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, ...


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