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STATESWEST ANNOUNCES REDUCTION OF 1987 WARRANTS

 STATESWEST ANNOUNCES REDUCTION OF 1987 WARRANTS
 PHOENIX, March 10 /PRNewswire/ -- StatesWest Airlines Inc.


(NASDAQ: SWAL, SWALP) announced today that the exercise price of its 1987 Warrants has been reduced to $.65 from $.75 until April 8, 1992. The 1987 Warrants were due to expire March 31, 1992. The board of directors have reset the expiration date to April 8, 1992.
 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 over 4,000 monthly departures serving passengers in 14 cities in California, Arizona and Nevada.
 -0- 3/10/92
 /CONTACT: Rudy R. Miller or Mary A. Nance of StatesWest, 602-225-0504/
 (SWAL SWALP) CO: StatesWest Airlines Inc. ST: Arizona IN: AIR ARO SU:


CH -- LA009 -- 6877 03/10/92 12:02 EST
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Publication:PR Newswire
Date:Mar 10, 1992
Words:141
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