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AIRTRAN CORPORATION REPORTS THIRD QUARTER EARNINGS

 AIRTRAN CORPORATION REPORTS THIRD QUARTER EARNINGS
 MINNEAPOLIS, J836,000 or 41 cents per share for the third


quarter ended Dec. 31, 1991. This compares to earnings of $1,391,000, or 35 cents per share for the same quarter last year.
 Earnings for the nine months ended Dec. 31, 1991, were $5,598,000, or $1.29 per share compared to net income of $4,576,000, or $1.16 per share for the same period a year ago.
 Operating revenues totaled $26,731,000 for the quarter, an increase of 12 percent from $23,826,000 in the third quarter of last year. For the nine months ended Dec. 31, 1991, operating revenues increased 13 percent to $77,871,000 compared to $69,136,000 for the same period last year.
 Revenue passenger miles increased 12 percent to 54.9 million for the current quarter compared to 49.0 million during last year's third quarter. Available seat miles for the quarter rose 7 percent to 103.4 million from 96.7 million flown last year. The Twin Cities-based carrier's third quarter system-wide load factor was 53.0 percent, up from 50.6 percent reported last year.
 Robert D. Swanson, president and chairman of AirTran, said, "The quarter's results reflect strong system-wide traffic and excellent load factors on the five new Detroit markets introduced earlier in the year."
 Mesaba operates as Northwest Airlink under an airline marketing agreement with Northwest Airlines at Minneapolis/St. Paul International and Detroit Metropolitan Airports. The regional carrier currently provides scheduled airline service to 39 cities in 13 states and one Canadian province.
 AirTran's common stock is traded on the NASDAQ National Market System under the symbol ATCC.
 AIRTRAN CORPORATION
 THIRD QUARTER EARNINGS
 (In thousands, except per-share data)
 Three Months Ended Nine Months Ended
 12/31/91 12/31/90 12/31/91 12/31/90
 Financial summary:
 Operating revenues $26,731 $23,826 $77,871 $69,136
 Operating income 3,160 2,320 9,475 7,909
 Net income $1,836 $1,391 $5,598 $4,576
 Net income per share $.41 $.35 $1.29 $1.16
 Weighted average shares 4,488 4,072 4,339 3,979
 Operating statistics:
 Revenue passengers carried 273,000 233,000 832,000 737,000
 Available seat miles (000) 103,442 96,695 315,920 297,189
 Revenue passenger miles (000) 54,862 48,965 168,316 154,738
 Load factor (in percents) 53.0 50.6 53.3 52.1
 Yield per revenue passenger mile $.482 $.476 $.456 $.436
 Operating costs per available
 seat mile $.227 $.222 $.216 $.205
 -0- 01/22/92
 /CONTACT: Kenneth P. Bronson of AirTran, 612-726-5151, ext. 371/
 (ATCC) CO: AirTran Corporation ST: Minnesota IN: AIR SU: ERN


KH -- MN006 -- 2312 01/22/92 12:43 EST
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Publication:PR Newswire
Date:Jan 22, 1992
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