Vanguard Airlines posted a 20.4% drop in traffic in January 1998

Vanguard Airlines posted a 20.4% drop in traffic and a 30.9% reduction in capacity in January 1998 from January 1997, which lifted the load factor 7.9 percentage points. The carrier reported 53.5 million revenue passenger miles and 89.6 million available seat miles, producing a load factor of 59.72%...

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