improved by 7.7 percent. Chautauqua's Vice President of Marketing, John Presburg, stated: "October followed on the heels of our strong third quarter performance and we are confident that the momentum generated by our marketing and sales efforts will continue to achieve growth for the balance of the year." Revenue passenger miles (RPMs) flown for the month were up 11.3 percent 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 by 3.3 percent compared to October 1997. RPMs for 1998 year-to-date have improved by 8.7 percent. ASMs year-to-date were down 2.1 percent. Chautauqua Airlines, with hubs in Indianapolis and Pittsburgh, was recently purchased by Wexford Management LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a Greenwich, Conn.-based diversified investment company Diversified investment company An investment vehicle such as a mutual fund that invests in an assortment of securities. . It is one of nine US Airways Express carriers, with a fleet of 32 aircraft operating 233 daily flights to 25 communities in the northeast and midwest. Through its marketing affiliation with US Airways, Chautauqua Chau`tau´qua 1. a meeting, usually held in the summer outdoors or under a temporary tent, providing public lectures combined with entertainment such as concerts and plays. It originated in the village of Chautauqua, N. Y. customers receive through fares, reservations and ticketing services, advance seat assignments and checked baggage This article or section may contain original research or unverified claims. Please help Wikipedia by adding references. See the for details. This article has been tagged since September 2007. to their final destination. Members of US Airways Dividend Miles program earn 500 miles for every US Airways Express flight they take. Chautauqua operates 13 state-of-the-art Saab 340 and 19 British Aerospace J-31 aircraft. -0-
Performance Comparison - October 1997 to October 1998
October 1998 October 1997 % Change
____________ ____________ ____________
Passengers 73,335 65,589 11.8
Passengers Y-T-D 638,254 597,430 6.8
Load Factor % 54.6 50.7 7.7
Load Factor Y-T-D 52.7 47.4 11.2
RPMs 15,998,540 14,377,182 11.3
RPMs Y-T-D 141,075,690 129,743,479 8.7
ASMs 29,282,829 28,344,844 3.3
ASMs Y-T-D 267,947,516 273,804,622 (2.1)
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