CCAIR Posts Small Profit In First Fiscal Quarter
Charlotte, N.C.-based CCAIR earned a net profit of $295,474, or three cents per share, for the quarter ended March 31, down 46.2% from the same 1998 quarter, when it earned $548,825, or seven cents per share. Operating revenue gained 32.2% to $19.3 million, while operating expenses rose 29.3% to $17...
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