In this paper, we develop queueing network models of communication networks with reliability model considering link failures. The reliability of a communication network with a virtual connection exposed to link failures is analyzed. Stochastic Reward Nets (SRN) is an extension of stochastic Petri nets and provides compact modeling facilities for system analysis. To get the performance index, appropriate reward rates are assigned to its SRN. It is shown that SRN modeling is well suited to specify, automatically generate and solve for reliability under rerouting. Markov models using SRN are developed and solved to depict various rerouting caused by link failures and reliability analysis in communication networks.