World Airways Loses $7.9 Million In First Quarter
World Airways Inc. suffered a first quarter net loss of $7.9 million, or 66 cents per share, compared with a first quarter 1995 net loss of $3.8 million, or 38 cents per share. Revenue climbed 77% to $71.5 million, up from $40.5 million, thanks to a 54% jump in block hours to 10,634. "Although we...
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