CCAIR Logs Record $2.1 Million Profit In Second Quarter
Dropping unprofitable routes, CCAIR turned in a record $2.1 million net profit for the June quarter. Revenue per available seat mile increased 14.6% to 27.5 cents while yield was down 1.3% to 45.2 cents. Revenue rose less than 1% to $18.1 million and expenses fell 11.8% to $15.7 million. The airline...
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