Amtran Posts Lower Profit; Costs, Scheduled Capacity Up
American Trans Air parent Amtran posted a net profit of $4.2 million that was down 29% partly due to a jump in wage and aircraft rental expenses. Before a one-time charge and special payment, however, the carrier had net income of $6.5 million, up 11.3% from 2000. Amtran took a $1.5 million after...
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