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Airlines

Name: RENO AIR
7JetSet7 Code: RNO
Status: Currently Not Operational
Region: NORTH AMERICA
City: RENO
Country: USA
Employees 1995
Web: renoair.com
Email:
Telephone:
Fax:
Sita: RNOYPQQ
Background
(definitions)

STARTED OPERATIONS IN 1992. DOMESTIC & REGIONAL, PASSENGER, JET AIRPLANE SERVICES.

OCTOBER 1995: 3RD QTR = +$4.46M (+$0.56M).

NOVEMBER 1995: CURRENTLY OPERATES 22 MD-80'S. 2 ORDERS
(3 & 4/96) MD-90 (IAE), 20F, 128Y, LEASED. ENGINES $25M.

JANUARY 1996: +2 MD-80'S, NOW 24 MD-80'S. PLANS TO GO TO 28 MD-80'S BY END OF /96 WITH EVENTUAL 10 MD-87'S, 31 MD-82/-83 & 9 MD-90.

ROBERT REDING, PRESIDENT & CEO.

1995 = +$2M (+$14M) (NET PROFIT): +28.8% RPM (PASSENGER TRAFFIC), +24.1% ASM (CAPACITY), 62.9% LF (LOAD FACTOR) (+2.3).

MARCH 1996: JEFF BUCKIO, VP MAINTENANCE (EX-DIRECTOR QUALITY ASSURANCE) ONE OF RENO AIR (RNO)'S 5 ORIGINAL EMPLOYEES.

1ST MD-90 ORANGE COUNTY TO SAN JOSE.

2/DAY ANCHORAGE-FAIRBANKS & DAILY RENO - COLORADO SPRINGS WITH MD-80'S. +1 MD-87 (49780), LEASED. 2 MD-83'S (49941, 49949), EX-(GUE), (GUI) LEASED. AVERAGE AGE OF FLEET IS 6 YEARS.

MAY 1996: 2 MD-83'S (49941; 29949), EX-(GUE), (GUI) LEASED. 1 ORDER (8/96) MD-90. NOW 2 MD-90'S, (MDF) LSD & 24 MD-80'S.

JULY 1996: 1ST 6 MONTHS = +52% RPM.

NOW HAS 26 MD-80'S, 2 MD-90'S. PURCHASED 1 MD-83 (49568) FROM BWIA (TTA) & LEASED BACK FOR 1 YEAR.

AUGUST 1996: ALBUQUERQUE TO DURANGO. NOW SERVES 17 CITIES.

NOVEMBER 1996: NEW 26,265 SQ FT NARROWBODY SINGLE BAY MAINTENANCE HANGAR TO BE COMPLETED IN 12/96.

JANUARY 1997: CODE SHARE WITH HAWAIIAN AIRLINES (HWI) VIA LOS ANGELES (LAX).

1996 = +45.2% RPM; +35.5% ASM, 67.4% LF (-4.5), 5.16M PAX, +30.5% PAX.

TO DETROIT (MD-87) = NOW 19 DESTINATIONS. LAS VEGAS - ORANGE COUNTY.

FEBRUARY 1997: 1 MD-83 (49793), GATX (GAX) LEASED UNTIL 2004.

MARCH 1997: 1 MD-87 (49727), EX-(GAR), "C" CHECK BY SW AERO.

APRIL 1997: 1,700 EMPLOYEES.

1ST Q = -$5M (+$.275M) DUE TO FLOODING, OTHER SEVERE WEATHER, FUEL +25%, +12% RPM, +17.9% ASM, 64.7% LF (-3.4).

ADDED SERVICE TO ALBUQUERQUE, LOS ANGELES (LAX), SAN DIEGO, AND ONTARIO, CALIFORNIA.

JULY 1997: 5TH ANNIVERSARY!

EXPECTS +10% GROWTH THIS YEAR WHEREAS LAST FEW HAVE BEEN 20-30%. HAS 28 MD-80/90'S WITH AVERAGE 6 YEARS AND 11 HOURS UTILIZATION.

1ST 6 MONTHS = +8% RPM, +8% ASM, 66.9% LF (0). 1996 = +$2.03M (+$1.95M). 2ND Q = +$.224 (+$3.3M): 69.1% LF (+3.2). IN Q LOST -$4.5M DUE TO (JT8D) ENGINE PARTS SHORTAGE WHICH LOST 143 DAYS AIRCRAFT AVAILABILITY (5.2%).

2,000 EMPLOYEES.

SEPTEMBER 1997: LAS VEGAS TO OKLAHOMA CITY (MD-80/90).

HAD TO PAY $250K/MONTH TO ACQUIRE SUFFICIENT ENGINES.

OCTOBER 1997: PURCHASES 3RD MD-83 (LEASED SINCE 1993). NOW 30 AIRPLANES.

(http://www.renoair.com).

OCTOBER 1997: 2,137 EMPLOYEES (3RD Q).

NOW FLIES 208 FLIGHTS TO 24 CITIES. CODE SHARE WITH QANTAS AIRWAYS (QAN), SAN FRANCISCO (SFO) - LOS ANGELES (LAX).

2,340 EMPLOYEES (INCLUDING 303 FLIGHT CREW (FC), 500 CABIN ATTENDANTS (CA), 203 MAINTENANCE TECHNICIANS (MT)).

AAR OKLAHOMA DOES "C" & "D" CHECKS. ENGINE OVERHAUL BY AMERICAN AIRLINES (AAL), TULSA AND GREENWICH AIR SERVICES. RENO AIR (RNO) DOES OWN "A" & "B" CHECKS.

9 MONTHS = +6.1% RPM, +5.3% ASM, 68% LF (+.6), 4.196M PAX (+10.8%). 3RD Q = +$4.8M RECORD! (+$4.75M): 69.9% LF (+1.5).

ACQUIRED 5 SPARE (P&W) ENGINES @ $250K/MONTH.

1 MD-83 (49788), LEASED. RETURNED 2 MD-80'S TO LESSORS. TO ACQUIRE 2 MD-90 & EVALUATING 2 USED MD-82'S. TO SAVE $500K/YEAR BY PURCHASING
AIRPLANES RATHER THAN LEASING.

NOVEMBER 1997: E-TICKETING NOW 35% OF BOOKINGS, 90% OF THOSE
THROUGH THE INTERNET, SAVES $7.50 ON EACH TRANSACTION FOR
E-TICKETING OVER PAPER TICKET.

DECEMBER 1997: 1 MD-83 (53093) "C" CHECK MAINTENANCE CONTRACT TO
AVTEL SERVICES, CALIFORNIA.

TO COLORADO SPRINGS, LOS ANGELES (LAX) - SAN FRANCISCO (SFO).

MD-90-30 (2182-53573) DELIVERY.

JANUARY 1998: 1997 = 3.124B RPM (+2.9%), +4.3% ASM, 66.5%LF (-.9), 5.530M PAX (+7.2%). USA MARKET SHARE 1997 = 14TH 0.51% RPM, 13TH LF. 4TH Q = -$12.37M.

+2 FOR TOTAL 5 MD-90-30'S.

FEBRUARY 1998: JOE O'GORMAN, 54 YEAR OLD, EX-UNITED AIRLINES (UAL) EXECUTIVE VP, CHAIRMAN, PRESIDENT & CEO REPLACES ROBERT REDING.

MARCH 1998: LATEST MD-90-30 MARKED WITH "5TH ANNIVERSARY FLYER" & "DEDICATED TO RENO AIR (RNO) EMPLOYEES 1992 - 1997."

PLANS TO CUT FLEET FROM 30 TO 28 AIRPLANES & -150 - 200 EMPLOYEES.

2 MD-82'S (48087; 48088), EX-VENUS AIRLINES, (TBC) LEASED.

SELLS 2 MD-82'S TO SPIRIT AIRLINES (CMI).

APRIL 1998: 1,700 EMPLOYEES. 1ST Q = -$7.1M (-$5M): MAINTENANCE COSTS $11.3M (+49%). TO LAY OFF -330 EMPLOYEES. MAINTENANCE EXPENSES = $13.25M (13.11% TOTAL OPERATING EXPENSES).

JUNE 1998: SAN JOSE - PORTLAND/SEATTLE. RENO - ANCHORAGE.

MD-82 (1456-49604) RETURNED TO LESSOR.

JULY 1998: JOHN RYAN, DIRECTOR MAINTENANCE.

1ST 6 MTHS = 1.56B RPM (+2.0%), +3.8% ASM, 65.7% LF (-1.2), 2.68M PAX.
2ND Q = +$1.85M: -$3.5M FUEL COSTS, REDUCED 15% EMPLOYEES.

AUGUST 1998: SELLS 1 MD-83 TO PEGASUS CAPITAL, WHICH WAS LEASED TO BWIA (TTA).

SEPTEMBER 1998: SAN JOSE - BURBANK. IN 1999, TO CODE SHARE WITH MIDWEST EXPRESS (MWX).

OCTOBER 1998: 2 MD-82'S (48048; 48087) TO SPIRIT AIRLINES (CMI) LEASED FROM SPIRIT SILVER SPRING.

3RD Q = +$12.5M (+260%) RECORD! INCLUDING $3.1M GAIN FROM SALE OF 1 AIRPLANE (+$4.8M). 1997 = -$11.63M (+$2.03M). 3RD Q MAINTENANCE COSTS = $9.89M (10.96% OF OPERATING EXPENSES).

2,350 EMPLOYEES.

CODE SHARE WITH CANADIAN INTERNATIONAL (CDI) SAN JOSE & SAN DIEGO TO VANCOUVER.

NOVEMBER 1998: AMERICAN AIRLINES (AAL) TAKES OVER RENO AIR (RNO) FOR $124M, GIVING (AAL) ACCESS TO WEST COAST MARKETS AND LINKING WITH NEW ONEWORLD ALLIANCE PARTNERS JAPAN AIRLINES (JAL), CATHAY PACIFIC (CAT), AND QANTAS AIRWAYS (QAN).

SERVICE TO 16 CITIES.

2,500 EMPLOYEES.

MD-83 (JT8D-219) TO AVIANCA (AVI).

FEBRUARY 1999: DON O'HARE, EX-AMERICAN AIRLINES (AAL) VP FIELD SERVICES, TAKES OVER AS RENO AIR (RNO) PRESIDENT, REPLACING JOSEPH O'GORMAN.

APRIL 1999: MD-83'S (53182; 53183) RETURNED TO AWAS (AWW), LEASED TO MERIDIANA (ALS).

1,995 EMPLOYEES (INCLUDING 297 FC & 459 CA).

(http://www.renoair.com). SITA: RNOYPQQ.

AUGUST 1999: 2.54B RPK (-15.29%), -12.35% ASK, 63.8% LF
(-2.2), 1.53M FTK (-8.73%), 2.91M PAX (-9.08%).

SEPTEMBER 1999: NOW FULLY INTEGRATED INTO AMERICAN AIRLINES (AAL) SYSTEM.

NOVEMBER 1999: 1998 = -$1.45M (-$11.63M).

JULY 2000: 1999 = -$103K (-$1.45M): 2.86B RPK (-42.5%); 62.9%
LF; 1.53M FTK (-53.5%); 3.27M PAX (-39.1%).

Fleet:
(definitions)

Click below for photos:
RNO

August 2000:

1 MD-80, 32 INS F, 38 INS Y.

9 MD-82 (JT8D-217) (1005-48048; 35-87, LSD TO CML) (49604 RTND TO LESSOR). (ALL MD'S 6.0 YRS), 20F, 120Y.

10 MD-83, 20F, 120Y.

5 MD-87 (JT8D-219), 12F, 105Y.

5 MD-90-30 (V2527) (53570; 53573), 20F, 128Y.

Management:
(definitions)

LEE HYDEMAN, CHAIRMAN OF EXECUTIVE COMMITTEE.

DON O'HARE, PRESIDENT, EX-(AAL) VP FIELD SERVICES (2/99).

JEFF BUCKIO, VP MAINTENANCE.

DUFFY MEES, TECHNICAL DIRECTOR.

ED RINER, DIRECTOR QUALITY ASSURANCE.

JOHN RYAN, DIRECTOR MAINTENANCE (7/98), EX-(UAL).

ED RIVER, MAINTENANCE MANAGER.

 
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