COMMANDER PARENT REPORTS LOWER REVENUES, INCREASED LOSS FOR FIRST QUARTER

Aviation General Inc. (AGI), the parent company of Commander Aircraft, said revenues were off 22.7 percent for the quarter ended March 31, while the net loss soared 57.1 percent. The company said sales fell from $2.9 million a year ago to $2.2 million in the period just ended while the net loss rose...

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