Air Transport World

U.S. nationals. (World Airline Report 1991)

Air Wisconsin: The United Express carrier's fortunes turned around in 1990 after a less-than-successful 1989, for which it laid most of the blame on its senior partner. After making no secret of its unhappiness over its treatment by United and even threatening to take its feed business elsewhere, Air Wisconsin finally signed a new and apparently more beneficial United Express agreement that became effective Nov. 1.

Last year also saw the acquisition of Aspen Airways' jet operations, serving the ski resort of Aspen, Colo. Aspen was operated as a subsidiary in 1990 but this year, it is being merged into Air Wisconsin in a cost-saving measure. As a result, Air Wisconsin now is a coast-to-coast carrier via linkage of Aspen's Los Angeles Aspen-O'Hare route to Air Wisconsin's service from O'Hare, to Washington Dulles.

After declining in 1989, revenues resumed their upward climb in 1990, rising 13.5% to $194.3 million. Operating income was down slightly to $1.53 million from $1.83 million but net profit more than tripled to $1.88 million from $539,000 the year before. Air Wis Services, however, reported a net loss of $1.1 million because of losses by Aspen.

Air Wisconsin's traffic also showed healthy growth last year, with passenger

boardings increasing 2.4% to 2,248,008 and RPKs jumping 7.1% to 748 million. This year, it is forecasting gains of 5% in passengers and 7.4% in RPKs.

At year-end, the fleet stood at five BAe 146-300s, five 146-200s, six BAe ATPs and 14 F27s. On order are three more ATPs, five Dash 8-100s and eight Dash 8300s.

Alaska Airlines: Air Transport Worlds 1990 Airline of the Year was one of the few U.S. carriers to come out of one of the industry's more difficult years with a profit ATW, 2/91). Even though it suffered a pretax loss of $17.2 million in the fourth quarter because of high fuel prices and fare discounting, Alaska Airlines ended its 1 8th consecutive profitable year with an operating income of $17.15 million and a net of $15 million. The figures did represent a considerable drop from operating income of $57.8 million and net of $42.3 million in 1989. …

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