The tracer species nitrous oxide, N2O, and the reactive nitrogen reservoir, NOy, were measured in situ using instrumentation carried aboard the NASA ER-2 high altitude aircraft as part of the NASA Airborne Southern Hemisphere Ozone Expedition/Measurements for Assessing the Effects of Stratospheric Aircraft (ASHOE/MAESA) and Stratospheric Tracers of Atmospheric Transport (STRAT) missions. Measurements were made throughout the latitude range of 70 ¿S to 60 ¿N over the time period of March to October 1994 and October 1995 to January 1996, which includes the period when the Antarctic polar vortex is most intense. The correlation plots of NOy with N2O reveal compact, near-linear curves throughout data obtained in the lower stratosphere (50 mbar to 200 mbar). The average slope of the correlation, ΔNOy/ΔN2O, in the southern hemisphere (SH) exhibited a much larger seasonal variation during this time period than was observed in the northern hemisphere (NH). Between March and October in the potential temperature range of 400 K to 525 K, the correlation slope in the SH midlatitudes increased by 28%. A smaller but still positive increase in the correlation slope was observed for higher-latitude data obtained within or near the edge of the SH polar vortex. At NH midlatitudes the correlation slope did not significantly change between March and October, while between October and January the slope increased by +7%. The larger SH midlatitude increase is consistent with ongoing descent throughout the winter and spring and also suggests that denitrification, the irreversible loss of HNO3 through sedimentation of cloud particles, is not a significant term (<10--15%) in the budget of NOy at SH midlatitudes during the wintertime. A secular increase in the correlation slope is ruled out by comparison with SH data obtained during the 1987 Airborne Antarctic Ozone Expedition (AAOE) aircraft campaign. These results suggest that a seasonal cycle exists in the correlation slope for both hemispheres, with the SH correlation slope returning to the April value during the SH spring and summer. Changes in stratospheric circulation also probably play a role in both the SH and the NH correlation slope seasonal cycles. Comparisons with two-dimensional model results suggest that the slope decreases when the denitrified Antarctic vortex is diluted into midlatitudes upon vortex breakup in the spring and that through the descent of stratospheric air, the slope recovers during the following fall/winter period.¿ 1997 American Geophysical Union