CCAIR Rides Big Cost Reductions To Quarterly Net Profit
CCAir, the Charlotte, N.C.-based USAir Express affiliate, slashed its unit costs 22.2% in its third fiscal quarter ended March 31 - to 18.9 cents from 24.3 cents per available seat mile - one of the factors enabling it to post a net profit of $447,091, compared with a $1.85 million loss for the same...
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