CommutAir reports an increase in operating profit for 1997
CommutAir posted an operating profit of $17.5 million on revenues of $77.8 million during 1997, according to an internal memo obtained by The DAILY. Those results were down 19.2% and 2.5%, respectively, from 1996, primarily because the carrier reduced its average fare from $120.51 to $117.23. The...
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