Air Transport World

MESABA REPORTS EARNINGS

MINNEAPOLIS--Northwest Airlink Mesaba Airlines, the unofficial host of this years RAA convention, reported a 19.8 million net profit on operating revenues of $277.2 million for the year ended March 31, a 65% jump over 1997's earnings. Fourth-quarter net income was even more impressive, climbing 126% to $4.8 million over the year earlier period. Load factor grew 3.2 points to 54.8% from 51.6%.

Mesaba, which has added 41 new regional aircraft in the past year, posted capacity and traffic increases of 70% and 80%, respectively. Mesaba operates a fleet of 80 turboprops and jets, including Saab 340s, Bombardier/de Havilland Dash 8s and Avro RJ85s.

At RAA, Mesaba announced plans to open a maintenance facility at the Rhinelander/Oneida County Airport in central Wisconsin later this summer. …

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