Air Transport World

U.S. large regionals. (airline industry report)

Air Illinois: Despite wringing a net profit from a year in which service temporarily was suspended for safety reasons after a fatal crash, Air Illinois in mid-April, 1984, decided to cease scheduled operations. Initial reports were that it intended to continue using its two BAC 111s in charter operations.

Although hindered by the crash of a HS-748 and a subsequent FAA investigation and airline shutdown, Air Illinois posted a 2.3% passenger increase to 256,789 and an 11% rise in RPKs to 69.6 million.

Revenues were off 5.8% in 1983 to $14.8 million, and the airline suffered an operating loss of $427,030 in contrast to an operating profit of $99,003 the year before. Net profit, however, was up $261,247 to $2.7 million.

Airline officials said passengers were slow to return after resumption of service due to increased competitition and continued publicity about the crash.

Air Midwest: Preparations for the introduction into service this fall of five Saab-Fairchild 340s are currently occupying the Wichita-based carrier, which now flies 22 Fairchild Metros.

Air Midwest enjoyed excellent growth in both traffic and revenues in 1983, posting increases of 25.6% to 388,634 in passengers, 25.2% to 122.5 million in RPKs and 22.5% to $33.3 million in revenues. Its operating profit of $4.2 million was up from $3.4 million in 1982; net of $1.8 million was down slightly from $1.98 million.

The 1984 forecast is for an increase of 15.3% in both boardings and RPKs.

Air Virginia: Continued strong traffic growth, along with the acquisition of Mid-South Airlines, pushed Air Virginia into the large regional category in 1983.

Passenger boardings jumped 52.8% during the year to 216,991 and RPKs soared 63.5% to 67.3 million. Slightly lesser increases of 42.9% in passengers and 37.2% in RPKs are forecast for 1984.

Integration of Mid-South's operations into the Air Virginia network brough the total number of points now served to 17. The carrier flies three BAe 748s and 11 Fairchild Metros.

Air Wisconsin: Introduction into service of three British Aerospace 146-200 jets and extension of its route network to Milwaukee and Green Bay highlighted a profitable 1983 for Air Wisconsin.

Three additional BAe 146s are on order, and AW also flies ten de Havilland Dash 7s. Service has been launched so far in 1984 to Flint, Mich., and Eau Claire, Wisc.

Last year saw a 9.2% increase in operating revenues to $54.8 million. Operating profit was down slightly to $8.1 million from $9.1 million in 1982, but net income remained the same at $4 million.

Air Wisconsin boarded 803,000 passengers in 1983 for a 10.9% increase over the previous year, and RPKs were up 9.6% to 194 million. Jumps of 43.2% in passengers and 45. …

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