SCHEDULE 13D
Amendment No. 1
Reno Air Incorporated
Common Stock
Cusip # 759741101
Filing Fee: No
Cusip # 759741101
Item 1: Reporting Person - FMR Corp. - (Tax ID: 04-2507163)
Item 4: PF
Item 6: Commonwealth of Massachusetts
Item 7: 255,765
Item 8: None
Item 9: 482,576
Item 10: None
Item 11: 482,576
Item 13: 4.9%
Item 14: HC
PREAMBLE
Based upon information presently available to the
undersigned, including the number of shares of common stock of
the issuer (the "Common Stock") outstanding as of the date hereof
and as of July 5, 1995 (the date as of which the undersigned
reported its ownership in its original report on Schedule 13D
filed with the Securities and Exchange Commission on July 19,
1995 (the "Original 13D")), as of the date hereof and as of July
5, 1995, the undersigned was the beneficial owner of
approximately 4.9% of the outstanding Common Stock. Accordingly,
notwithstanding the filing of the Original 13D, the undersigned
is not, and was not on July 5, 1995, a Reporting Person required
to file reports on Schedule 13D. The undersigned will not in the
future file reports on Schedule 13D relating to the Common Stock
unless and until the undersigned otherwise becomes a Reporting
Person.
Item 1. Security and Issuer.
This statement relates to shares of the Common Stock, $0.00
par value (the "Shares") of Reno Air Incorporated, a Nevada
corporation (the "Company"). The principal executive offices of
the Company are located at 220 Edison Way, Reno, NV 89502.
Item 2. Identity and Background.
This statement is being filed by FMR Corp., a Massachusetts
Corporation ("FMR"). FMR is a holding company one of whose
principal assets is the capital stock of a wholly-owned
subsidiary, Fidelity Management & Research Company ("Fidelity"),
which is also a Massachusetts corporation. Fidelity is an
investment advisor which is registered under Section 203 of the
Investment Advisors Act of 1940 and which provides investment
advisory services to more than 30 investment companies which are
registered under Section 8 of the Investment Company Act of 1940
and serves as investment advisor to certain other funds which are
generally offered to limited groups of investors (the "Fidelity
Funds"). Fidelity Management Trust Company ("FMTC"), a wholly-
owned subsidiary of FMR Corp. and a bank as defined in Section
3(a)(6) of the Securities Exchange Act of 1934, serves as trustee
or managing agent for various private investment accounts,
primarily employee benefit plans and serves as investment adviser
to certain other funds which are generally offered to limited
groups of investors (the "Accounts"). Various directly or
indirectly held subsidiaries of FMR are also engaged in
investment management, venture capital asset management,
securities brokerage, transfer and shareholder servicing and real
estate development. The principal offices of FMR, Fidelity, and
FMTC are located at 82 Devonshire Street, Boston, Massachusetts
02109.
Edward C. Johnson 3d owns 24.9% of the outstanding voting
common stock of FMR. Mr. Johnson 3d is Chairman of FMR Corp.
The business address and principal occupation of Mr. Johnson 3d
is set forth in Schedule A hereto.
The Shares to which this statement relates are owned
directly by one of the Fidelity Funds, and two of the Accounts.
The name, residence or business address, principal
occupation or employment and citizenship of each of the executive
officers and directors of FMR are set forth in Schedule A hereto.
Within the past five years, none of the persons named in
this Item 2 or listed on Schedule A has been convicted in any
criminal proceeding (excluding traffic violations or similar
misdemeanors) or has been a party to any civil proceeding and as
a result thereof was or is subject to any judgment, decree or
final order enjoining future violations of, or prohibiting or
mandating activities subject to federal or state securities laws
or finding any violations with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
The Funds and Accounts do not, and did not as of July 5,
1995, own more than 5.0% of the Common Stock. Accordingly, the
information required by this Item 3 is not required to be
disclosed. Any information provided in the Original 13D under
this item hereby is withdrawn.
Item 4. Purpose of Transaction.
The Funds and Accounts do not, and did not as of July 5,
1995, own more than 5.0% of the Common Stock. Accordingly, the
information required by this Item 4 is not required to be
disclosed. Any information provided in the Original 13D under
this item hereby is withdrawn.
Item 5. Interest in Securities of Issuer.
The Funds and Accounts do not, and did not as of July 5,
1995, own more than 5.0% of the Common Stock. Accordingly, the
information required by this Item 5 is not required to be
disclosed. Any information provided in the Original 13D under
this item hereby is withdrawn.
Item 6. Contract, Arrangements, Understandings or Relationships
With Respect to Securities of the Issuer.
The Funds and Accounts do not, and did not as of July 5,
1995, own more than 5.0% of the Common Stock. Accordingly, the
information required by this Item 6 is not required to be
disclosed. Any information provided in the Original 13D under
this item hereby is withdrawn.
Item 7. Material to be Filed as Exhibits.
Not Applicable.
This statement speaks as of its date, and no inference
should be drawn that no change has occurred in the facts set
forth herein after the date hereof.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
FMR Corp.
DATE: August 2, 1995 By: /s/Arthur
Loring
Arthur Loring
Vice President-Legal
SCHEDULE A
The name and present principal occupation or employment of
each executive officer and director of FMR Corp. are set forth
below. The business address of each person is 82 Devonshire
Street, Boston, Massachusetts 02109, and the address of the
corporation or organization in which such employment is conducted
is the same as his business address. All of the persons listed
below are U.S. citizens.
POSITION WITH
PRINCIPAL
NAME FMR CORP. OCCUPATION
Edward C. Johnson 3d President,
Chairman of the
Director, CEO Board and CEO, FMR
Chairman &
Mng. Director
J. Gary Burkhead Director President-Fidelity
Caleb Loring, Jr. Director, Director, FMR
Mng. Director
James C. Curvey Director, Sr. V.P., FMR
Sr. V.P.
William L. Byrnes Vice Chairman Vice Chairman, FIL
Director & Mng.
Director
Robert C. Pozen Sr. V.P. & Gen'l Sr. V.P. & Gen'l
Counsel Counsel, FMR
Mark Peterson Exec. Exec.
V.P.-Management V.P.-Management
Resources Resources, FMR
Denis McCarthy Sr. Vice Pres. - Vice Pres., Chief
Chief Financial Financial Officer,
Officer FMR
SCHEDULE B
Reno Air Incorporated
Not Applicable. The information provided in the Original 13D
under Schedule B hereby is withdrawn.
