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COMAIR HOLDINGS REPORTS FISCAL 1992 EARNINGS

 COMAIR HOLDINGS REPORTS FISCAL 1992 EARNINGS
 CINCINNATI, June 4 /PRNewswire/ -- Comair Holdings, Inc.


(NASDAQ/NMS: COMR), the parent corporation of Comair, Inc., the Cincinnati and Orlando-based "Delta Connection" airline, reported fourth quarter net income of $4.5 million on revenues of $57.9 million. Earnings for fiscal 1992 were $12.4 million, or $1.02 per share.
 Comparable fourth quarter and fiscal year results are as follows (in 000s):
 Fourth Quarter Ended
 March 31
 1992 1991
 Passenger Revenues $54,106 $49,343
 Other revenues 3,751 4,495
 Total revenues $57,857 $53,838
 Operating costs 50,293 48,077
 Operating income $7,564 $5,761
 Net nonoperating income (expense) (164) 273
 Income before income taxes $7,400 $6,034
 Income taxes 2,942 2,301
 Net income $4,458 $3,733
 Weighted average number of shares 12,267 12,148
 Net income per share $.36 $.31
 Dividends paid per share $.07 $.07
 Operating Statistics:
 Passengers 497,278 464,233
 ASMs (000s) 272,055 235,989
 RPMs (000s) 109,397 95,677
 Load factor (pct) 40.2 40.5
 Breakeven load factor (pct) 35.1 37.1
 Yield (cents) 49.5 51.6
 Cost per ASM (cents) 17.5 19.3
 Fiscal Year Ended
 March 31
 1992 1991
 Passenger Revenues $202,391 $187,612
 Other revenues 15,034 14,098
 Total revenues $217,425 $201,710
 Operating costs 196,223 179,980
 Operating income $21,202 $21,730
 Net nonoperating income (expense) (550) 44
 Income before income taxes $20,652 $21,774
 Income taxes 8,240 8,698
 Net income $12,412 $13,076
 Weighted average number of shares 12,186 12,179
 Net income per share $1.02 $1.07
 Dividends paid per share $.27 $.27
 Operating Statistics:
 Passengers 2,055,077 1,904,221
 ASMs (000s) 1,031,408 927,240
 RPMs (000s) 446,712 393,868
 Load factor (pct) 43.3 42.5
 Breakeven load factor (pct) 39.4 38.4
 Yield (cents) 45.3 47.6
 Cost per ASM (cents) 18.0 18.4
 -0- 6/4/92
 /CONTACT: Gloria M. Weber of Comair Holdings, Inc., 606-525-2550/
 (COMR) CO: Comair Holdings, Inc. ST: Ohio IN: AIR SU: ERN


KK -- CL015 -- 7079 06/04/92 13:29 EDT
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Date:Jun 4, 1992
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