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STATESWEST AIRLINES ANNOUNCES QUARTERLY PREFERRED DIVIDEND PAYMENT

STATESWEST AIRLINES ANNOUNCES QUARTERLY PREFERRED DIVIDEND PAYMENT
 PHOENIX, Dec. 4 /PRNewswire/ -- StatesWest Airlines' (NASDAQ: SWAL, SWALP) board of directors declared the regular $.15 quarterly dividend be paid on the company's Series A cumulative convertible preferred stock (CUSIP No. 857657 70 4), payable on Jan. 1, 1992.
 The record date for holders of preferred stock entitled to receive the dividend is the close of business on Dec. 16, 1991 and payment will be mailed within the first seven days of January for all shares currently issued and outstanding.
 StatesWest, operating under a code-share agreement with both USAir and Northwest Airlines, has one of the most fuel efficient fleets of prop-jet aircraft in the United States. The airline operates 144 daily departures serving passengers in 14 cities in California, Arizona and Nevada.
 -0- 12/4/91
 /CONTACT: Rudy R. Miller or Mary A. Nance of The Miller Group, 602-225-0504, for StatesWest Airlines/
 (SWAL SWALP) CO: StatesWest Airlines ST: Arizona IN: AIR SU: DIV


KJ-EH -- SD001 -- 9021 12/04/91 08:30 EST
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Publication:PR Newswire
Date:Dec 4, 1991
Words:170
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