Martinair Reports Higher Revenues, Lower Profit For 1995
Martinair Holland said its revenues increased 11% in 1995 to $695 million from $624 million in 1994, but pressures on yield resulted in a pretax profit of $37.5 million, down from $43.2 million, and a net profit of $28.1 million, down from $31.2 million. The company said 1995 was its 37th profitable...
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