CCAIR Turns Profit In Fiscal Year Ended June 30

USAir Express affiliate CCAIR posted an operating profit of $1.7 million and net earnings of $808,001, or 11 cents per share, for the fiscal year ended June 30. The airline's operating revenues declined 1.5%, but its operating expenses dropped 7.1%. In the year before, CCAIR had a net loss of $4.8...

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