Vanguard Airlines reported a 28% reduction in traffic and a 34% decline in capacity in March 1998 compared with March 1997, which pushed the load factor up 5.5 percentage points to 78.8%. Vanguard reported 64.6 million revenue passenger miles and 87.4 million available seat miles for the month. Year-to-date RPMs were down 26.5% and ASMs 32%, causing the load factor to rise 5.6 points. President and Chief Executive Robert Spane attributed the changes to major improvements in product, ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Vanguard, Shrinking, Boosts Load Factor To 78.8 Percent".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.