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COMAIR HOLDINGS REPORTS THIRD QUARTER EARNINGS

 COMAIR HOLDINGS REPORTS THIRD QUARTER EARNINGS
 CINCINNATI, Jan. 30 /PRNewswire/ -- Comair Holdings, Inc.


(NASDAQ/NMS: COMR), the parent corporation of Comair, Inc., the Cincinati and Orlando-based "Delta Connection" airline, reported third quarter net income of $3.0 million on revenues of $54.5 million. Earnings for the first nine months of fiscal 1992 were $8.0 million, or $.98 per share.
 Comparable third quarter and nine months results are as follows (in 000s):
 Third Quarter Ended
 December 31
 1991 1990
 Passenger revenues $50,820 $46,177
 Other revenues 3,650 3,862
 Total revenues 54,470 50,039
 Operating costs 49,272 47,051
 Operating income 5,198 2,988
 Net nonoperating income (expense) (119) 31
 Income before income taxes 5,079 3,019
 Income taxes 2,031 1,178
 Net income 3,048 1,841
 Weighted average number of shares 8,109 8,100
 Net income per share .38 .23
 Dividends paid per share .10 .10
 Operating Statistics:
 Passengers 513,391 479,674
 ASMs (000s) 254,262 233,021
 RPMs (000s) 113,004 99,580
 Load factor 44.4 pct 42.7 pct
 Breakeven load factor 40.5 pct 40.6 pct
 Yield (cents) 45.0 46.4
 Cost per ASM (cents) 18.4 19.0
 Nine Months Ended
 December 31
 1991 1990
 Passenger revenues $148,285 $138,269
 Other revenues 11,283 9,602
 Total revenues 159,568 147,871
 Operating costs 145,930 131,902
 Operating income 13,638 15,969
 Net nonoperating income (expense) (385) (229)
 Income before income taxes 13,253 15,740
 Income taxes 5,298 6,397
 Net income 7,955 9,343
 Weighted average number of shares 8,107 8,126
 Net income per share .98 1.15
 Dividends paid per share .30 .30
 Operating Statistics:
 Passengers 1,557,799 1,439,988
 ASMs (000s) 759,353 691,250
 RPMs (000s) 337,315 298,190
 Load factor 44.4 pct 43.1 pct
 Breakeven load factor 41.0 pct 38.7 pct
 Yield (cents) 44.0 46.4
 Cost per ASM (cents) 18.2 18.1
 -0- 1/30/92
 /CONTACT: Gloria M. Weber, director of corporate communications for Comair Holdings, Inc., 606-525-2550/
 (COMR) CO: Comair Holdings, Inc. ST: Ohio IN: AIR SU: ERN


LC -- CL010 -- 5413 01/30/92 16:07 EST
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Date:Jan 30, 1992
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