Chautauqua Reports Strong May Performance.INDIANAPOLIS, Ind. --(BUSINESS WIRE)--June 11, 1998--Chautauqua Airlines 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 with hubs in Indianapolis, Pittsburgh and Newark, announced Thursday that its May 1998 load factor improved by 6.4 percent over the same month a year ago. The load factor was 52.6 percent versus 49.4 percent in May of '97. Year-to-date through the end of May the load factor improved by 8.2 percent, from 45.0 percent in '97 to 48.7 percent in '98. In May, 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. flew 13,679,378 revenue passenger miles(RPM's), a 4.6 percent increase over the 13,075,034 RPM's flown in May of '97. Year-to-date RPM's, 62,925,636, are up 3.2 percent over the same period in '97. 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. (ASM's) in May were 26,006,523, down 1.7 percent from the same month a year ago. Year-to-date ASM's, 129,121,942, were down 4.7 percent. 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, 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 fund, Ed Wegel, Chautauqua's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "While we are pleased with the May results, all of Chautauqua's employees are working diligently to improve all aspects of the performance of the airline with primary emphasis on significantly increasing our revenues. We expect the performance in future months to reflect this increased focus." Chautauqua operates as one of the nine US Airways Express carriers with 29 aircraft operating 211 daily flights to 25 communities in the northeast and mid west. Through its marketing affiliation with US Airways, Chautauqua customers receive through fares, reservation 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 the US Airways Dividend Miles program earn 500 miles for every US Airways Express flight they take. Chautauqua operates twelve (12) state of the art Saab 340 and seventeen (17) British Aerospace British Aerospace (BAe) was a UK aircraft and defence systems manufacturer, now part of BAE Systems. History The company was formed as a statutory corporation on April 29, 1977 as a result the Aircraft and Shipbuilding Industries Act. J-31 aircraft. -0-
1998 May Performance Compared to May 1997
May '98 May '97 %Change
Load Factor % 52.6 49.4 +6.4
Load Factor - YTD % 48.7 45.0 +8.2
RPM's 13,679,378 13,075,034 +4.6
RPM's - YTD 62,925,636 60,985,854 +3.2
ASM's 26,006,523 26,458,276 (1.7)
ASM's - YTD 129,121,942 135,470,977 (4.7)
Passengers 61,886 59,564 +3.9
Passengers - YTD 286,365 281,375 +1.8
CONTACT: Chautauqua Airlines Inc., Indianapolis Don Young, 317/484-6000 |
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