PRESIDENTIAL <PAIR.O> APRIL LOAD FACTOR DROPS
Presidential Airways Inc said its load
factor for April was 43.8 pct compared with 44.6 pct in the
year-ago period.
    The airline also said its revenue passenger miles were 53.2
mln compared with 30.9 mln in April 1986 and available seat
miles increased to 119.3 mln compared to 70.7 mln.
    Presidential also reported that for the first quarter it
had a loss of 72 cts a share compared with a loss of 98 cts a
share in the year-ago quarter. Revenues were 20.6 mln dlrs,
compared with 11.8 mln dlrs in the year-ago period.
 Reuter
